Question 1

What is the Centre for Microenterprise Development?

Accepted Answer

Centre for Microenterprise Development (also known as CMD or M-Place) is a not-for-profit, non-partisan and non-governmental organization founded since 2002.

Question 2

What is VSLA?

Accepted Answer

Village Savings Loan Association (VSLA) is a group of people who meet regularly to save together and take small loans from those savings. The activities of the group run in cycles of one year, after which the accumulated savings and the loan profits are distributed back to the members.

Question 3

What is the full meaning of VEA?

Accepted Answer

Village Extension Agent.

Question 4

Who is the nearest VEA to me?

Accepted Answer

Send us a mail at veas@microenterpriseplace.com stating where you are located and we will write back with the nearest agent to you.

Question 5

How can I get a loan?

Accepted Answer

Currently we only offer business development services to enable you get a loan from banks and financial institutions that we have signed memorandum of understanding (MOU) with. Our focus is on Micro, small and medium enterprises (MSMEs) located in Adamawa, Gombe and Yobe states. Such MSMEs can send us application Letter for the loan neededto info@microenterpriseplace.com or at our office at Gombe.

Question 6

When was CMD founded?

Accepted Answer

We started operations in year 2002.

Question 7

How is CMD related to Haske Business School?

Accepted Answer

Centre for Microenterprise Development owns 60% of Haske Business School.

Question 8

What is the minimum number of persons that can be in VSLA?

Accepted Answer

A VSLA is expected to have a minimum of 15 persons and maximum of 25.

Question 9

If we are a cooperative, can we become a VSLA?"

Accepted Answer

Yes you can. If you are a cooperative located in Adamawa, Yobe and Gombe states you can send us your letter applying to be one of our VSLAs. The letter can be sent to info@microenterpriseplace.com or 1A Kaltungo Road, P. O. Box 994 Gombe.

Question 10

What is Manager Accounting Software?

Accepted Answer

Manager is a robust accounting software designed for small business. There is a free version for very small businesses available at www.manager.io. There is also a server version and a cloud version which is available for Windows, Mac and Linux. It includes key accounting modules, tax functions and features that streamline data entry and accounting procedures. The software is designed to be very easy to work with and is so intuitive. We provide implementation and support services to facilitate the set-up for small and medium enterprises. We have implemented manager accounting for companies, schools, financial institutions, and cooperatives. What ever your industry or size and whatever your budget, we can work with you. You can email Kola at kolawoleo@microenterpriseplace.com or call him on 0902 858 5006.

Question 11

What kind of institutions can use Manager Software?

Accepted Answer

We have successfully set up manager in leasing company, hotel, school, manufacturing company, processing company, multi-sectional school, cooperative and shops.

Question 12

Will CMD buy from me if I am not one of their registered groups?

Accepted Answer

We prefer to buy from groups that have registered with us particularly those who have adopted the VSLA methodology. However, registration is free so why not contact Maria at mariah@microenterpriseplace.com or call her on 0808 589 8613.

Question 13

What is SABEX?

Accepted Answer

SABEXwww.sabex.ng is the world’s first end-to-end blockchain commodities trading and financing platform developed by Sterling Bank Plc. The platform links buyers and sellers of agricultural commodities. Members of our registered group are supported to register on the platform or to participate through us. For more information contact Ifeoluwa on 0808 589 7904 or via email at ifeoluwaw@microenterpriseplace.com

Question 14

What is an aggregator?

Accepted Answer

Aggregators are agricultural businesses or cooperatives of growers that consolidate and distribute agricultural products. They typically support regional growers of diverse sizes and experience and sell products to local or regional markets. Are you an aggregator or off-taker interested in buying from our farmers? Please contact yopj@microenterpriseplace.com or on 0808 589 8667

Question 15

What type of fertilizer can I get from CMD?

Accepted Answer

Currently we offer chemical fertilizers from Notore, Indorama and TAKAgro. We also offer organic fertilizers too. Please contact stephenb@microenterpriseplace.com or call him on 0802 058 3102 for fertilizer loan or sales.

Question 16

What is Feed the Future?

Accepted Answer

The Feed the Future Initiative was launched in 2010 by the United States government and the Obama Administration to address global hunger and food insecurity. Centre for Microenterprise Development is one of the implementers of the Feed the Future program under Mercy Corps Rural Resilience Activity (RRA) in Northeast Nigeria. For more information contact alexb@microenterpriseplace.com or call him on 0708 590 3909

Question 17

What is Rural Resilience Activity?

Accepted Answer

The Rural Resilience Activity is a five-year USAID-funded Program in Nigeria's northeast. The purpose of the Rural Resilience Activity is to sustainably move people out of chronic vulnerability and poverty. The program is implemented by Mercy Corps through it partners. See www.mercycorps.org for more details.

Question 18

If I have a complaint, who should I report to?"

Accepted Answer

You can send an email to feedback@microenterpriseplace.com or letter to 1A Kaltungo Road, Off Bauchi Road, Gombe or P O Box 994 Gombe. It will be treated as confidential and will be attended to within 24 working hours.

Question 19

What is CARM?

Accepted Answer

The CBSA Assessment and Revenue Management (CARM) project is a multi-year initiative that will modernize how the CBSA assesses imported goods and manages revenue. Once fully implemented, CARM will streamline and automate business processes and offer online self-service tools to help the trade community do business in Canada.

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