Accion to partner with Lagos on poverty alleviation

Monday, February 17, 2014

Accion Microfinance Bank (AMfB) said it is collaborating with the Lagos State government on a poverty eradication scheme.

According to a statement, members of staff of the Lagos State Ministry of Commerce and Industry, led by the Director of Commerce Mr. Hakeem Adeniji, indicated this when they paid a courtesy visit to the head office of Accion recently.

Speaking during the visit, the Managing Director/Chief Executive Officer, Accion, Ms. Bunmi Lawson, attributed the bank’s success to using the small intervention at its disposal to help people build their businesses and promote their income.

“The visit provided an opportunity for the AMfB and LASG’s team to deliberate on various issues and possibility of collaborating together to eradicate poverty,” the statement added.

Source: All Africa (link opens in a new window)

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microcredit, microfinance, poverty alleviation