Categories: Business Update

Microfinance Bank Launches 220 CBN Easy Access Fund In Jos

Yakubu Busari

A Progressive Multi-purpose cooperative Ltd affiliated to Royal life key and micro-finance bank Ltd has launched N220b easy access fund for disbursement to low income group in Plateau state.

The National Coordinator and the consultant to Royal life key and micro-finance bank Ltd, Bar . Ifediora Chris Adingwu, Esq., Director Admin & Finance, Kajaura Int’l Consultants used the occasion to explain and assured that there is partnership between Central Bank and Kajaura in the area of easy access to fund.

Adingwu promised the people of Plateau state that the forms is now available for first come first serve and to those who are interest In joining the scheme to do so because of limited numbers of forms .

According to him, the disbursement will soon commence and we are calling on interested party to visit British American Junction to obtain and complete the forms to access N220bn central Bank easy credit to all eligible Nigerians.

The private cooperatives societies and business management organizations have earlier raised alarm that the state branch of Central Bank refused that it has no any business with Kajaura Int’l Consults .

The Director Kajaura Int’l. Consults affirmed that they are registered body with the central bank in Abuja and that the documents indicated the period of their registration so we are appealing those who are entertaining fear to seek more clarification with the branch office rather that resorting to cheap blackmail.

He stressed the need for day to day savings and easy access to credit, assures of availability of cash and door to door banking to all customers.

Adingwu disclosed that, the stock financing loan of non collateral loan ,low interest rate finance advice those who have low rate of interest for subsequent loans and micro ,small and medium enterprises development fund (MSMEDF) for average citizens to benefit from this gesture.

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