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info@deltastatejobcreation.ng

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Microcredit Training Plan

Mar 31 2016

 

 

 

This intervention involves extending microcredit and agricultural loans to artisans’ groups, women organisations, market unions and agricultural cooperatives for on-lending to individual members or for the acquisition of common production facilities/equipment.

Loanable funds can be mobilised from existing financing windows including the CBN’s Micro, Small and Medium Enterprises Development Fund (MSMEDF), Nigerian Incentive-based Risk Sharing Agricultural Lending Scheme (NIRSAL) and Real Sector Support Facility (RSSF).

Objectives:

Microcredit and agricultural loan schemes are designed to facilitate the supply of loans to artisans, farmers, traders, etc. to expand their enterprises and create jobs.

Programme Design:

The operational elements of the scheme are as follows:

i.   Affordable loan conditions with liberal repayment terms

ii.   Group-based loans; and

iii.  Monitoring.

 

Participants/Beneficiaries

 The participants will be group-defined as follows:

i.      Artisans’ associations (300 persons);

ii.      Market unions (inclusive of women-only unions) 300 persons; and

iii.     Multipurpose cooperative societies (inclusive of women-only cooperatives) - 900 persons.

It is hereby announced for the information of the general public particularly Youths of Delta State Origin, that the Office of the State Chief Job Creation Officer, has opened a register of unemployed graduates in the State.     Click to Register!    Ok Got It!