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.

Oke-Ero     Okedare     Abdulrasheed Na\'Allah     Rafiu Olasile     Oasis Muslim Care Foundation     Durosinlohun Kawu     Sabi     Olawuyi     Ilorin West/Asa Federal Constituency     Olatinwo     Kwara State Polytechnic     Lai Gobir     Oke-Odo     KWTV     Iyaloja-General     Otuka     Oniwa     Women For Change And Development Initiative     Chief Imam Of Offa     Abdulfatah Ahmed     Amosa     Harafat E. Mukadam     Quareeb Islamic Association     Timothy Olatunde Fadipe     Oro Grammar School Old Students Association     Javed Khan     Bello John Olanrewaju     Lanre Jimoh     Binta Sulyman     Kumbi Titilope     Igosun     Isa Aremu     International Aviation College     Abdulkadir Orire     Ilorin.Info     Bamidele Adegoke     Malete     Kunle Akogun     Odogun Olushola Gabriel     Ilorin Emirate Staff Association     Muideen Olaniyi Alalade     Maja     Kwha.gov.ng     Yomi Adeboye     Universal Basic Education Commission     Ajayi Okasanmi     Mufutau Olatinwo     Bayo Ojo     Isiaka Alikinla     Labaeka     Ibrahim Abikan     Economic And Financial Crimes Commission     Raliat Islamic Foundation     Bashirat Bola Bello     Ridwan Agboola     Seed Technologies     AbdulRauf Keji     Esinrogunjo     Owode Market     Khadijat Ayoola Yusuf     Belgore     Yakubu Mohammed Abdullahi     John Olajide Adedipe     Ahmed Shuaib Buranga     Congress For National Consensus     Aasiyat Bello Oyedepo     Toyin Saraki     Ilorin General Hospital     Olufolake Abdulrazaq     Yemi Osinbajo     CACOVID     Yakubu Danladi     Abdulhakeem Adelaja Amao     Temi Kolawole     Oko Erin     Woro     Hameed Oladipupo Ali    

Cloud Tag: What's trending

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

Oniyangi     Moremi High School     Mutawali     Galland Marcias     07039448763     Oluwatoyin Lukman     UTME     John Obuh     Basit Olatunji     AGM Professional Services     IYA ALFA NLA     Simon Sayomi     Ghali Muhammed     Baruba     Saliu Ajia     Jelili Yusuf     Stephen Fasakin     Sanusi Abubakar     2017 Budget     Hassanat Bello     Abdulwasiu Bolaji Adeyi     Onilorin Of Ilorin     Academic Staff Union Of Universities     Mansurat Amuda-Kannike     Olayinka Oladapo Jogunola     Asa     Post Utme     MalHub     AbdulQowiy Olododo     Taofik Mustapha     Ophthalmological Society Of Nigeria     Arca Santa     Malete     Olayinka Are     Gbemisola Saraki     New Nigeria People’s Party     Sarakite     Ilesha-Baruba-Gwanara     Shettima     Adesoye     Opaleke Bukola Iyabo     Iliasu     Ojo Fadumila     Kwara South     Abegunde Goke     Wahab Issa     Oke-Odo     Lanre Issa-Onilu     AbdulGaniyu Kareem     Tope Daramola     Umar Yakubu Jaja     Alimi Abdulrazaq     Adisa Logun     Medview Airlines     Mufutau Olatinwo     Oladimeji Thompson     Mahee Abdulkadir     Emmanuel Olatunji Adesoye     Ogidi-Oloje     AbdulHamid Adi     Alapado     Kwara Apc     Amuda Aluko     Mohammed Haruna     Abdulrosheed Okiki     Jamiu Oyawoye     Soffiyyallah Kamaldeen     Roseline Oni Aremu     Kwara     John Olobayo     Kassim Babamale     Monthly Sanitation Exercise     Teachers Specific Allowance     Innocent Okoye     MINILS     Amusement Park     Abubakar Ndakene