YMFB Support 300 groups with sharecroping Agricultural Loans
By:Usman Ibrahim Geidam
The Managing Director of Yobe Microfinance Bank Dr.Sheriff Almuhajir has approved the laon applications of six communities of Chikuriwa ward of Nangere LGA of Yobe State in its agricultural financing product named sharecropping agricultural loan financing for 300 groups which will be benifit the total of 3000 farmers and agricultural producers.
These loans, will provide critical funding for crops production and support the growth and development of local agriculture.
The sharecropping agricultural loan program is designed to support the unique needs of farmers and agricultural producers, providing flexible repayment terms that suits the cultural and religious requirements of the people.
"The Bank are thrilled to support the hardworking and Dedicated farmers and agricultural producers in the communities,".
"These loans will help drive economic growth and stability in the region, and the bank are proud to play a role in the success of the local agricultural industry."MD said.
"He further said the pilot test which upon successful implementation will be replicated in all parts of Yobe state comes next raining season".
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