Entourage Integrated Trust, a Nigerian microfinance institution, has unveiled new data that emphasises the pivotal role women entrepreneurs play in driving financial growth and community development.
The findings showed that female borrowers consistently outperformed their male counterparts in loan repayment and financial discipline, underscoring their reliability and economic influence.
According to Chief Executive Officer Seyi Asagun, women are not only dependable borrowers but also key drivers of sustainable growth.
“Their strong financial habits and deep-rooted ties within their communities help reduce credit risk and create far-reaching economic impact, positively affecting households and entire communities,” he said.
He said the observations echo global microfinance trends, which shows that women are more likely to reinvest earnings into their families and local economies, thereby fostering broader societal benefits. He said the company has aligned its strategic focus, accordingly, making women a central part of its mission to promote inclusive finance.
Deputy General Manager, Nkafuonye Philip, reinforced the commitment, stating that the institution’s tailored products, such as the weekly group product, are designed to build financial resilience among women and strengthen grassroots economic activity.
Through ongoing support and access to capital, he said the firm continues to champion financial inclusion, empowering more women across Nigeria to thrive and make meaningful contributions to their communities.