DEC grants N9. 1bn loan to 197, 000 Nigerian women

A total of 197, 349 women have so far benefited from the various empowerment schemes to the tune ofN9.1 billion, powered by a  non-governmental organisation, Development Exchange Centre (DEC) in 2019.

The Executive Director of DEC, Mrs. Titi Yakubu, who disclosed this during the annual general meeting (AGM) of the NGO in Bauchi Monday, said the total value of loans disbursed in the year under review stood at N9.1 billion.

Titi Yakubu said when compared with the number of beneficiaries for 2018, about 15, 708 more women benefited from the loan schemes in 2019.

While expressing delight over the rate of loan recovery which she put at 99.7%, Titi Yakubu also revealed that DEC currently operates in 22 states, including the 19 northern states as well as Enugu, Cross Rivers and the FCT, Abuja.

Titi Yakubu listed programmes managed by DEC to include functional adult education, vocational skills development, livelihood and resilience, sexual and reproductive health education, water, sanitation and sustainable environment, democracy and good governance as well as microfinance.

In his remarks, the chairman, Board of Directors of DEC, Mr. Andrew Gwaivangmin, described the NGO as a key stakeholder in the achievement of the Sustainable Development Goals (SDGs) and suggested that for sustainability to be achieved, more women should register so that the organisation could rely less on donor funds.

Gwaivangmin appealed to men to be active members of DEC by supporting their women in their various business activities, saying “women need the support of men to excel in their endeavours and their success will positively impact on the lives of the entire family.”

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