Adamawa State IGR To Improve Under Fintiri’s Administration Through ADAS-P

In continuation of its Meetings with relevant stakeholders to ensure the smooth and successful conduct of the ADAS-P Credit Guarantee Scheme, the leadership team held another meeting with the management of Standard Micro-finance Bank Limited Yola.

Shading more light on the profile and guidelines of the ADAS-P Credit Guarantee Scheme, the principal consultant of the programme Alh. Aminu Buhari said the program is beneficial to both the bank, Adamawa State and small-scale business holders in the state.

The principal consultant added that profit will be shared between banks and ADAS-P while small-scale business owners will be given higher capital credit which will help in improving the internally Generated Revenue of the state.

In his contributions, the Chairman Board of ADAS
Alh. Kashim Moh’d Njidda and Dallatun Ganye urged the management of the bank to submit their profile and rules of engagement to ADAS-P
as ADAS-P did to them.

The chairman also advised the collateral managers to work round the clock to ensure the success of the programme.

In his remarks, the Managing Director of Standard Micro-finance Bank Limited Yola Mr Amit Kumar Dubey commended ADAS-P leadership for a well-designed and standardised programme ever, promising to cooperate with them to move the programme to greater heights.

The meeting which was held at the board room of ADAS-P office, was attended by stakeholders from both sides.