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Ijebu based NGO hands out N12bn to Women

By on October 15, 2012

 

The Justice, Peace, and Development Commission (JPDC), a nongovernmental organisation wing of the Ijebu Catholic Dioceses has given out over N12bn spinning loans to 100,000 beneficiaries.

 

The Scheme, which has empowered about 100,000 beneficiaries, who are women in small and medium scale agric-business and allied sectors across the South West of Nigeria, is designed to boost the women and agricultural sector of the economy.

 

The said sum was disbursed over a period of 10 years and was meant to promote small and medium enterprises in agro-produce, expand existing ones, as well as empower women.

 

This was disclosed by Mrs Florence Ogunnupebi, the coordinator of JDPC microfinance institution, Centre for Grassroots Economic Empowerment (CGEE), at the award giving ceremony to 80 beneficiaries of the credit facility who have been regarded as being faithful to the scheme.

 

Ogunnupebi maintained that, the commission has been giving out loans for this purpose since 2000 until date, adding that better years are ahead.

 

“Since the inception of this scheme, we realised that we have some people that remained committed and stead fast to the programme with their performances outstanding.”

 

Rev. Fr. John Patrick Ngoyi, JDPC Director, said the loan is designed to help the recipients who are into Agric business and produce to boost food production, income, and job creation in the state.