Tuesday, July 9, 2024, will see the introduction of a soft loan initiative by Ekiti State Governor Mr. Biodun Oyebanji, which is intended to support the state’s female entrepreneurs.
The initiative was disclosed by the local brand news, which is a partnership between the State Government and Access Bank Plc., will give women-led businesses opportunities to access working capital through low-interest rate loans, according to a statement made available to newsmen in Ado Ekiti by the State Commissioner for Trade, Industries, Investment, and Cooperatives, Mrs. Omotayo Adeola.
Mrs. Adeola expressed confidence that the initiative would have a substantial impact on the economic position of the people and the State in general, stressing that the initiative aims to bridge financial gaps by supporting the business objectives of women-led enterprises and entrepreneurs.
Continuing, Mrs Adeola reiterated the Oyebanji administration’s commitment to the growth of Micro, Small, and Medium Scale Enterprises (MSMEs) to stimulate economic activity in the State.
She also mentioned that on Monday, 8 July, a “road walk” through the Ado Ekiti metropolis will be conducted under the direction of the Deputy Governor, Mrs. Monisade Afuye, to raise awareness among market women, business owners, and other stakeholders of the advantages of the programme.
She however, gave notice to all invited visitors that the official launch would take place on Tuesday, July 9, 2024, at 10:00 a.m. at the Lady Jibowu Hall, Governor’s Office, Ado-Ekiti.
