Empowering the Informal Sector: AMWMF-WIN Partners with Sterling Bank to Uplift 16 Million Nigerians
Recall that the Association of Market Women/Men Youth and Farmers of Nigeria (AMWMF-WIN)—a grassroots-focused organization dedicated to advancing the welfare of market traders, farmers, youth, and entrepreneurs across Nigeria—recently announced a transformative partnership with Sterling Bank.
This strategic collaboration is designed to drive inclusive financial empowerment and economic participation across all six geopolitical zones in Nigeria.
According to AMWMF-WIN, the partnership aims to empower over 16 million Nigerians, providing access to essential financial services and support that have historically been out of reach for the informal sector.
Key Benefits of the Partnership Include:
- Free account opening for all registered members
- Access to grants and SME funds for farmers, traders, and small businesses
- Financial literacy programs and personalized business support
- Microloans and low-interest financing for small and growing enterprises
- Electric tricycles and cars to support clean mobility initiatives
- Waste-to-wealth loan programs for sustainable income generation
- Dedicated SME funding for business expansion and startup growth
This initiative aligns with broader efforts to reduce poverty, strengthen local economies, and create inclusive financial ecosystems—particularly for those in the informal sector often excluded from traditional banking services.
AMWMF-WIN emphasized that the program will support:
- Sustainable agriculture
- Small-scale manufacturing
- Clean transportation solutions
- Youth entrepreneurship and startup development
Who Can Apply?
To benefit from this opportunity, applicants must fall into one of the following categories:
- Traders
- Farmers
- Students
- Entrepreneurs
- Startups
“Sterling Bank is our key partner in powering grassroots growth and unlocking new opportunities in all 36 states and the FCT,” AMWMF-WIN stated.