Ogun State Agricultural and Multipurpose Credit Agency (OSAMCA) says 44 Micro Small and Medium Entrepreneurs (MSMEs) are to benefit from the N20million loan facility facilitated by the State Government.
The General Manager, Ogun State Agricultural and Multipurpose Credit Agency (OSAMCA), Mr. Olugbenga Abolaji-Israel revealed this during a Day training in Abeokuta
He added that the Agency had organised the programme for loan beneficiaries to give them an insight on fund management and proper accounting records, enable them utilise the loans judiciously and pay back at the stipulated time to qualify them for more loans in future.
He stated that ‘’business does not thrive on luck but through adequate training, retraining and enlightenment. I implore you all to utilise the knowledge gained from this training for the betterment of your businesses’’.
The General Manger said the beneficiaries would be issued cheques containing the amount applied for at the end of the training.
Speaking on behalf of other beneficiaries, Mr. Owolabi Ogungbe and Mrs. Falilat Odeyemi appreciated the State government for the training and pledged their unwavering commitment to the prompt repayment of the loan.
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