Kwara disburses N1.2b to MSMEs

Date: 2015-07-29

Kwara State has disbursed over N1.2b to traders, farmers, as well as artisans under its empowerment programme, the Governor, Dr Abdulfatah Ahmed, has said.

Ahmed who stated this at the opening of Brightway Microfinance Bank in Ilorin, said the money was disbursed through 10 Microfinance Banks across the state.

He said the scheme has enhanced inclusive banking, adding that financial services have been extended "to more than 50,000 individuals and 2,500 cooperatives who would otherwise have been excluded from banking services."

Ahmed said arrangements have also been completed to inject additional funds into the program so that more entrepreneurs and youths would start or expand their business, development, he explained that would create employment for more people in the State.

The governor advised commercial and microfinance banks "to design services and products that are suitable and affordable to MSMEs. He added that such services should include affordable microfinance facilities with low interest rates that would be appealing to entrepreneurs.

Source

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Afin Descendants Union Of Odo-Owa     Illyasu Abdullahi     Undergraduate Bursary     Oko     Summit University     SSA Youth     Kamoru Kadiri     Alfa Modibbo Belgore     Ajia-Bako     Yusuf Amuda Gobir     Yusuf Lanre Badmas     Paul Olawoore     Alabi Olayemi Abdulrazak     Olatunde Jare     IF-K     Nigerian Army     Sai Kayi     Mazars Consulting     HYPPADEC     Yusuf Abubakar     General Hospital, Ilorin     Olabode Towoju     SARS     AbdulGafar Tosho     Javed Khan     Joseph Offorjama     Curfew     Tinubu     Musa Abdullahi     Ilorin Like-Minds     Abdulrazaq Aiyelabegan     Yusuf Olaolu Ali     Otunba Taiwo Joseph     Funmilayo Mohammed     International Vocational Centre     Tanke Flyover Bridge     Abubakar Olusola Saraki     Jumoke Gafar     Laduba     Post-utme     Victor Gbenga Yusuf     Ilorin Airport     Yakub Lai Gobir     Alanamu     Towoju     Christopher Odetunde     Yahaya Oloriegbe     Awoye     Abraysports FC     Afonja Descendants Union     Mohammed Haruna     QuickWin     Seun Bolaji     Olabanji Orilonishe     Segun Abifarin     Christian Association Of Nigeria     Atiku     Durosinlohun Atiku     Mopelola Abdulmaliq-Bashir     Siddiq Adebayo Idowu Salawu     Ohoro Of Shao     Mohammed Kamaludeen     Saba Mamman Daniel     Yashikira     Isiaka AbdulRazaq     Jare Olatundun     Assayomo     Umar Yakubu Jaja     Ghali Muhammed     Abdulkareem Alabi     CCB     Abdullahi Biffo     Muhammadu Gobir     Tinubu Legacy Forum     Shaaba Lafiagi     Tunji Oyawoye     Kola Ologbondiyan    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Abdulkarim Adisa     AbdulHakeem Ajibola Akanbi     Olabanji Orilonishe     Bareke     Oluwarotimi Boluwatife Adenike     Local Government     Sunday Popo-Ola     Ambassador Kayode Laro     Gbenga Adebayo     Nigeria Foundation For Artificial Intelligence     Muslim Cementary     Mike Omotosho     Flights To Ilorin     Rice Farmers Association Of Nigeria     Yoruba     Christopher Tunji Ayeni     Offorjama     Halidu Danbaba     Toyin Olayinka Tejidini     Tanke Flyover Bridge     Hassan Abdulazeez Elewu     Mahmud Ayinla Giwa     Olatunde Olukoya     Nupe     NNPP     School Of Nursing     Omotosho     Wahab Abayawo     Vishvas KOZ Tractors     Saduki Lafiagi     Oyun     Abdulquowiyu Olododo     Kamoru Kadiri     Twitter     Abdulrazaq Solihudeen     Magaji Nda     CT Ayeni     Abdulwahab Oba     Yinka Aluko     Sabitiyu Grillo     Taofik Abdulkareem Babaita     Patigi Regatta     Ridwan Agboola     Hauwa Nuru     Kwara Muslim Pilgrims Welfare Board     John Mayokun Dada     Muslimah Entrepreneurship Forum     Emmanuel Olatunji Adesoye     Abdulwaheed Musa     Abraham Ojo     Ayeyemi Sulaiman     Henry Makinwa     Odo-Owa     Ibrahim Taiwo     Ilorin Likeminds Foundation     V.O. Abioye     Mustapha Akanbi     CCT     Muhammed Abdullahi     Millennium Development Goals     Association Of Kwara State Online Media Practitioners     New Nigeria People’s Party     ER-KANG     Jumoke Monsura Gafar     Summit University     Ilorin Emirate Stakeholders Forum     Igbomina     Oba David Oyerinola Adedunmoye     Kwabes     Tunji Ajanaku     Saka Keji     Oke-Kura     International Public Sector Accounting Standards     Ajibike Katibi     Saheed Alakoso     Taofik Abiodun Ahmed     Umar Saro