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.

Isiaka Saka Opobiyi     Alaiye     Arca Santa     Isiaka Abdulrazak     FOMWAN     Michael Nzwekwe     Saba Mamman Daniel     Kwara State Television (KWTV)     Musbau A. Akanji     Ilorin Talaka Parapo     Undergraduate Bursary     Niyi Ogundiran     Oyedun Juliana Funke     Police Commissioner     Sa\'adu Gambari     Yemi Sanni     Toyosi Thomas     IYA YUSUF     Musa Alhassan Buge     Alfa Belgore     Tunji Folami     07039448763     Forgo Battery Company Limited     Lithium     Coronavirus     UNILORIN Alumni     Share/Tsaragi     Oba David Oyerinola Adedunmoye     International Vocational Centre     Talaka Parapo     Harafat E. Mukadam     Olatunde Olukoya     Saliu Alamoyo     Akanbi-Oke     Ishaq Salman     Abdulkareem Alabi     Ganmo Electricity Sub-Station     Aso Ofi     Adamu B. Yaqubu     Oluronke Adeyemi     CKNG     Tayo Alao     Okanlawon Musa     Sai Kayi     Ilesha-Gwanara     Abdulrahman Onikijipa     Samuel Elizabeth Keatswa     Geri-Alimi Split Diamond Interchange     Garba Ado Sanni     Tunji Oyawoye     Sardauna Of Ilorin     Abdulkadir Jimoh     Democracy Day     Kunbi Titiloye     Amule Elementary School     Igbaja     Kuliyan Geri     Ayodele Shittu     LEAH Charity Foundation     Agor Market     Photo News     Oloruntoyosi Thomas     Mustapha AbdulGaniyu     Abdullahi Atanda     Lanwa     Shonga     Olaitan Adefila     Solomon Edoja     Ayinke Saka     Jalala     Apaokagi     Sabi     Ola Falade     Lawal Arinola Kudirat     Funmilayo Oniwa     JMK Construction Company Limited     Ahmad Ali    

Cloud Tag: What's trending

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

Oba Abdulrahim     Tescom.kwarastate.gov.ng     James Kolo     Sobi Specialist Hospital     Hakeem Lawal     Shade Omoniyi     JAAC     Labaeka     Raimi Iyanda     Razak Atunwa     Aiyedun     Emir Of Yashikira     Asa     Olayinka Oladapo Jogunola     Sunset Workers     Pilgrims Board     Pategi     Hamid Bobboyi     Isau     Ishak Mohammed Sabi     Abdulfatai Baakini     Shagari     Muhammed Akanbi     Omar Bolaji Gambari     TIIDELab     Toun Okewale-Sonaiya     Code Of Conduct     Undergraduate Bursary     Saka Asiat Ayinke     Adanla-Irese     Christian Association Of Nigeria     Oniwa     Garba Dogo     Bola Ahmed Tinubu     Ahmad Fatima Bisola     Soffiyyallah Kamaldeen     Code Of Conduct Bureau     Amusement Park     NITDA     Abdulkadri Ahmad Alaiye     Hijaab     IF-K     Elekoyangan     Abiodun Abdulkareem     Okanlawon Musa     Joseph Alex Offorjama     Bayo Ajia     Igbaja     Osi     Elerin Of Erin-Ile     Farouk Salim     Forgo Battery Company Limited     Abdulrahman Abdulrasak     Lawal Arinola Kudirat     Funmilayo Isiaka Oniwa     Abubakar Bature Sulu-Gambari     Abdulrauf Aliyu     Abdulrasheed Lafia     Zulu Gambari     Col. Taiwo     Ramadan     Ayo Adeyemi     Saka Aleshinloye     Olusin Of Ijara Isin     Oke-Oyi     Adegoke Bamidele     Nigeria Foundation For Artificial Intelligence     Yomi Adeboye     Razaq Ayobami Akanbi     Alabere     Ahmad Olanrewaju Belgore     Abdullahi AbdulMajeed     Sobi     Ahmed Shuaib Buranga     Olaiya Victor Mobolaji     Atunwa     All Peoples Party