As part of his campaign promises, Distinguished Senator Sunday Karimi has announced a small business funds scheme to support 50 registered women cooperative societies in Kogi West. This initiative aims to augment working capital for these organizations and boost small-scale businesses and agriculture among women in the region.
The scheme, which will be an annual exercise, will provide a total of One Hundred Million Naira (#100,000,000) to the selected cooperative societies. The funds will be managed by the leadership of each society under the professional supervision of experienced cooperative managers and small-scale business financing experts.
The goal of this initiative is to build strong cooperative societies among women in Kogi West, enhance their capacities, and improve their livelihoods through small-scale businesses and agriculture. A committee has been established to oversee the implementation of this program and has begun working with registered women groups and cooperative societies to ensure a successful rollout.
Senator Karimi believes that this support will stimulate small-scale businesses in Kogi West and position them for sustainability, aligning with his campaign promises to boost small businesses and start-up capitals for his constituents, especially women and youth.