Happy Woman Solutions Limited has partnered with Mayden Microfinance Bank to launch the Happy Woman Match Fund, a financing initiative designed to help women entrepreneurs acquire business equipment needed to expand their enterprises and improve their earning capacity.
The initiative seeks to bridge one of the biggest challenges facing many women-owned businesses limited access to productive assets by enabling participants to save half of the cost of equipment while the remaining 50 per cent is financed through Mayden Microfinance Bank.
Targeted initially at members of the Happy Woman community in Lagos and Abuja, the programme will support women entrepreneurs in purchasing essential business equipment, including sewing machines, bakery equipment, salon tools, catering equipment, freezers, printers and other productive assets.
According to the organisers, the Match Fund is intended to make business expansion more accessible by removing the financial barriers that often delay business growth.
Chief Executive Officer of Happy Woman Solutions, Kunle Erinle, described the initiative as a significant milestone in the organisation’s commitment to empowering women economically.
He said the programme reflects the organisation’s mission to remove obstacles that prevent women-owned businesses from reaching their full potential.
“Economic empowerment begins with creating access to opportunities that enable women to build sustainable businesses.
Through the Happy Woman Match Fund, we are providing a practical pathway for women entrepreneurs to acquire the productive assets they need today while cultivating healthy financial habits that will strengthen their businesses for the future,” Erinle said.
He noted that many women entrepreneurs already possess the skills, customer base and ambition to scale their businesses, but often lack the equipment required to increase productivity and competitiveness.
Under the financing model, participants are expected to save 50 per cent of the cost of the equipment they intend to purchase, while Mayden Microfinance Bank provides financing for the remaining balance, allowing beneficiaries to access
critical business tools without waiting months or years to accumulate the full amount.
Founder and Managing Director of Mayden Microfinance Bank, Foluke Alakija, said the partnership aligns with the bank’s commitment to advancing financial inclusion by developing innovative financing solutions for underserved entrepreneurs.
She reaffirmed the bank’s support for women-led enterprises, noting that expanding access to capital remains essential to driving entrepreneurship, job creation and inclusive economic growth.
“We remain committed to advancing financial inclusion by supporting innovative financing solutions that expand access to capital for underserved entrepreneurs, particularly women-led businesses,” she said.
Beyond providing financing, the organisers said the initiative aims to strengthen women’s economic participation by helping them build sustainable businesses, create employment opportunities and achieve greater financial independence.
Applications for the first cohort of beneficiaries are now open to eligible members of the Happy Woman community in Lagos and Abuja, with plans to extend the initiative to more women entrepreneurs in the future.
