Mastercard, Omaness to Support Female Entrepreneurs in Nigeria

In a continuation of its support to small businesses and women entrepreneurs, the Mastercard Center for Inclusive Growth has awarded a grant to The Omaness Skinfood Company in Nigeria.

The West African skincare company is a social impact enterprise which aims to foster economic prosperity for women and communities in Nigeria. It produces a line of high-quality, skin-enriching body care products using natural ingredients that are primarily sourced from Nigeria.

According to a statement, by scaling its Skinfood Merchant Program through a seed funding grant from the Mastercard Center for Inclusive Growth, Omaness hopes to empower 10,000 women entrepreneurs to run their own skinfood merchant business by 2025.

Mastercard’s support is expected to provide skinfood merchants with micro-inventory credits, marketing support and business development training, enabling them to start a profitable business, alongside opportunities to sell more, earn more, scale faster and ultimately benefit from a sustainable income.

“Mastercard is a longstanding supporter of small businesses and women entrepreneurs. We also passionately believe in building a better and more equal world where everyone can reach their potential, by recognizing the contributions of women. Partnering for good is what we do best and this collaboration is one more way we enable sustainable, inclusive growth that will not only benefit the new merchants, but their families and communities too,” the Director Middle East and Africa at Mastercard Center for Inclusive Growth, Natasha Jamal said.