Imo State Bureau for Poverty Alleviation, in conjunction with Harmony Micro-Finance Bank Limited, is set to commence a special poverty alleviation project tagged “Owelle Rochas Okorocha’s Special Poverty Alleviation Project”.
The project according to Nwosu Ndu Philips (JP), the Director of Administration and Finance, (DAF), Bureau for Poverty Alleviation is designed to give the downtrodden an ample opportunity to access Interest Free Loans to the tune of N100,000 which will be paid back within 11 months of accessing the loan with one month moratorium.
The project is run in the spirit of the Rescue Mission Agenda of the Governor Owelle Rochas Okorocha, to alleviate and empower the downtrodden in the entire 27 Local Government areas in the State, and powered by Chief Cletus Okoro, Chief Executive Officer, Harmony Micro Finance Limited.
The programme, he added will be officially flagged off by Governor Okorocha next month. He further disclosed that the forms are accessable at FCMB as well as Access Bank at the rate of N1, 000, adding that the loan is a revolving one in the sense that it will be coming in batches.