Kano Traders Hail Micro Finance Bank For Transforming Their Businesses

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CBN Governor, Godwin Emefiele

By; JABIRU A HASSAN, Kano

Traders and other small scale bussiness owners have commended the management of Kunchi Microfinance Bank for boosting economy of the people through micro credits across the area.

They made the commendation in seperate interviews with small and medium scale business men and women at Shuwaki Market.

Most of them disclosed that Kunchi Microfinance Bank is one of the financial institutions that is working for the progress of business environment, since its commencement of operation in the catchment area.

Most of the traders who had a chat with our correspondent called on Kano State Government to give more mandate to all existing microfinance banks in granting more loans to the people at both rural and urban areas in order to benefit more from the purpose of their establishment.

Similarly, Malam Adamu Matan Pada, a sweet potato dealer who has never had a transaction with any financial institution said that lack of good awareness and public enlightenment are some of the factors that discourage rural dwellers from having any relationship with existing financial institutions.

On his part, the managing director of the bank said that he cannot say anything because he was just posted to the place few days ago as a result of the death of the former manager.

He however, assured that Kunchi Microfinance Bank would continue to support the people of the area in order to boost their various businesses.

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