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Moniepoint’s 2025 Impact Report found that women-owned businesses in Nigeria had significantly lower loan default rates than male-owned businessesThe fintech company recorded a 300% increase in lending to women in 2025, yet most female entrepreneurs had never accessed formal credit beforeA separate Credit Direct report covering about 300,000 borrowers also found that women outperformed men on loan repayment despite receiving fewer loans
Women-owned businesses in Nigeria are proving to be among the most reliable borrowers in the country’s lending market, with default rates far below those of their male counterparts, according to Moniepoint’s 2025 Impact Report.
The fintech company found that female entrepreneurs in its loan portfolio defaulted at a rate 2.5 times lower than male borrowers, even as women continued to receive a smaller share of total credit disbursed.
Women entrepreneurs continue to outperform men on loan repayment Photo: MagnificSource: Getty Images
Women accounted for 36% of loans on the platform, above
