About Sara By Wema
Sara is a female proposition by Wema Bank Plc. It is a platform that seeks to provide women with solutions that help them participate in, wholly contribute to, and fully benefit from the growth opportunities available in the Society.
Sara by Wema is for every woman: young female professional adult, irrespective of her class or socio-economic status. It is a proposition designed with the sole purpose of improving the financial, economic and social life of women.
The Sara proposition will be of invaluable benefit to the women from different walks of life and backgrounds.
As part of the efforts by SARA by Wema to build its community for supporting women, Wema Bank is a signatory to United Nations Women’s Empowerment Principles (WEP). We are committed to making a difference for gender equality and women’s empowerment in the workplace, marketplace and community.
See more details at our WEP profile here - https://www.weps.org/company/wema-bank
- Business women
- Enjoy our Business Support Facility that offers you access to working capital loans between N100,000 – N5M with no security
- Specialized loans such as School Support Loan - This facility is available to school owners to help with immediate expenditure.
- Access between N200,000 – N10M with no security
- Pharma – loan: The loan is available to licenced pharmacies and retail pharmaceutical trading companies
- Access between N200,000 – N5M with no security
- Medi-loans: This facility is available to Licenced Hospitals and health service providers.
- Access between N200,000 – N5M with no security
- DBN Loans: This Facility is available to MSME business owners and can be used for both working capital and business expansion. Access up to N200M for a period of 10years
- ALAT Salary based loans
- Other loan offers
- Credit cards
- Asset Acquisition
- Device Loans
At Wema Bank, we believe in supporting businesses and individuals. Female business owners have a special spotlight with our 9% SME Loan. Every quarter, we target businesses owned by women from locations such as Lagos, North/Abuja, South-West and South-East as beneficiaries for this product.
This SME loan product has been specially modified to help women in business actualize their financial goals without hassle. Campaign for this product runs within a 3 months period. After this period, loan is then given to selected beneficiaries. Current campaign for this product will be concluded by July 2021. This loan product will help female business owners offset immediate business needs and to restock on finished goods or business products.
With all-in rate of 9%, no need for collateral or guarantor, any female account holder who is an SME is eligible as long as you continue to grow your transactions counts and volume with Wema Bank through our digital channels - ALAT, ALAT for Business and *945#.
How to get started? Start transacting now using our digital channels - ALAT, ALAT for Business and *945#. Walk into any of our branches and open account today if you do not have one and join the activities.
We organize bespoke training tailored to meet your needs. These programs will speak to but not limited to Business planning and development, Taxations, savings and investments. We also partner with female focused organization to organize trainings for its members.
We provide financial advisory services to members of the organization.
Our offerings also include:
- Information provision: Provision of information on recent business trends, regulations and tips for growing a successful business.
- Mentorship: We provide a platform were young entrepreneurs are paired with experienced mentors for provision of direction and guidance needed to run a successful business.
We have partnered with some beauty, restaurants and health stores to provide deals and discounts to women in the Sara community.
At Wema bank, we are passionate about improving the lives of our women right hence we partnered with AIICO insurance plc to provide a health scheme plan for women. With as low as N1,600 monthly (N16,000, annually) you can enjoy series of healthcare services which includes gynecology, obstetrics, Antenatal, Evacuation, pediatrics.
You still get a sum of N10,000 per hospitalization up to 5 times yearly when you are hospitalized for a minimum of 3 days. This offer is available to all women between the age of 18-65 and is not transferable to dependents.
To subscribe to the health plan, click on the link below to see more details about the plan and select the premium payment plan that best suits you
To register, click here, alternatively, you can visit any of our branches to sign up.
I don’t know how feasible it is to include the coverage, but please see attached
The webinar organized in collaboration with ANWBN is targeted at women who are professionals and Entrepreneurs on the need to innovate and explore new ways in their career and businesses to help them succeed post-COVID-19. The webinar took place on 20th June and had over 1,000 attendees.
A 2 days deep dive training session for 80 female Msme owners on the fundamentals of running a successful business. The training covered Bookkeeping and accounting, developing a proper business plan and market research.
This is a 3-day virtual training in collaboration with Digivate 360 targeted at female Msme owners. The training was designed to teach Female entrepreneurs how to leverage Facebook family apps such as Instagram, Whatsapp and Facebook to grow their businesses, run adverts, acquire customers and promote sales. The workshop took place on August 6th – 8th 2020 with an attendance of over 600 participants.
|This is a 3 days virtual training in collaboration with Digivate360 targeted at female Msme owners. The training was designed to teach Female entrepreneurs how to leverage the different Facebook family apps such as Instagram, WhatsApp, Facebook to grow their businesses, run adverts, acquire customers and promote sales. The workshop took place on August 6th – 8th 2020 and had an attendance of over 600 participants.||
The Webinar themed “Finishing strong inspite of… is aimed at equipping 100 career women with the knowledge necessary to help transition from being employees to Entrepreneurs and also embracing and digitization so they can pivot to profit post-covid-19.
To commemorate the 2021 International women's day, we organized a webinar themed “challenge today for an equal tomorrow. The panelists addressed women on the need to challenge various biases in their career, finance, business and society while also working towards financial freedom for a better tomorrow. The webinar held on the 12th of March 2021 with over 200 zoom attendees and 3,000 Facebook views.
To commemorate Breast Cancer Awareness Month in October, the webinar themed “Keep the lumps out of your cups” was organized to drive awareness of Breast Cancer and how it affects women in society. The webinar was held on 13th October with over 400 participants. At the end of the session, a free mammogram was done for 70 customers in conjunction with Lilly Women's’ health.