Gbenga Daniel Reveals Plan For Second Phase Of Interest-Free Microcredit Program, Fertilizer Distribution At GRA Ijebu-Ode
At ensuring economic growth and stability, GFF will be providing substantial succor to the people of Ogun East.
The Gateway Front Foundation (GFF), under the leadership of His Excellency, Senator, Otunba Gbenga Daniel, FNSE FAEng, is set to launch the second batch of its Interest-Free Microcredit Scheme on September 16, 2024. This initiative, designed to uplift petty traders, artisans, and farmers within the Ogun East Senatorial District, will take place at Obalofin Court, GRA Ijebu-Ode, beginning at 10:00 AM.
The upcoming event continues the momentum established by the highly successful first batch of the program, which saw over 400 small and medium-sized enterprises (SMEs) benefit from interest-free loans. The inaugural edition, launched in the previous year, provided critical financial support that enabled beneficiaries to expand their businesses, create jobs, and contribute to the local economy.
Building on this success, the second batch will not only provide interest-free microcredits but also introduce an agricultural empowerment component. This includes the distribution of fertilizers to farmers, a move aimed at boosting agricultural productivity and supporting food security efforts in Ogun East. The combined impact of these initiatives reflects Senator Gbenga Daniel’s unwavering commitment to economic development and sustainability within the region.
Senator Gbenga Daniel, known for his visionary approach to governance and community development, expressed his enthusiasm for the continued success of the GFF programs. “Our goal is to ensure that every petty trader, artisan, and farmer in Ogun East has the opportunity to grow their business, improve their livelihood, and contribute to the overall prosperity of our community,” he said.
The Gateway Front Foundation invites all eligible petty traders, artisans, and farmers to attend the launch event. Stakeholders and interested parties will have the opportunity to learn more about how they can benefit from this transformative program. Through these targeted interventions, GFF aims to drive economic resilience, enhance agricultural productivity, and foster sustainable growth in the region.
