Credible loan Recipient receives two sewing machines to kick start her businessKohol Shadrach Iornem
Menroi Rural Priority Foundation over the past two years have been supporting small business owners through their interest-free loan scheme. Loans from N50,000 naira up to N250,000 naira have so far been given. These loans are intended to help petty traders grow their businesses. So far, 40 persons have benefited from this scheme.
Menroi Founder, Dr Kohol Shadrach Iornem has commended the few persons that have been able to repay while encouraging those who are still owing to try and pay back as failure to do so will jeopardise the chances of others benefiting from the scheme.
One of the beneficiaries who was able to repay back despite experiencing some challenges is Mrs. Dorothy Sorkaa, a fashion designer. For keeping to her promise, Menroi rewarded her with two sewing machines to help kick start and stabilize her business. “Mrs Sorkaa has shown that we still have credible people” Dr Iornem stated while presenting the gift.