IFAD offers multimillion-naira mortgage to 148 young Bayelsa farmers

One hundred and forty-eight Bayelsa youths present process an agricultural coaching programme funded by the Global Fund for Agricultural Building (IFAD) have bought loans of a minimum of N700,0000 every in Yenagoa.

The coaching used to be packaged by Livelihood Enchancment Family Endeavor in Niger Delta (LIFE-ND), a Bayelsa government initiative.

On Thursday, the youths are gentle 18 years and 35 years.

The revolving mortgage used to be presented to the trainee farmers via their grasp trainers.

Paniebi Ugo, the mission coordinator of LIFE-ND, presented the cheques to the grasp trainers who deal with the beneficiaries in Yenagoa.

Mr Ugo said in the mentorship programme, which had been ongoing in the last two years, trainees were assigned to established farms where they were skilled in cassava, plantain, fish and poultry manufacturing.

He suggested the trainee farmers to receive the mission severely and produce a dwelling for themselves.

Mr Ugo charged the beneficiaries to head into enterprise, produce profits and pay help the mortgage in instalments so that others can also moreover help.

“LIFE-ND assisted by IFAD aims at rising beneficiaries’ profits, direct food security and create jobs for teenagers between the age bracket of 18years and 35years. Our point of curiosity also is on ladies americans via agriculture enterprise utilizing the incubation mannequin in the Niger Delta region,” he acknowledged. “This cheque presentation is an epoch making occasion and a leap forward for LIFE-ND, IFAD, and Bayelsa verbalize. This programme has two phases – apprenticeship and mentorship.”

Vivian Yerin, one in every of the grasp trainers who bought a cheque on behalf of the trainees in her mentorship, commended the LIFE-ND for the initiative.

She called for the sustenance of the mission to allow many youths to have formula of livelihood.

Ms Yerin, a poultry farmer, said with the existing realities in the Niger Delta, the mission had assisted youths to continue to exist and cater to their households.

She added that it would breeze a long formula in bettering beneficiaries’ livelihoods.


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