Women in Ondo East and West Federal Constituency trooped out in their numbers to register for a federal loan scheme for market women and traders facilitated by former member of the House of Representatives, Hon. Joseph Iranola Akinlaja to help cushion the effect of the COVID-19 pandemic on small businesses
While addressing the women during the registration process, Hon. Akinlaja described Micro, Small and Medium Enterprises (MSME’s) as the major driver of the economy and a vehicle for economic growth and development of families and communities.
In his words “supporting SMSEs is the best way to support families, improve the living conditions of people at the grassroots, lift many out of poverty and hunger which is a genuine way to achieving the Sustainable Development Goals (SDGs) of the United Nations”
Not fewer than 400 women across Ondo East and West Local Governments are to empowered through the new “Federal Government Market Women and Artisans Loan Empowerment Scheme”
The beneficiaries are to receive a no-interest loan of #150,000. They will qualify for more loans if they pay back within the stipulated time.
Beneficiaries were full of praises and expressed their gratitude to Hon. Akinlaja for his consistent efforts and activities aimed at improving the lives of his people irrespective of party, religious or ethnic affiliations even when he is no longer in office as the member representing the constituency