Anambra State Government led by Governor Willie Obiano is processing the disbursement of a total of N1bn as single digit loans to micro-enterprises in the State including the local market men and women.
Chief Clement Chukwuka, the Managing Director/CEO of Anambra Small Business Agency, ASBA, disclosed this while answering a question on Anambra Scorecard, an online live programme held last Wednesday.
According to Chukwuka, "ASBA is currently processing the disbursement of N1bn Micro-credit facility from CBN for artisans, cottage industries and market women. This is for 60% women and 40% men."
Speaking further, Chief Chukwuka explained that "the loan facility covers all agricultural value chain, cottage industries, trade and commerce, services or any other economically viable business that would be accommodated within the limited amount which is N500,000 for an individual and N5m for co-operatives."
"The tenure of the facility is 1 year at 9% interest rate per annum or three-quarter per month," he added
Chief Chukwuka also noted that the required collateral is just a civil servant in level 14 and above or a serving Senior Special Assistant up-to a Commissioner or high net worth individuals or a qualified market stall or shop.
ASBA is a development financial institution established by Gov Obiano to make Anambra State the authentic hub for Micro, Small and Medium Enterprises in Nigeria by fraternizing with local, national and international financial institutions to provide single digit loans, necessary advice and capacity building for the empowerment and development of ndi Anambra.

Source http://www.viviangist.com/obiano-of-anambra-shares-%e2%82%a61-billion-naira-to-market-men-and-women

Cc; lalasticlala

And some states are owning salaries...this state is sharing

Willie is working. Truly the best performing governor in SE,SS & SW

Nice response to this week's protest over high taxation. Well played. Who's working?

Which kind misleading topic be this? I think say dem enter market begin share money free of charge. See how I nearly book bus ticket to Anambra

Ipob money!

This man is actually the only governor putting brains and effort to make life better.
Every other governor just depend on loans from world bank and FG.

Anambra can never be broke under a prudent leader like Obiano.
only the economic activities in Onitsha can run that state.

Cc; lalasticlala

Good news. But the topic is misleading sha. The fund will be sourced from central bank so its no big deal actually. You otimpkus online should stop overhyping this governor abeg.
# proudanambraboy

tuzeriouz:
Willie is working. Truly the best performing governor in SE,SS & SW

True, but kindly remove SW, we are not one with them. They are traitors!

Igbiboi:



True, but kindly remove SW, we are not one with them. They are traitors!

senseless opinion