The Lotus Capital Limited Corporate Social Responsibility scheme – Lotus Economic Empowerment (Micro-Grant) is designed to support SMEs especially female owned businesses that would not ordinarily qualify for financing by Lotus Capital Limited. The target beneficiaries are women who run small scale businesses and need funds to acquire machinery or working capital.
The Lotus Economic Empowerment Scheme was first launched in April 2018 where seventeen (17) women in Lagos benefitted from the scheme. On December 09, 2019, twenty-six (26) female entrepreneurs drawn from the Federation of Muslim Women’s Association (FOMWAN) Lagos Chapter and Muhtadeen Islamic Foundation (MIFO), Lagos Chapter participated in an interactive customer services and sales’ bootcamp facilitated by an ILO certified trainer under the supervision of FATE Foundation.
