Governor Ahmed Commissions First Cooperative MFB in Ilorin

Date: 2017-07-11

Governor Abdulfatah Ahmed of Kwara State has commissioned the first cooperative financial institution, KWACOFOCUS Micro Finance Bank (MFB) in Ilorin to provide more access to credit for farmers and small business owners in the state.

Ahmed, while speaking at the occasion, said his government had ensured inclusive financial system to grow and expand businesses in the state.

He said the financial assistance was providing existing businesses with access to capital at single digit interest rate.

He pointed out that in spite of relevance of funding to business, his government holds the agricultural sector in high esteem owing to the potential of the sector to create employment and generate revenue through investment opportunities in the agricultural value chain.

The governor urged members of the public, especially the youth to take advantage of the services of the bank and access funding to grow their businesses.

In her address, chairman, Board of Directors of the bank, Hajia Zururat Romoke Zubair, said the financial institution was set up to complement the effort of the government in the areas of agric development and sustainable empowerment for rural farmers, financial inclusion for rural women and youths, support for the growth and development of small scale businesses and easy accessibility to finance.

She said 80 per cent of the bank's credit had been earmarked for agricultural cooperative societies and urged farmers and small scale business owners to partner with it.

Source

 

Cloud Tag: What's trending

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

Bolaji Abdullahi     Kayode Issa     Obasanjo     Bello Oyebanji     GGDSS Pakata     AbdulKareem Yusuf Danhawa     Idowu Aremu     Balogun Gambari     Anilelerin     KWSUED     IEDPU     Atunwa     Bankole Omishore     Olaoye B. Felix     Islamic Development Bank     Muyideen Ajani Bello     Saliu Ajibola Ajia     Wole Oke     Buhari     Adanla-Irese     Elelu     Oke-opin     Yekeen Alabi     Sola Saraki University     Najim Yaasin     Bola Olukoju     Kwara Coalition Of Business And Professional Associations     Gurei     Suleiman Abubakar     Bashiru Makama     Harrison Osauwagboe     Vishvas KOZ Tractors     Simeon Sayomi     Ahman Patigi     Apaokagi     Bareke     Hijaab     Yusuf Abdulraheem     Haliru Yahaya     Kassim Babamale     Kwara Hotel     NTA Ilorin     Toyosi Thomas     Noah Yusuf     Olatunji Moronfoye     College Of Education     Olatunde Olukoya     Mohammed Yahaya Barki     Osinbajo     NITDA     Kumbi Titilope     Medview Airlines     Moses Rahman Popoola     Micheal Imodu-Ganmo Road     Ministry Of Women Affairs And Social Development     Bamikole Omishore     Akorede     Saadu Alanamu     Tunji Olawuyi     Adesoye College     Okala Baba     Abdulmalik Bashir Mopelola Risikatullahi     Abubakar Aliagan     Babaita     Arandun     Fatimoh Lawal     Afolabi-Oshatimehin Adenike Harriet     COVID     Katibi Ibraheem Adeola     Muritala Olarewaju     Shuaibu Yaman Abdullahi     Jimoh Olusola Imam     Raliat AbdulRazaq     Ilorin Anchor Men And Women     Abubakar Olusola Saraki     Baba Isale     Oju Ekun Sarumi    

Cloud Tag: What's trending

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

Oju Ekun Sarumi     MATTA Girls Foundation     Olatunji Moronfoye     AbdulGaniyu Kareem     Magaji Are     Emmanuel Olatunji Adesoye     Federal Neuro-Psychiatric Hospital     Kwara Muslim Pilgrims Welfare Board     Kola Shittu     Joseph Yemi Ajayi     Majlis For Sadakah, Zakat And Waqf     Jaiz Bank     Mansur Alfanla     School Of Nursing     Leke Ogungbe     Hijab     Nurudeen Muhammed     Abdulhakeem Amao     Waziri Yakubu Gobir     Mutawali     Umar Ahmed Gunu     Arandun     NaAllah     Iqra Books     Harafat E. Mukadam     Kwabes     Emir Of Yashikira     UNIFEMGA     Mustapha Olanipekun     Lanre Badmas     Hamidu Olowo     ITP     Christopher Ayeni     Femtech     Amuda Musbau     Mohammed Alabi Lawal     Kwara TV     Oniyangi Kunle Sulaiman     Modibo Kawu     Oba Sulaiman Asude     Awodun     ENetSuD     Olusin Of Ijara Isin     Jebba     Stephen Fasakin     Muhammed Abdullahi     Bamikole Omishore     Asiwaju Bola Tinubu     Kwara Politics     Tunji Moronfoye     Awwal Jawondo     Kwara Metro Park     Garba Ayodele Wahab     Rafiu Ajakaye     Abdulganiyu AbdulAzeez     Emir Of Ilorin     Razaq Ayobami Akanbi     Pacify Labs     Rasaq Jimoh     AbdulRauf Keji     Aisha Buhari     Nupe     Rafiu Ibrahim     Towobola Abdulrahman Toyin     Maigida Soludero Transit     Sodiya     Moremi High School     AGM Professional Services     Special Agro-Industrial Hub     A.O. Belgore     Daud Adeshola     Mahmud Ayinla Giwa     Oba Abu     Veterinary Teaching Hospital     TETFUND     Bayer AG     Tayo Awodiji