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Ley Your Dreams Come Alive – With FCMB Loans
Home National

Enugu launches loan scheme for entrepreneurs

26th February 2021
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The administration of Governor Ifeanyi Ugwuanyi of Enugu State, through the Small and Medium Enterprises (SMEs) centre has launched a loan scheme for entrepreneurs, known as Enugu SMEs Micro Credit Lending Programme.

According to the Special Adviser to the governor on SMEs Development, Arinze Chilo-Offiah, the programme was created to give entrepreneurs in the state an opportunity to access a maximum loan of N300,000 with nine percent yearly interest (0.75 percent monthly), to grow their various businesses.

Chilo-Offiah, who explained that the loan has a tenor of 12 months, added that applicants will enjoy a one month moratorium.

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Disclosing that ‘terms and conditions apply’, the special adviser asked interested candidates to visit: www.enugusme.en.gov.ng/microloans or come to the Enugu SMEs Center- No. 2a, Market Garden Avenue opposite SMEs Roundabout along Ebeano Tunnel, GRA Enugu State to apply.

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The Enugu SMEs Centre has been in the vanguard of promoting and assisting entrepreneurs in the state to actualise their dreams of creating jobs and becoming self-reliant, through innovations and dedication.

 

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