The Kaduna State Government has so far disbursed more than N600 million to women entrepreneurs through the Women’s Support Fund launched in 2018.
The Commissioner for Works and Community Development, Hafsat Baba, made this known in an interview with the National News Agency, NAN, on Thursday in Kaduna.
Baba said the grant was given to women entrepreneurs across the state as a simple loan.
She said the fund was set up to boost small and medium enterprises and reduce racism problems in businesses.
“Also, to support entrepreneurship and economic development for women, those who are already involved in entrepreneurship and can use them to increase their capital,” she said.
The commissioner said co-operatives and women’s groups in rural and urban areas could get loans ranging from N5,000 to N10 million, “to get the required funds you have to go through the bank for honesty and trustworthiness.
According to Mrs. Baba, most of the beneficiaries of the subsidy paid their debts.
The commissioner said the government was monitoring the beneficiaries of the program and how they were conducting their activities to ensure adequate success stories and lessons learned.
According to her, the 2022 loan is being continued.
Source: Daily Nigerian