Wase Microfinance Bank Gives N4m Loans to Women
August 26, 2008 by Bunmi Awolusi
In other to improve the petty businesses of the women of Wase in Plateau state, Wase Microfinance Bank has disbursed a loan of N4 million to over 65 women groups in the state.
Alhaji Ali Sa’eed, chairman of the bank said the beneficiaries of the loan where mobilised through the local government council, village districts and ward heads in order to enable them expand their businesses.
Alhaji Sa’eed said the loans ranged from N5000 and it attracts 9% interest. He also called on the state government to build skills acquisition centres in the area.
In appreciation to the bank’s gesture, Dr Aruna Abdullahi, Emir of Wase, thanked the bank for the opportunity and called on other microfinance banks to emulate Wase Microfinance bank.
He also urged the beneficiaries of the loan to utilise the loans given to them properly.
