Tijara MFB empowers SMEs with over N180 million in three years

A Bauchi based Microfinance institution, Tijarah Micro Finance Bank has since the start of its operations empowered traders and owners of Small and Medium Enterprises ( SMEs) with more than 182 million naira interest free facility. Managing Director (MD) of the Bank, Alhaji Jamil Hassan made the remark while speaking at a forum to celebrate […]

Tijara MFB empowers SMEs with over N180 million in three years
Tijara MFB empowers SMEs with over N180 million in three years

A Bauchi based Microfinance institution, Tijarah Micro Finance Bank has since the start of its operations empowered traders and owners of Small and Medium Enterprises ( SMEs) with more than 182 million naira interest free facility.

Managing Director (MD) of the Bank, Alhaji Jamil Hassan made the remark while speaking at a forum to celebrate the three years of its existence held at the bank’s headquarters in Bauchi Monday.

‎He said that the move was part of the banks commitment to help individuals and small businesses and make them economically viable.

Hassan therefore reiterated that the bank will continue empowering more Small and Medium Enterprises (SMEs) not only in Bauchi but in the entire north east region for  the economic revival of its people.

The MD added that the Bank empowered it’s customers in order to ‎enable them establish or strengthen their local businesses and embrace entrepreneurship skills.

He pointed out that within the three years of its operations, the bank has disbursed over eight million naira profit  to its customers.   

He stated that the bank has introduced more profitable and economically driven packages for the benefit of its customers.

He disclosed that plans are also at advanced stage for the bank to extend its operation in the 20 local government areas of Bauchi state to enable people have access to the bank’s services with ease at the grassroots. ‎

He however lamented that, there is still low patronage non interest financial institution by the muslim community.

He therefore called on members of the public and owners of small businesses to patronise the bank to benefit from its products to improve their economic ‎status.