Helping female businesses grow through discounted access to finance is one of the
many unique value propositions under the Access Bank’s W Initiative.
Tracy Batta, co-founder, SmoothieExpress and a W Power Loan beneficiary recently emerged on
Forbes Africa’s 30 under 30 list.
Tracy Batta co-owns Smoothie Express, a healthy focused brand known for providing
consumers with healthy fast foods. Prior to her recognition under the 2020 class of
Forbes Africa’s 30 under 30, Tracy was recognized under Business Day’s Top100
Fastest Growing SMEs.
She has since grown to become a household name in Lagos.
Since its launch in 2018, the W Power loan has impacted the businesses of
growingfemale entrepreneurs with N14bn for expansion whilst seeking opportunities
and exposure to the global market.
Speaking on the impact of the W Power Loan on female owned businesses, Ada
Udechukwu, Head, Women Banking at Access Bank said: “Ensuring access to
affordable finance for SMEs and opportunities to access new markets is an
integral part of Access Bank’s economic ecosystem for SMEs.
“Since the introduction of the W Power Loan, more women can now sit at the helm of
entrepreneurial affairs and grow their businesses to be internationally
recognized. Westrengthen female-owned SMEs in Nigeria by being a pillar for
them to lean on for growth and expansion.”
Access Bank’s support for female-owned home-grown businesses is undeniable and
this is evident in the resultant benefits from its discounted financing initiative, The W
Power Loan.