From Chuma Austin,
Enugu
To reduce the high rate of unemployment in Enugu State, the State Small and Medium Enterprises (SMEs) Center has launched a loan scheme for entrepreneurs in the state.
The loan is known as “Enugu SMEs Micro Credit Lending Programme”.
Making this known to reporters in Enugu on Tuesday, the Special Adviser to Governor Ifeanyi Ugwuanyi on SMEs Development, Arinze Chilo-Offiah explained that the programme was created to give entrepreneurs in the state an opportunity to access a maximum loan of three hundred thousand naira (N300,000) with 9% yearly interest (0.75% monthly) to grow their various businesses.
Chilo-Offiah who further explained that the loan had a tenure of 12 months, added that applicants would enjoy a one month moratorium.
The Special Aide who also said that the “terms and conditions apply”, urged 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.
“The Enugu SMEs Center has been in the vanguard of promoting and assisting entrepreneurs in the state to actualize their dreams of creating jobs and becoming self-reliant, through innovations and dedication”, he added.