Apalara of the ODSG, a blessing to us - Beneficiaries

Beneficiaries of Apalara Micro Credit Scheme of the Ondo State Government under the Arakunrin Rotimi Akeredolu led administration have described the scheme as a blessing to them

The scheme has boost their businesses and has improved their economy tremendiously.

The Chairman of Ready Made Association in Oba-Ile, Akure North Local Government area of the state, Mrs Adefunke Oluyemisi Fade said her association members are now capable of stocking their shops with varieties of goods to meet their customers' demand.

According to her, the loan which is at a single digit interest rate is making repayment easy

Her words;” repayment is now stress free unlike other loans obtained from bank, SEAP and Lapo considering the high interest rate and the payment module”

While calling on beneficiaries to ensure prompt payment so that others could also benefit, Fade urged prospective beneficiaries to follow the rules guiding the scheme so that they can benefit .

Another beneficiary, Mr Jacob Ajayi Orimolade said the scheme has added value to his business because he has been able to acquire the needed equipment to improve production.

Orimolade who is into fishery production. pleaded with government to further reduce the interest rate on the loan saying that any loan or incentive for agriculture should not be higher than five percent.

However, the President of Union of Tippers and Quary of Nigeria, Mr Joseph Akinyamolenu noted that government should include more traders as his organisation is yet to benefit.

While appreciating government for establishing Apalara, he declared that government's impact is being felt butasked formore.

The Chairman of Mrs Bamidele Arugbo, applauded with government on the gesturethat traders should be enlightened more on how to assess the facility.