SunTrust Bank has gifted 100 Nigerian female drivers Hyundai Sonata vehicles to support women who are into the ride-hailing industry.
The bank on Monday presented the cars to the women at its headquarters in Lagos under the ‘Women on Wheel’ initiative.
The project which cost the bank N250m was to support women in the transportation sector and improve their living standards, according to SunTrust managing director, Halima Buba.
The MD also disclosed that 100 beneficiaries would be selected from Abuja and Port-Harcourt each, making it 300 across the country.
She revealed that other states will witness similar initiative, but with fewer beneficiaries.
Buba said, “It is an asset finance programme for female Uber and Bolt drivers between ages 18 and 52. We want to see how we can assist females to increase their fleet. All you need to be a part is a driving licence, register with Uber or Bolt and you are good to go.
“I have passion for women and I want to see women develop in their various fields. We are starting with 100 women in Lagos, 100 in Abuja, and another 100 in Port Harcourt. We will also go to other state capitals in Nigeria. Today, we have launched 100 vehicles and we have 100 beneficiaries.”