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.

Kwara NIPR     Salman Suleiman     Ope Saraki     Alabi Lawal     Geri-Alimi Split Diamond Interchange     Ganmo Electricity Sub-Station     Lawal Olohungbebe     Salihu Yahaya     Kwara Apc     Wole Oke     Sa\'adu Gambari     Adewuyi Funmilayo     Tafida Of Ilorin     Osi     Ogidi-Oloje     Ike Ekweremadu     JAMB     Bisi Kristien     Alaaya     Ilesha-Baruba     Tsaragi     Abdullahi Samari     High Court     Kemi Adeosun     AbdulRasaq Abdulmajeed Alaro     Oniwasi Agbaye     Omu Aran     Jelili Yusuf     Yusuf Ali     Kunbi Titiloye     Ado Bayero     Federal Allocation     Tunde Akanbi     Oja-Oba     Women For Change And Development Initiative     Kwha.gov.ng     Yahaya Muhammad     Sulaiman Gado     NIPR     3MTT     Rebecca Bake     Yeketi     Forgo Battery Company Limited     Abdulrahman Abdullahi Kayode     SWAN     Esinrogunjo     Abdulrahman Onikijipa     HAMFAT Clinic And Maternity     Isiaka Yusuf     Taofeek Sanusi     IsDB     Kayode Laro     Alumni Association Of The Federal Polytechnic Offa     Muhammad-Mustapha Suleiman     Afeyin-Olukuta     Erin-ile     Jimoh Bashir     Belgore     Oniyangi Kunle Sulaiman     RTEAN     Adesoye College     Mutawalle     Busari Alabi Alausa     Igosun     Mufutau Olatinwo     Aishatu Ahmed Gobir     Bature Bello     Alfa Yahaya Road     Ganmo     Prince Sunday Fagbemi     JUSUN     Lola Olabayo     Olota Of Odo-Owa     Abdulmajeed Wahab     Majlis For Sadaqah, Zakat And Waqf     Yinka Aluko     Suleiman Idris    

Cloud Tag: What's trending

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

Vasolar Consultoria     AbdulKareem Yusuf Danhawa     ASMAU PLAZA     HAMFAT Clinic And Maternity     Geri-Alimi Split Diamond Interchange     Saheed Alakoso     Abdulganiy Abimbola Abdussalam     Kazeem Gbolagade     Dunmade     Amusement Park     Ilorin Amusement Park     Col. Adedipe     Elese Of Igbaja     Adolescent Girls Initiative For Learning And Empowerment     Ibrahim Gambari     Apaola     Ilorin     Bayer AG     Kamoru Kadiri     Ophthalmological Society Of Nigeria     Temitope Ogunbanke     Segun Adeniyi     Ashiru     Kamaldeen Ajibade     Hijaab     Saheed Popoola     Abdulkadir Jimoh     Valsolar Consortium     AbdulFatai Adeniyi Dan-Kazeem     Niguel Gallando Marcias     Kola Ologbondiyan     Fatimoh Lawal     Talaka Parapo     Ibikunle Ogunleye     NAWOJ     Alfa Modibbo Belgore     Sobi Hill     Umar Ahmed Gunu     Apata Ajele Secondary School     Kwara State Health Insurance Agency     Abraham Ojo     Amasa     Abdulwaheed Musa     FERMA     Kwara 2023     Maimunat Oloriegbe     KwaraLearn     Ganmo Power Sub-Station     Millennium Development Goals     Abdulfatah Ahmed     Kwara State Polytechnic     Fareedah Dankaka     Tosin Saraki     Abdulrasaq Alaro     Abdulwahab Ololele     Tanke Road     Nigerian Supreme Council For Islamic Affairs     Asa LGEA School     Oyedun Juliana Funke     Eghe Igbinehi     CELF     CACOVID     Tayo Alao     Abdulquawiy Olododo     Lanre Aremu     AbdulRaheem Ahmad Shayi     Saliu Mustapha     Oloyede     Shonga Farm Project     Third Estate     Turaki Of Ilorin     Charles Ibitoye     Oro Grammar School Old Students Association     Emir Of Lafiagi     Erubu     Ibrahim Kayode Adeyemi     Ridhwanullah Al-Ilory