The Full Story
Center for Microenterprise Development is supporting the emergence of savings & Loans cooperatives (SACCOs) that are equipped to reach their full potential and deliver financial services to the last mile participant. We are currently management partners to Gombe State Center for Microenterprise Cooperative, Adamawa state Center for Microenterprise Cooperative, and Yobe state Center for Microenterprise Cooperative.
Savings & Loans
Our members benefit from access to savings and loans through the cooperative. Members can get up to three times the value of their shares. A member can be saving small amounts until he/she achieves the desired share value. It is expected that the minimum share of ten thousand naira per member and a maximum of one hundred thousand by member. Our loans processing currently takes one week if a member has met all the requirements
Access to Farm Inputs
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