Savings And Internal Lending Community: HFDI Begins With Three Groups In Ikot Umiangede

Savings And Internal Lending Community: HFDI Begins With Three Groups In Ikot Umiangede

Hope for family development Initiative Akwa Ibom State has kicked off Savings And Internal Lending SILC Community with three groups in Akwa Ibom state.

 

The three SILC groups situated at Ikot Umiangede community in Etinan Local government is to provide its members access to basic financial services.

 

The savings group members who are to meet weekly, are to fund their SILC by accumulating their savings, from which they can borrow as individuals when in need and to repay with very minimal interest.


HFDI expressed satisfaction of the group which consist of over 15 members each, and the members had the opportunity to share their experiences, on how the organization has been able to guide them through a successful circle.

 

The SILC members also highlighted how beneficial the group has been to them and their businesses.

 

HFDI team commended the SILC group growth, while encouraging every member to continue to abide by the objectives and rules governing the group.

 

Related posts

PDP Endorses Ademola Adeleke for Second Term

Abisola

Memory: HFDI donates palliatives to Vulnerable in Local Governments

Abisola

Queen Omolara Haastrup Assures Women of Development, Appreciates Ijesaland On Selection of Her Husband 

Abisola

Osun NAWOJ Felicitates With Muslim Sisters On Eid-El-Fitri Celebration

Abisola

PRESIDENT TINUBU CONGRATULATES NEW NUJ PRESIDENT AND EXECUTIVE TEAM

Abisola

GOV ADELEKE APPOINTS AFOLABI ADEOLA BABATUNDE AS CMD, UNIOSUN TEACHING HOSPITAL

Abisola