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Nigeria Empowerment Loan - Aradagun
Sunday, 5 June 2016
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Item details
City:
Aradagun, Lagos
Offer type:
Offer
Item description
NEF loan is a Nigerian organisation with a Microfinance Bank (MFB) dedicated to self-employment through microfinance and an NGO, a non-governmental, non-profit community development organization focused on the empowerment of the poor and the vulnerable. NEF has partnered with the Grameen Bank. In 2010, NEF transformed it's Microfinance activities into a regulated microfinance bank, while the remaining activities continued under the NEF NGO.
NEF focuses on assisting the poor, especially the women, in raising their socio-economic statuses. It not only acts as a microcredit institution, but also assists clients in overcoming problems beyond the lack of funds, such as illiteracy and environmental degradation (which often aggravates poverty). Moreover, NEF aims to enhance leadership skills, literacy status and political participation among poor women. It empowers women by providing opportunities for them to learn income generating skills such as sewing, food processing and soap making.
NEF focuses on assisting the poor, especially the women, in raising their socio-economic statuses. It not only acts as a microcredit institution, but also assists clients in overcoming problems beyond the lack of funds, such as illiteracy and environmental degradation (which often aggravates poverty). Moreover, NEF aims to enhance leadership skills, literacy status and political participation among poor women. It empowers women by providing opportunities for them to learn income generating skills such as sewing, food processing and soap making.
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