FCMB is offering zero percentage interest loan for women in business. The loan provides easy access to capital to grow an existing business. If you are female and run a business in Nigeria, you may be able to access a loan of up to ₦5million for a maximum tenor of 3 months or be one of the selected females to
- Attend our free business trainings.
- Be assigned a mentor to support your business growth.
Benefits of the Offer
- Zero interest on loan
- Capacity building
You could be one of the 40 women who will qualify to get access of up to ₦5million at 0% interest rate and get training/mentorship for a quarter. Applications close on 11th of October 2019.
Please note that applications after that will not be considered.
Click here to apply.
Terms & Conditions
- Successful applicants must be willing to undergo a 3 days training and take part in the mentorship program in which mentors are assigned to the mentees based on type and age of business. This mentorship program runs for 3 months and the mentor is expected to work with the mentee on their plans for their business and help that mentee achieve a certain level of growth by the end of the program.
- Successful participants who are not willing or available to undergo the training or take part in the mentorship program will not be able to proceed and will be substituted
- Customers who undergo training and mentorship but are not part of the loan beneficiaries will be assisted to see if they can be availed any other loan facility that will be suitable for them, provided they meet all necessary terms and conditions.
- Applications which come in after the deadlines will be not considered
- If you are a limited liability company, you must be able to provide evidence of filing of annual returns and tax payment for the current year.
- You must have a clean credit check.
Tiny changes, Remarkable Results; Atomic Habits By James Clear
“All big things come from small beginnings. The seed of every habit is a single, tiny decision. But as that decision is repeated, a habit sprouts and grows stronger. Roots entrench themselves and branches grow. The task of breaking a bad habit is like uprooting a powerful oak within us. And the task of building a good habit is like cultivating a delicate flower one day at a time.” – James Clear
Atomic Habits by James Clear, is an excellent book and worth the read. In this book, you would learn how to start good habits, stop bad one. You would also understand why paying attention to what you do on a day-to-day basis matters.
According to Will Durant, “We are what we repeatedly do. Excellence then is not an act, but a habit.” Habit has a significant effect on one’s life over time, and the sooner you start with good habits and stop bad ones, the better your life will be in the short and long run.
As James said, it is easy to overestimate the importance of one defining moment and underestimate the value of making small improvements daily. Society has taught us that huge success requires massive action. So we often mount pressure on ourselves to make some weighty improvement that would make everyone talk about it.
Although improving by one percent is not notable or noticeable. However, it can be far more meaningful, especially in the long run. The difference that this one percent improvement can do over time is outstanding.
You might start to think about it now; maybe there are some bad ones you are currently struggling with. It is vital to take note of them and ensure you work on changing because they accumulate into toxic results.
“The outcomes are a lagging measure of your habits. Your net worth is a lagging measure of your financial habits. Your weight is a lagging measure of your eating habits. The Knowledge you have is a lagging measure of your learning habits” – James Clear
Then you wonder, why is it so easy to repeat bad habits and so hard to form good ones? It often feels difficult to keep the good habit going for more than a few days, even after repeating a few motivational mantras every morning and the likes.
James noted that changing and sticking to good habits is difficult for two reasons; we try to change the wrong things, and we try to change it in the wrong way. In light of this, there are three layers of behavior change, outcome, process, and identity. The outcome is about what you get, the process is about what you do, and identity is about what you believe. The core of behavior change will reflect on your habits and your outcomes much more effectively if you start with your identity. Decide the type of person you want to be, prove it with small wins.
Here are four laws of behavior change for the process of Habits with an example each to make you understand better:
Make it obvious. “Don’t hide your fruits in your fridge; put them on display front and center.” According to Carl, “Until you make the unconscious conscious, it will direct your life, and you will call it fate.”
Make it attractive. “Start with the fruit you like the most, so you’ll want to eat one when you see it.”
Make it easy. “Don’t create needless friction by focusing on fruits that are hard to peel. Bananas and apples are super easy to eat, for example”.
Make it satisfying. “If you like the fruit you picked, you’ll love eating it and feel healthier as a result!”
With this kind of framework, it is essential you keep yourself accountable and not get overwhelmed. An easy way to do this is to track and visualize your progress – this will make you happy with yourself when you see how far you have come. According to James, “Measurement offers one way to overcome blindness to our behavior and notice what’s going on each day. When the evidence is right in front of you, you’re less likely to lie to yourself.”
Please note that this is just a summary of Atomic Habits, and lots of information and examples were left out. Therefore, I would recommend that to understand the concepts, you should read the book.
The Roddenberry Prize 2020 for Organizations with innovative solutions
The $1M Roddenberry Prize is a call for big, bold solutions from anyone, anywhere that address the challenges of an unpredictable and fast-changing global landscape. Four game-changing and innovative solutions will each receive $250,000 for their work in one of the following fields: Education, Science, Environment, and Humanity. Applications from anyone — individuals, for-profits, teams, non-profits, and B-corps — are welcome.
Deadline: April 10, 2020.
The Roddenberry Foundation welcomes Prize applications from individuals, non-profits, social enterprises, and B-corps who meet all of the following:
- Individuals who are 18 years of age or older
- Organizations or institutions with a budget of $10mil or less
- Organizations whose primary focus of their work is either Education, Science, Environment, or Humanity
- Submit an application in English
- Include completed responses to all required application questions
- Agree to all legal terms and conditions of the Prize grant program
Be able to legally receive grant funding
Four awardees will receive $250,000 each. Awards will be announced in August 2020. The top organizations in each issue area that are not awarded a prize will be recognized publicly as Finalists.
Timeline and Applications
HOW TO APPLY
If you did not register for our new application system in 2019, or if you submitted an application in 2018 or earlier, you can create an account APPLY HERE.
If you did create an account, simply sign in HERE and click the “Apply” button on the right next to “Prize”.
For more Information: Visit the website for Roddenberry Prize 2020 for Social Entrepreneurs & Changemakers