© 2019 Herbert O. Wigwe

Philanthropy

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Herbert Wigwe is not only an entrepreneur and a businessman. He is also a philanthropist. In 2015, under the aegis of Access Bank Plc; he launched the W-Initiative. A scheme meant to support and encourage more women to venture into business.

The W-Initiative is much more than a loan scheme. It is a community where women of various calibres can connect and share ideas. Women also get training to grow their businesses to new heights.

The W-Initiative also supports a Maternal Health Scheme. This provides women facing fertility issues with support. The Scheme gives women support for fertility issues such as In Vitro fertilization (IVF), Intrauterine Insemination (IUI), Endometriosis, Hysterectomy and many others.

Wigwe is also passionate about the Arts. At the 2015 edition of Africa International Film Festival (AFRIFF), the NollyFund was announced. The NollyFund is a brain child of Access Bank and the Bank of Industry (BOI). The NollyFund is a loan scheme designed to help Nollywood stakeholders with the production and distribution of films.

NollyFund has an initial program limit of N1 billion and a single limit of N50 million for individual loans. Notable beneficiaries of the fund include the veteran filmmaker, Kunle Afolayan who obtained a loan for his movie, the CEO. The CEO is pegged the best pan-African film to come out of Nigeria in recent years.

In Early 2016, Herbert launched his own charitable foundation, The HOW Foundation with the aim of  using this medium as a way to continue to make a positive impact outside of his work environment. Wigwe’s foundation reflects his key passions around youth empowerment, leadership, and mentorship, Malaria, Prostate Cancer, and Children.