The Kaduna State Government, under the able and purposeful leadership of His Excellency, Alhaji (Dr) Mukhtar Ramalan Yero and the Bank of industry entered into a partnership,& set up a Business Development Fund wherein Kaduna State Government and Bank of industry Contributed the sum of Five Hundred Million (500,000,000) each totaling One Billion Naira (1,000,000,000.00) which is referred to as the “KDSG-BOI MSMEs Fund”.
The objective of the arrangement is to provide pool of fund for lending to entrepreneurs in the state that are engaged in Micro, Small and Medium Businesses. The initiative is aimed at providing access to finance to develop the MSMEs sub-sector, create employment opportunities and to enhance the economic growth and development of the state.
The flag-off and presentation of Cheques to the Beneficiaries of KDSG-BOI MSMEs Fund held at the State House Banquet Hall, Kawo Kaduna, Kaduna State. Congratulations!