Ikoyi Rotary Club Lifts Sura Market Traders With Micro-Credits

The Rotary Club of Ikoyi, District 9110, Nigeria has been commended as one of the major Rotary Clubs in the District and non-governmental organizations (NGOs) in the country leading the drive to eradicate poverty in its community, with its economic empowerment drive.

 

President Rotary Club of Ikoyi, Rotarian Isichei Osamgbi (second from right) addressing the market men and women at the inaugural disbursement of the Micro Credit fund to the Sura Market Traders Association, at the market in Lagos recently.With him are the Clubs Director of Service Projects, Past President Charles Okonkwo and the Market Leader (Baba Oja), Mr. Wahab Adeyemi Fashina,

 

Speaking in Lagos at the presentation of the One Million Naira (N1M) Micro-Credit support to the Sura Market Traders Association at the Westood Hotel, Ikoyi, Lagos, Dr. Adewale Ogunbadejo, the District Governor, District 9110, noted that the Club’s commitment to selecting and executing projects that touches lives has helped greatly to empower the less privileged people in the society.

Dr. Ogunbadejo urged the traders to utilize the loan properly and ensure that those who benefit reciprocate the kind gesture by using the loans to enhance their business and ensure a quick turnaround.

 

President Rotary Club of Ikoyi, Rotarian Isichei Osamgbi (third from left) and the Market Leader (Baba Oja), Mr. Wahab Adeyemi Fashina(fourth from left) at the Market during the talk / disbursement of the micro credit fund to the Sura Market Traders Association in Lagos recently.

 

“This will enable more market men and women participate in the micro credit scheme, to improve their businesses and better their lives and those around them”, he said.

The investment according to the President of Rotary Club of Ikoyi Isichei Osamgbi is aimed at impacting positively in the life of the beneficiaries noting that Rotarians, traders as well as the market leaders and delegates from the supervising financial institution, Boctrust Microfinance Bank are fully committed to the delivery of the micro credits early in the Rotary year to enable more people benefit, by providing them capital for their business.

 

The District Governor, Rotary International District 9110, Dr. Adewale Ogunbadejo (fifth from left) with the Market Leader (Baba Oja), Mr. Wahab Adeyemi Fashina (center) and President Rotary Club of Ikoyi, Rotarian Isichei Osamgbi (fifth from right) during the Formal presentation of 1 Million Naira Micro Credit Cheque to the Sura Market Traders Association.

 

Mr. Osamgbi while pointing out that the micro credit scheme is one of its strategic projects for the 2017/2018 Rotary year, noted that the credit was designed to empower the market men and women so they can grow their businesses in the present economic times.

In his response, on behalf of the traders, the Market Leader (Baba Oja), Mr. Wahab Adeyemi Fashina thanked the Rotary Club of Ikoyi for the commendable gesture directed towards them. He promised that the traders will do their best to put the fund into good use and uphold the trust and faith reposed in them.

He further noted that if most non-governmental organizations join hands to do well in the society like the Rotary Club of Ikoyi, life would be better for Nigerians

The District Governor, Rotary International District 9110, Dr. Adewale Ogunbadejo with the members of the Rotary Club of Ikoyi after his visit to the club recently.