Gender-based credit trends show lower default rates in Nigeria and gaps in Ethiopia

Recent financial reports from Nigeria and Ethiopia highlight contrasting aspects of gender-based credit access and repayment performance.

In Nigeria, data from Moniepoint’s 2025 Impact Report indicates that women-owned businesses default on loans at a rate 2.5 times lower than male-owned businesses. Despite women receiving a smaller share of overall credit, their repayment performance remains stronger. The report notes that 62% of female entrepreneurs surveyed were accessing formal credit for the first time, and lending to women on the platform grew by over 300% in 2025.

In Ethiopia, the National Bank of Ethiopia (NBE) reports a significant gap in credit depth. While women account for 28.5% of traditional bank loans by number, they receive only 17.3% of the total credit value. This suggests female borrowers are accessing smaller loan amounts compared to men. The NBE also noted underrepresentation in digital financial services and senior banking management, with women holding only 14.8% of senior positions.