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micro credits scheme

MICRO CREDITS

Micro Credits News

In view of boosting our local economy and creating wealth for our rural dwellers, EGCDF has made concerted efforts to revamp the micro-credit scheme that has been stalled for some time with the engagement of the micro-credit committee to handle the recovery of funds disbursed to community members, especially as all efforts to engage the micro-finance bank officials in the recovery process did not yield desired result.

 

In Gbaramatu axis, five cooperative groups benefited from the Seven Million Naira (N7,000,000.00) only from the purse of the scheme with recovery process ongoing, while the committee is at the verge of disbursing similar amount to potential beneficiaries in the Egbema axis. We therefore implore prospective beneficiaries to be dedicated to the refund as the successful repayment of the current disbursement will determine further funding of the scheme.

MICRO CREDITS SCHEME
MICRO CREDITS SCHEME
MICRO CREDITS SCHEME