In a major boost to women’s economic empowerment in Ondo State, the Nigerian Consumer Credit Corporation (CREDICORP), in collaboration with Gamma Mobility and Accion Microfinance Bank, has rolled out the Queen Rider program in Akure, providing credit-financed tricycles to dozens of women.
The initiative, which took place on Tuesday, July 22, is part of CREDICORP’s nationwide S.C.A.L.E. program—Securing Consumer Access for Local Enterprises, aimed at expanding access to productive assets through affordable credit.
Under the Queen Rider scheme, beneficiaries received locally assembled tricycles to support their participation in the commercial transport sector.
The program is designed to empower 3,700 women across Nigeria, with at least 100 participants selected from each state and the Federal Capital Territory.
The tricycles distributed in Akure were assembled by Simba TVS, one of Nigeria’s foremost three-wheeler manufacturers.
With a daily production capacity exceeding 1,100 units, the company plays a key role in strengthening the local manufacturing sector while promoting job creation.
Speaking at the event, CREDICORP’s Executive Director of Operations, Olanike Kolawole, emphasized the transformative potential of the program.
“What we’re building is a pipeline of dignity—where Nigerian women move from survival to stability through credit,” she said.
“These are more than vehicles. They represent access, ownership, and control over one’s economic future—and they’re made in Nigeria, financed in Nigeria, and changing lives across Nigeria.”
The event attracted participation from public and private sector stakeholders, reflecting strong alignment with the Ondo State Government’s push for industrial development and economic inclusion.
The Queen Rider initiative is part of CREDICORP’s broader vision to provide credit access to 50 percent of Nigeria’s working population by the year 2030.
Other active programs include YouthCRED, which targets young people and National Youth Service Corps (NYSC) members, and C.A.L.M., which supports clean energy and Compressed Natural Gas (CNG) adoption.
CREDICORP continues to partner with the Central Bank of Nigeria, licensed financial institutions, and local manufacturers to scale inclusive financial solutions nationwide.
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