The scheme is expected to help the women in their businesses
About 4,400 women in Ogun State have benefited from the pilot phase of the N100 million Micro-Credit Empowerment initiative of the State Ministry of Women Affairs and Social Development.
The State Commissioner for Women Affairs and Social Development, Elizabeth Sonubi, said in Abeokuta that the loan scheme, which is in collaboration with ECOBANK is to be repaid at a nine per cent interest rate.
Ms. Sonubi disclosed that the Ministry will commence the second phase of the proposed N1 billion Economic Empowerment Programme in December. She said these programmes are aimed at making the women productive and self-reliant.
About 178 (female) young school leavers from the 20 Local Governments in the State are also currently undergoing vocational classes ranging from hairdressing, shoemaking, and knitting to fashion designing; under the Ministry’s Vocational and Entrepreneurial Skill Programme at the Women Development Centre in Abeokuta, Ms. Sonubi said.
The Commissioner noted that the State Women Advancement Forum, comprising 301 women, inaugurated last year by Governor Ibikunle Amosun, was set up primarily to foster peace amongst the women.
The forum, she added, will serve as a veritable vehicle to propagate the various social development programmes and policies to the people at the grassroots, maintaining that the State Government also provides monthly stipend of N25, 000 for each of its members.
Speaking on the scheme for the empowerment of Persons with Disabilities, Ms. Sonubi noted that about 60 individuals have been empowered with financial support and grants, while four beggars in
Abeokuta have been rehabilitated and empowered with the provision of trade tools to commence various businesses.