PROPOSED SPECIFIC SERVICE IN PARTNERSHIP WITH WETLANDS.
PREQUALIFICATION ASSESSMENT OF BENEFICIARIES- Our highly experienced team of credit officers shall be involved in the identification and assessment of competent individuals, cooperatives, community development groups, small scale farmers, interested and qualified for funding. We will provide the workshops the needed capacity building by way of seminars and workshops to various identified groups.
CAPACITY BUILDING- To further make the scheme a success, the bank if accredited, would design an elaborate capacity building workshop for intending beneficiaries. This is to ensure that the funds are put to proper usage.
LOAN DISBURSEMENT- After the prequalification of would-be beneficiaries according to prescribed guidelines, the bank would embark on the disbursement, and a monthly report on the disbursement will be forwarded to your office.
LOAN MONITORING AND EVALUATION- the loan beneficiaries shall be monitored by Equator microfinance Bank Limited. Loan performance will be reviewed on a weekly/monthly basis and duly reported to your office.
FOLLOW-UP SERVICES- The beneficiaries will be continuously accessed by our bank to ensure we readily provide support services such as effective participation in cooperative groups, savings voluntary culture, simple book keeping and business management techniques irrespective of educational qualification.
LOAN RECOVERY- No well-articulated microcredit scheme like yours will be sustained if no proper arrangement is put in place to recover disbursed funds are revolved and re-disbursed among the teeming potential beneficiaries. Consequently, the bank will provide formidable arrangement to ensure that all funds so disbursed are recovered in line with stipulated policy guidelines from your agency.
