AKPOTI UNVEILS BUSINESS START-UP FUND FOR 5000 KOGI WOMEN AND YOUTH
A former Governorship aspirant, Natasha Akpoti, has inaugurated a scheme of a business start-up fund for 5000 Kogi women and youths. Speaking at the inauguration, Akpoti said the first phase of the soft loan scheme with zero interest rate was meant for women across the 21 local government areas of the state who are mainly petty traders.
She stated that the N20, 000 zero-interest loan scheme is payable within five months which will guarantee the beneficiaries to apply for a higher amount and also pave way for other people to benefit from the scheme.
Akpoti further explained that the programme was to create a financial lending platform where the people at the grassroots would have access to borrow money to start or boost their businesses without the burden of loan.
According to her, she put the scheme in place because of the agonies of the people at the grassroots on the challenges posed by many loan schemes with high-interest rates that the women could not bear.
