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.

Nigerian Medical Association     Government High School (GHS), Adeta     Gwanara     Adegoke Bamidele     Shuaibu Yaman Abdullahi     Ilorin General Hospital     Saka Asiat Ayinke     Plat Technologies     Toyin Saraki     Baba Isale     Dapo Teni Nig Enterprise     Special Agro-Industrial Hub     AbdulQowiy Olododo     Ramat Oganija     Kehinde Boyede     Bisi Kristien     V.O. Abioye     Sam Okaula     Oba Of Jebba     20 Billion Bond     Medview Airlines     Omu Aran     MATTA Girls Foundation     Muyiwa Oladipo Kanu     Kwara 2015     Bolaji Abdullahi     Abdulkarim Adisa     Senate     Kayode Yusuf     Lola Ashiru     Bank Of Industry     Mustapha Akanbi     Razaq Ayobami Akanbi     Sa\'adatu Modibbo-Kawu     General Hospital, Ilorin     Ilorin Central Mosque     Lateef Ademola Olatunji     Kwara State Sports Commission     Smart School     Oni Adebayo     Aliyu Sabi     Tunde Akanbi     Lanre Badmas     JMK Construction Company Limited     Kamaldeen Ajibade     LAK Jimoh     Abdulsalam Firdaous Amosa     Ishaq Salman     Ilorin Airport     Makama     Yusuf Aiyedun     Yahaya Dumoye     Abikan     Omoniyi     George Funsho Adebayo     Sobi FM     SAPZ Project     Nigerian Correctional Service     Musa Ayinla Yeketi     Nigeria Foundation For Artificial Intelligence     Abdullahi Saadudeen Alikinla     Iyiola Oyedepo     Jeunkunu-Malete-Bani     Abdul Jimoh Mohammed     Ahmad Belgore     Kolade Solagberu     Yomi Adeboye     Yusuf Abdulraheem     Pakata Development Association     Elelu     Abubakar Abdulraheem     Galadima     Oke-Oyi     Kunle Okeowo     Overland     Musa Abdullahi     Babatunde Ajeigbe    

Cloud Tag: What's trending

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

Code Of Conduct Bureau     Jamiu Oyawoye     Abubakar Bature Sulu-Gambari     Sobi Hill     Sarafadeen Kayode Akorede     Ilorin Muslim Community     Ibrahim Jawondo     Aliyu Salihu     ASUU     Egbejila     Kwara State Branch Of The National Library     Yusuf Zulu-Gambari     Gbenga Awoyale     JUSUN     Adamu Jemilat-Baki     Ado Bayero     Lawan     Ahmed \'Lateef     Emir Of Kano     Abdulrazaq Akorede     Roheemat Hammed     Bola Olukoju     Femi Oladiji     Abdulrasheed Akogun     Ojuekun Sarumi     KWTV     Musa Aibinu     Afeyin-Olukuta     Ilorin Airport     TETFUND     Ilorin Metro Park     Mike Omotosho     Nigeria Governors\' Forum     Razaq Ayobami Akanbi     Kayode Bankole     Police Commissioner     Peter Obi     ER-KANG Mining     Amuda Bembe     Christopher Ayeni     Oko Erin     UNILORIN Alumni     Binta Abubakar-Mora     Salihu S. Yaru     Abdulfatai Ahmed     Oja-Oba     Coronavirus     Idris Garba     Olaosebikan     Aishatu Ahmed Gobir     Saadatu Modibbo-Kawu     Face Masks     Aminu Ado Bayero     Gbenga Olawepo     Abdulkadir Bolakale Sakariyah     Demola Banu     Olatunji Bamgbola     Tanke Road     Ballah     Femi Ogunsola     Abubakar B.M     Bolakale Ayo     IYA ALFA NLA     LABTOP     AbdulQowiy Olododo     Baba Idris     Olaitan Buraimoh     Olaoye B. Felix     IHS Towers     Ajibola Ademola Julius     Sebastine Obasi     Mumini Ishola Hanafi     Odolaye Aremu     Gbugbu International Market     Bayer AG     Ayinke Saka     Abubakar Atiku