#HeadsUp: KWARA NG-CARES FOR MSMEs
The Kwara NG-CARES for MSMEs recently completed registration of beneficiaries with over 25,000 businesses applying for the COVID 19 Action recovery and Economic Stimulus (CARES) Grants for Micro, Small and Medium Enterprises in Kwara state.
The Kwara NG-CARES for MSMEs recently completed registration of beneficiaries with over 25,000 businesses applying for the COVID 19 Action recovery and Economic Stimulus (CARES) Grants for Micro, Small and Medium Enterprises in Kwara state.
The Bank of Industry who are the implementing partners on the 11th of November 2021 commenced with texting of the potential beneficiaries to request for further information and enumeration for the operational cost grants which constituted about 30% of the applications.
The operational costs grant which is the disbursement linked indicator 2 of the kwara NG-cares for MSMEs program is targeted at assisting business owners with up to 50% their operational cost and it covers staffs salaries, office/shop rents,
alternative power supply (small solar panels), utility bills, as well as security fees.
This grant is a very important need for most businesses who are at the brink of closing up because of their inability-to pay staff salaries, their rent and other utility bills.
#IjobaMekunu
This grant is a very important need for most businesses who are at the brink of closing up because of their inability-to pay staff salaries, their rent and other utility bills.
#IjobaMekunu
Beneficiaries are being texted to request for further information in order to verify the authenticity of the applicants' business as well as creating a detailed database of businesses in Kwara. They have a duration of 14 days to provide all requested information.
#Isenlo
#Isenlo
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