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14/11/2019

Access Blog

Now You Can Fund Your Passion with the Creative Sector Loan

What’s Happening?
 


Welcome to the much anticipated ‘pepper them’ season people. Truth is, not all our Nigerian youths can be on a certain reality show. With the scores of people that auditioned for the show, we can all agree that a sizeable number of people are constantly looking for that big break!
Jerome has been running his couture business since 2010, ‘Call me Rack’ has a mixtape and several singles, Laila wrote her thirteenth script last Tuesday and Kammy is a software engineer in his fourth year at Babcock University. Right now, our Nigerian culture, tunes and movies are inspiring the heavyweights in the foreign scene – Nigeria to the World! The future is our creative exports!
 
The Big Break
The Central Bank of Nigeria in collaboration with the Bankers’ Committee has developed a Creative Industry Financing Initiative (CIFI). The initiative is geared towards boosting job creation in Nigeria, particularly among the youth. By implication, if your business is in any of these areas; Fashion, Information Technology, TV, Cinematography, Movie Production, Movie Distribution, Music and the Creative Agencies supporting them or if you are a student studying Software Engineering, then you can benefit from the Creative Industry Financing Initiative.
 
How, you ask?
Simply put together a business plan on how much you need to fund your business, then proceed to any Access Bank branch around you to begin the process or apply online through our creative sector loan portal. Our Relationship officers will contact you for further discussion and process your loan request. The maximum interest rate is 9% per annum (all charges inclusive).
 
Get this, repayment of the loan is a maximum of three years for Software Engineering Student Loan, a maximum of ten years for Movie Production and Distribution, and a maximum of ten years payback period for Fashion, Information Technology (IT) and Music.
 
We Stay Motivating
We’ll sign out by sharing this quote by Marianne Williamson; ‘Our deepest fear is not that we are inadequate - our deepest fear is that we are powerful beyond measure. We ask ourselves; Who am I to be brilliant, gorgeous, talented, fabulous? Actually, who are you not to be?
To the ambitious, who believe in endless possibilities, we are the financial partner that support your dreams every step of the way, through our dynamic and innovative solutions, because you deserve more! At Access Bank, our purpose is to impact lives positively. Dare to fund your passion today!

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