Credit Corporation To Empower 3,700 Women

The Nigerian Consumer Credit Corporation (CREDICORP) said it wants to empower at least 3,700 Nigerian women through its credit-backed mobility programme.

CREDICORP managing director, Engr. Uzoma Nwala, disclosed this yesterday in Port Harcourt, during the distribution of 20 tricycles to young women in Rivers State.

Nwala described the ‘Queen Rider’ programme as an ambitious nationwide initiative, aimed at empowering at least 100 women per state and the Federal Capital Territory to become tricycle owners and operators through access to credit-backed vehicle purchases.

He said, “But, this is more than just mobility. It is a strategy for economic inclusion, putting working tools in the hands of women who are too often locked out of high-opportunity sectors like urban transportation.

“With partner financial institutions such as Accion Microfinance Bank, CREDICORP is scaling access to productive assets that improve household incomes, stimulate local manufacturing, and unlock the economic power of Nigerian women.

These tricycles aren’t just vehicles.

They represent ownership, autonomy, and agency for women—delivered through structured, affordable credit and made in Nigeria.

We are solving for household dignity and industrial growth at the same time. By driving up demand for domestically assembled vehicles, the program supports Nigeria’s broader industrial policy goals, ensuring that every loan taken strengthens a local factory and feeds a local family.”