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.

Emir Of Lafiagi     Alaiye     Ibrahim Taiwo     Otuka     Ilorin Muslim Community     Yoruba     NITDA     Isapa     Arca Santa     Amina El-Imam     Ilorin West/Asa Federal Constituency     Joana Nnazua Kolo     Taofeek Sanusi     Sodiya     Garba Dogo     Ayegbeni     Shuaib Jawondo     Olomu     EndSARS     Mamatu Abdullahi     Oyedepo     Onilupeju Of Ilupeju     Ubandoma     Najim Yaasin     Sobi     Yahaya Jibril Usman     First Lady     Ajuloopin     Shuaibu Yaman Abdullahi     BECE     Samari     Olupako Of Share     Musbau A. Akanji     Marufat Oladosu     Muritala Olarewaju     Abdulrazaq Sanni     Read With Me     Bashiru Makama     Kassim Babamale     Bola Sagaya     ASUU     Yakubu Mohammed Abdullahi     Emir Of Kano     Funmilayo Mohammed     Adamu Jemilat-Baki     Muhammed Akanbi     Olatomiwa Williams     CELF     Abdullahi Atanda     Baakini     Park     Ariyo     Ilorin Curfew     Fulani     Ishaq Abdulkarim     Ahmed Bayero     Oyin-Zubair     Alloy Chukwuemeka     N-Power     Bamikole Omishore     Ahman Pategi University     Mustapha Akanbi     Olokoba     Shehu Alimi Foundation For Peace And Development     Illyasu Abdullahi     Abdulrazaq Adebayo     Oluranti Idowu     Ijagbo     JMK Construction Company Limited     Ahmed Alhasssan     College Of Health     Saadu Alanamu     Ahmad Belgore     Olatunji Ibrahim     Gafaru Olayiwola Olorisade     CACOVID Palliatives     Sango-UITH Road    

Cloud Tag: What's trending

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

Abdulrahman Iliasu     LEAH Charity Foundation     Idowu Laro     Laolu Saraki     Bello Taoheed Abubakar     Lawal Olohungbebe     Pius Abioje     Kayode Oyin Zubair     Olatunde Olukoya     Okin Biscuit     KWATMA     AbdulGafar Tosho     Ahmed     Sanitation Exercise     Centre For Peace And Strategic Studies     Opolo Global Innovation Limited     Olateju Lukman     Abdulfatai Ahmed     Ilofa     KwaraLearn     Oyin-Zubair     Abubakar Baba Sulaiman     Yakubu Gobir     Irepodun     Ganiyu Taofiq     Yusuf Amuda Aluko     Read With Me     Kola Olota     Oasis Muslim Care Foundation     Abdulraheem Yusuf     NITDA     Kwara State Sports Commission     Iliasu     Abubakar Suleiman     Ike Ekweremadu     Ballah     Salihu Ajia     Lawal Arinola Kudirat     Mohammed Katsina Ahmed     Saliu Ajibola Ajia     Saad Omo Iya     Abdullahi Dasilva Yussuf     Abdulrazaq Sanni     Shehu Salau     Adijat Adebiyi     All Peoples Party     Quran     Yaman     Idowu Aremu     Marafan Shonga     Fatima Abolore Jimoh     Adanla-Irese     Adolescent Girls Initiative For Learning And Empowerment     Kupchi Hosea Maxwell     Abatemi-Usman     Atunwa     Tescom.kwarastate.gov.ng     Mary Kemi Adeosun     Folajimi Aleshinloye     Usman Alkali Baba     Simeon Sayomi     Kwara Consultative Forum     Fulani     Isin     Ashiru     Bola Olukoju     Mohammed Halidu     Salihu Ajibola Ajia     The Herald     NYSC     Kwara State Infrastructure Development Fund     Sa\'ad Alanamu     Mamatu Abdullahi     Ilorin Water Reticulation     Adeniyi Ojo     Abdulganiyu Salahudeen     Folorunsho Alao