Anambra govt initiates low-interest loan to support MSMEs

The Anambra Government says it has initiated low-interest loans to support Micro, Small and Medium Enterprises (MSMEs) in the state.

The State Commissioner for Industry, Trade and Investment, Christian Udechukwu, disclosed this while declaring open, a one-day Anambra Small Business Summit with the theme: “Enhancing the Growth of Small Business for Job and Wealth Creation, held at King David Hotel Awka over the weekend.

He said the initiative was in line with the present administration of Governor  Charles Soludo’s vision of making Anambra a prosperous homeland in Nigeria.

Udechukwu, who did not disclose the interest rates, however, said the mandate of the ministry was to enhance businesses for jobs and wealth creation.

According to him, in the ministry under my watch, we have funds that we have made available to micro, small, medium and large enterprises.

“For micro businesses, you can apply from zero to NN10 million. It is funded by the Anambra State government and the…

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Anambra govt initiates low-interest loan to support MSMEs

 

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