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.

Oba Abdulrahim     Kwabes     Solomon Edojah     Isiaka AbdulRazaq     Bello Abubakar     Ibrahim Abiodun     Eleja Taiwo Banu     Florence Saraki     Noah Yusuf     Shonga     Rafiu Olasile     MMWG     Afolasade Opeyemi Kemi     Frootify     Buhari     Kwara Basketball Association     Babatunde Ishola Babaita     Pius Abioje     Arandun     Ridwan Agboola     Oko     Abiodun Abdulkareem     PharmAccess Foundation     Saka Asiat Ayinke     Oyedun Juliana Funke     Gobirawa     Oba Of Jebba     Osinbajo     Abdulhakeem Amao     Abubakar Ndakene     Bolakale Ayo     Abdullahi AbdulMajeed     Oluwarotimi Boluwatife Adenike     Busari Toyin Isiaka     Kwara Apc     Logun     Imam Gambari     Isapa     Lawal Arinola Kudirat     Oluwole Dupe     Aisha Gobir     Kwara State Polytechnic     Kayode Ogunlowo     Isiaka Abdulrazak     Al-Adaby     Quranic Recitation Competition     Fareedah Dankaka     Moses Adekanye     Aminat Ahmed     Issa Manzuma     Ahmad Lawan     Kishira     Wahab Issa     Issa Oloruntogun     Idofin     Centre For Peace And Strategic Studies     Read With Me     Reuben Paraje     Kamaldeen Gambari     Mahe Abdulkadir     Haruna Olawale Sulaiman     Yahaya Jibril Usman     College Of Arabic And Islamic Legal Studies     ITEM 7     Isiaka Danmeromu     BECE     Toyosi Thomas     Mufutau Gbadamosi Esuwoye     Aliyu Muyideen     Sa\'adu Salahu     Oyin-Zubair     Curfew     Is\'haq Modibbo Kawu     Saad Omo Iya     Oju Ekun Sarumi     Fulani     Ishaq Salman    

Cloud Tag: What's trending

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

Kwara United     Mohammed Abduraheem     Okanlawon Musa     Ella Supreme Tissue Paper     Oyelere Oyinloye     Sidikat Akaje     Abubakar Baba     Oke-Ogun     Siraj Oyewale     Ilorin Metro Park     Olatunde Olukoya     Durbar Festival     Afeyin-Olukuta     Oke-Odo     Siddiq Adebayo Idowu Salawu     Aliyu Salihu     Monthly Sanitation Exercise     Lotus Bank     Bello John Olanrewaju     Abdulfatai Baakini     Yusuf Ali     Victor Gbenga Yusuf     Busari Alabi Alausa     Aminat Ahmed     Sadiq Umar     GRA     Olayinka Jelili Yusuf     Sobi     Balogun Ajikobi     Tunji Moronfoye     Mahmud Ajeigbe     Paul Olawoore     Oloruntoyosi Thomas     Peter Amogbonjaye     Isiaka AbdulRazaq     Tope Daramola     Local Government     Suleiman Mora Omar     Rueben Parejo     Jumoke Monsura Gafar     Ado Ibrahim     Aishat Mohammed Lawal     Abdulmajeed Wahab     Madawaki     Ishak Mohammed Sabi     Osuwa     Issa Memunat Moyosore     Ishola Moses Abiodun     Biliaminu Aliu     Okasanmi Ajayi     IDPU     Kumbi Titiloye     Allocation     AbdulKareem Yusuf Danhawa     International Public Sector Accounting Standards     Kwara Consultative Forum     Abdulwahab Olarewaju Issa     Lola Olabayo     NNPP     Ilorin Like-Minds     Balogin Alanamu     George Funsho Adebayo     Maimunat Oniyangi     Ajia-Bako     Ilorin Likeminds Foundation     Oasis Muslim Care Foundation     Zulkifli Ibraheem     AbdulQowiy Olododo     Igosun     Odo-Owa     Owo Arugbo     AbdulGafar Tosho     Adeleke Ogungbe     Yahya Mohammed     KWASSIP     Oro Grammar School Old Students Association     Oba Abu