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.

Coalition Of Kwara North Groups     Muhammed Danjuma     Alimi Abdulrazaq     Kwara United     Ibrahim Mohammed     Aliyu Muhammad Saifudeen     Jani Ibrahim     Veterinary Teaching Hospital     Oko-Erin     IF-K     Bareke     Wahab Femi Agbaje     Idris Garuba     Aliyu Olatunji Ajanaku     Kwara Liberation Group     Usman Rifun     Abdulfatai Baakini     Bolaji Aladie     Oluwole Dupe     Young Progressives Party     Ishaq Salman     Sarakite     Iyeru Grammar School     Abdulfatah Ahmed     Bola Tinubu     Afonja     Kwara State Sports Commission     Adamu Ibrahim Sabi     Aisha Ahman-Pategi     Vasolar Consortium     Ojuekun     Razaq Ayobami Akanbi     A.O. Belgore     Joseph Bamigboye     Toyin Abdullahi     Ita-Ore     Igbomina     Idris Amosa Oladipo Saidu     Opolo Global Innovation Limited     Yakubu Shaaba     Oladipo Akanmu Tolani     Azeez Bello     2023 Elections     Laboratory-to-Product     Oro Grammar School     Hydroelectric Power Producing Areas Development Commission     ITP     Okin Malt     Tanke Flyover Bridge     Arca Santa     Special Agro-Industrial Hub     Mohammed Abduraheem     Afetu Of Alabe     Abdulquowiyu Olododo     Donatus Ejidike     Marufat Oladosu     MAI Akande     SSA Youth Engagement     Ilesha Gwanara Road     Hassanat Bello     Gbenga Olawepo     Abdulkadir Jimoh     Offa Poly     SAPZ Project     Muhammad-Mustapha Suleiman     Valsolar-Kwara Company Limited     Yahaya Seriki     Olam Food Ingredients     Sanusi Abubakar     Gani Saadu     Muhammad Ghali Alaaya     Saba Mamman Daniel     Ilorin Emirate     Rafiu Olasile     Elerinjare     Ghali Alaaya     Aremu Bose Deborah    

Cloud Tag: What's trending

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

Elesie Of Esie     Kwara State Branch Of The National Library     Abdulazeez Arowona     Sherif Sagaya     Just Event Online     Ifelodun     Hameed Oladipupo Ali     Haashim Initiative For Community Advancement     Abdulrazaq Magaji     Aishat Sulu-Gambari     Zaratu Umar     Is\'haq Modibbo Kawu     Idris Amosa Saidu     Saba Mamman Daniel     Sidikat Akaje     Smart School     Coalition Of Kwara North Groups     Abubakar Baba Sulaiman     Mohammed Haruna     Omotoso     Trader Moni     Playing Host     Kwara United     Raji AbdulRasaq     JAAC     Olabode Towoju     Simeon Sayomi     AbdulKareem Yusuf Danhawa     Umar Saro     Lithium Deposit     Ibrahim Gambari     Memunat Monsuma     Mashood Dauda     Awili Pedro     Oro Grammar School Old Students Association     High Court     Abdulkarim Adisa     Otunba Taiwo Joseph     KFA     Tayo Alao     Ojo Fadumila     Adaramaja     Oko Erin     Tsado Manman     Babatunde Ishola Babaita     Kaosarah Adeyi     Hamidat Sulyman-Yusuf     Isaac Gbenle     Ibrahim Mohammed     Olatunde Jare     Federal Neuro-Psychiatric Hospital     Fatai Adeniyi Garba     Toyin Sanusi     Kwara South     Kwara Pdp     Olupako     Jumoke Monsura Gafar     Emir Of Ilorin     LEAH Charity Foundation     Ileloke     Suleiman Abubakar     CLAY POT     Moji Makanjuola     Dauda Adeniran Adeshola     Kamoru Kadiri     Samuel Adedoyin     Fatai Garuba Labaka     College Of Health     Tunji Arosanyin     John Mayokun Dada     Najim Yaasin     Shuaib Boni Aliyu     Abdul-Rasheed Na\'Allah     Ilorin Talaka Parapo     A.G.F Abdulrasaq     GANZY     IF-K