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Rotary Onigbongbo empowers 20 – The Nation Nigeria

Rotary Onigbongbo empowers 20 – The Nation Nigeria

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Rotary Onigbongbo empowers 20 – The Nation Nigeria

Rotary Onigbongbo empowers 20 – The Nation Nigeria

Our Reporter

 

TWENTY members of the Onigbongbo group in Lagos have benefited from the micro-credit empowerment scheme of the Rotary Membership of Onigbongbo.

Every beneficiary acquired N50,000. They included Mrs Opeyemi Sadiq-Oseni, Lawal Sakirat, Adeboyega Adeola, Alimi Ronke, Muritala Akeem, and Afini Rasaq Olarenwaju.

Its President, Olajide Ajayi, stated the membership launched into the undertaking in partnership with Petrocam Companies and YCT Microfinance Financial institution Restricted, to spice up the expansion of small and medium scale enterprises (SMEs) within the space. He stated the fund was interest-free. He famous that some SMEs discovered it troublesome to entry funds from banks and that with their intervention, the beneficiaries would have money to fund their companies.

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Thanking the sponsors for his or her help, he urged the beneficiaries to make use of the cash correctly to allow them pay again. He warned that it was not a palliative from the membership or the federal government however a mortgage. He stated the compensation would encourage the membership to proceed the scheme.

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Rotary Worldwide District 9110 Governor consultant Assistant Governor  Adeyemi Adedoyin additionally suggested the beneficiaries on compensation, including: “To whom a lot is given a lot is anticipated.’’

The Regent of Onigbongbo group, Alhaji Tajudeen Ajao Irawo, lauded the affect of the membership’s initiatives and programmes within the space. He additionally requested the beneficiaries to justify the arrogance reposed in them by repaying promptly.

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Rotary Onigbongbo empowers 20 – The Nation Nigeria

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