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Z Woman

The Z Woman is a female-owned product geared at empowering women in achieving their dreams of becoming successful business owners.

Zenith Bank ZWoman

ZWoman

Zwoman is our proposition to closing the financial gap faced by female owned businesses and ensuring that we create more opportunities for growth in the business environment for women.

PRODUCT DESCRIPTION

ZWoman is our loan product for female owned businesses for all sectors primarily geared towards growing our SME Sub-sector and diversifying our customer base. 

Loan Value 
10 million
 
Tenor 
12-24 months 
Management Fee
1%

Category 
All female owned business. 

Repayment 
Monthly or Quarterly repayment in line with customers cash flow from sale/collection into account with zenith bank.

LOAN TYPE

Working Capital 
Business Expansion, Purchase of raw Material 
Term loan 
Asset acquisition, Machinery and Infrastructure upgrade (fixed Assets) 

BENEFITS

The Zwoman community cuts across women in Business, Education, Career, Health and Technology.

Features

  • Training
  • Coaching
  • Networking

REQUIREMENTS

  • Customers must have an existing corporate account or SME account with the bank
  • Customers are required to maintain their account for a minimum of 6 months prior the processing of the loan.

ELIGIBILITY

  • Female owned businesses with a shareholding of 50% and above  
  • Business that has a woman as its CEO or CFO.

OTHER CONDITIONS

  • Positive credit checks
  • Company profile 

To open a ZWoman Account, simply visit the nearest Zenith Bank branch.

Zenith Bank ZWoman Loan

ZWoman Loan

Our ZWoman loans are granted in two broad areas:

Working Capital

This is designed to finance the day-to-day operations of a business, ranging from payment of employees’ wages to covering accounts payable for the business and purchases of raw materials. Payment of this loan is usually on a monthly or quarterly basis from the customer’s Z-woman account for a period of 24 months.

Term Loan

This is to purchase fixed assets such as equipment, a new building, machinery or infrastructure upgrade. Payment of this loan is usually on a monthly or quarterly basis from the customer’s Z-woman account.

International Women's Day 2023

To commemorate the 2023 International Women's Day
Zenith Bank provided financial support to women under the
ZWoman program.

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