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Zisk Global to Disburse N30,000 Covid-19 Grant to 1Million Nigerians

by myeduproject June 30, 2021
written by myeduproject June 30, 2021
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Zisk Global to Disburse N30,000 Covid-19 Grant to 1Million Nigerians

Zisk Global to Disburse N30,000 Covid-19 Grant to 1Million Nigerians: In a drive to mitigate the effect of the COVID-19 pandemic on the masses, particularly the disadvantaged populace, an organization called Zisk Global Advisory Ltd in partnership with Africa Union Economic Social and Cultural Council, AU-ECOSOCC will be disbursing N800million interest-free loans to market women

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This stimulus package is a long term assistance to cater for needy and poor ravaged by the pandemic, it plan to reach  one million market women in Nigeria with the budgeted amount to be disbursed in the first batch.

“Oni, who is also an Advisor to African Union ECOSOCC Nigeria on Economic Development and Partnerships, told journalists at a meeting in Abuja that the programme is an economic responsibility initiative meant to empower petty traders with a zero interest soft loan and with a friendly repayment plan spread within a period of 12 weeks.”

He added that the initiative, tagged: “Post COVID-19 market women empowerment, PMWE”, is also aimed at “complementing the efforts of the government on economic recovery from the impact of COVID-19 by reviving petty trader businesses in Nigeria, promoting financial inclusion, reduce unemployment and alleviate poverty.”

According to him, beneficiaries of the loan, which will be strictly for petty traders without religion and tribe limitations, would be able to access between N30, 000 and N200, 000.

“Our target audience is the daily petty traders and artisans within the market or around the street, selling pepper, cassava flakes (gari), tofu, food, sachet or bottle water, vegetables, onions, fruits, friend yam and beans cake (akara), cloths, groceries etc.

“This empowerment is a soft loan, which we expect that the beneficiaries will return either on a weekly or monthly basis within a period of 4 to 12 weeks,” he stressed.

“This is a country of over 200 million people. The best we can do is to start from somewhere. 1 million market women in Nigeria. The loan will be coming in batches. We cannot give everyone at once. First batch is 800 million for this first batch. As time goes on, our target of one million market women will be attained. If we can achieve that we know it will go a long way”

“We have a structure; it is a structure of civil societies that are well known. They have members and for you to be qualified, you have to be a member of this organization”

“One of the major programmes we are working to implement is the Agenda 2063 of the AU. It talks about an Africa where citizens are given the right to develop.

“This project falls under the African Women Decade of Economy and Financial Inclusion that was launched in Nigeria recently with the support of President Muhammadu Buhari. We are mobilizing other organizations to help ensure that women on the last rung of the ladder are supported.

“We are in total support and we are giving our backing to some of our organizations that are already participating. Let us see this as it is, it is an empowerment programme, so that we can move one million women out of poverty,”

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