Microfinance banks show interest in building project
No fewer than 96
microfinance banks have expressed interest in participating in the
IFAD-assisted Rural Finance Institution Building Programme (RUFIN) in
Nigeria.
The national
coordinator of the programme, Musibau Azeez, made the announcement on
Monday in Abuja, when he led the supervision mission team of the
programme on a courtesy visit to Bukar Tijani, the national
coordinator, National Programme for Agriculture and Food Security.
The Federal
Government in May 2006 approved the blueprint for RUFIN, and in August
2008 signed a loan agreement with the International Fund for
Agricultural Development (IFAD), amounting to 27.2 million dollars, for
the implementation of the programme over a seven-year period.
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