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.

Adesoye     Oju Ekun Sarumi     Simon Sayomi     Suleman Abubakar     Prince Sunday Fagbemi     Kunle Akogun     Saudat Abdulbaqi     Mohammed Ajia Ibrahim     Osi     Haleeman Salman     Muhammed Danjuma     Countryside Emerging Leaders Fellowship     Kazeem Adekanye     Sam Okaula     Government Girls’ Day Secondary School Pakata     Michael Nzekwe     Aminat Ahmed     UTME     Rabiu Kwankwaso     Special Agro-Industrial Hub     Akanji     Abubakar Ndakene     A.E. Afolabi     Olokoba Abdullahi Ayinla     KWASAA     Makama     James Ayeni     JSSCE     Akanbi-Oke     Abikan     Musa Aibinu     Oloyede     A.O. Belgore     Memunat Monsuma     Doyin Group     Salman Jawondo     Oniwasi Agbaye     Wahab Issa     Rotimi Atere     Kaosarah Adeyi     Dunmade     Young Progressives Party     Saliu Mustapha     Yusuf AbdulRasheed     Smart School     Www.Kwarareports.com     Lawal Jimoh     Ibrahim Mashood     Taofeek Ibraheem     Afolasade Opeyemi Kemi     Tsaragi-Share     Ahmad Lawan     Saliu Ajia     Oba Abdulrahim     Isiaka Rafiu Mope     Muyideen Ajani Bello     Agbarigidoma     Ayinde Oyepitan     Kale Bayero     Yetunde Balogun     Yeketi     Bilikisu Gambari     HYPPADEC     New Model Police Station     Local Government     ER-KANG     Afonja Descendants Union     Binta Abubakar Mora     Crystal Corner Shops     Ganmo     CT Ayeni     Saliu Oluwole     Kwara North     Rapheal Ashaolu     Atunwa     Forgo Battery Company Limited     IEDPU    

Cloud Tag: What's trending

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

Damilola Yusuf Adelodun     IsDB     Kwara Politics     Saka Adeyemo     Titus Ashaolu     Salau Kabiru Abdullahi     Baruba     Saka Onimago     Elerinjare     Omotoso Musa     Abdulwaheed Musa     Gbajabiamila     Waziri Yakubu Gobir     Mustapha Olanipekun     Umar Ahmed Gunu     Adegoke Bamidele     Malete     John Obuh     Owu Fall     Mohammed Khadijat Kubura     Lola Ashiru     Laboratory-to-Product     Federal Road Maintenance Agency     SAPZ Project     Rafiu Ajakaye     Ibrahim Orire     Saad Omo Iya     Isiaka Abdulrazak     General Tunde Idiagbon International Airport     Doyin Group     Makama Of Ilorin     Saheed Alakoso     Ahman Patigi     Veterinary Teaching Hospital     Kwara Coalition Of Business And Professional Associations     Afonja Descendants Union     Ilorin East     Ishola Balogun Fulani     Amule     Assayomo     Susan Modupe Oluwole     Laduba     Dele Momodu     Abubakar Bature Sulu-Gambari     Rebecca Olanrewaju     Muslim Cementary     Hussein Olokooba     University Road     Mohammed Kamaludeen     Amusa Bello     Lawan     SGBN     Kudirat Arinola Lawal     Babata     Olam Food Ingredients     Aremu Bose Deborah     Bashir Adigun     Tunde Yusuf     Adam Abdullahi Al-Ilory     Adedayo Yusuf Abdulkareem     Mashood Dauda     Amos Sayo     Olajumoke Monsura Gafar     Sango-UITH Road     Afolayan     Arandun     Okin Biscuits     Ayotunde Emmanuel Alao     Rebecca Bake     Abiodun Jacob Ajiboye     Abiodun Musa Aibinu     Oyawoye     James Kolo     Sadiq Buhari     Baruten     Rotimi Oyedepo     Alloy Chukwuemeka