The Y’ellopreneur initiative seeks to contribute to the reduction of women unemployment and advance women development in ‘Entrepreneurship’ through capacity building and access to capital.

In phases 1 and 2 of this initiative, a total of 5,754 Female Entrepreneurs were trained in Entrepreneurship Skills, and 122 of these entrepreneurs received equipment loan totaling over N301 million. In the third phase, the MTN Foundation is collaborating with the Bank of Industry Limited to implement a Matching Fund Model of N1Bn (One Billion Naira Only).

The implementation of this initiative reaffirms the Foundation’s dedication to supporting the Federal Government’s efforts to promote sustainable socio-economic development in Nigeria, while contributing positively to job creation and achieving the Sustainable Development Goals – 1, 2, 3, 5, 8 & 17.