Mrs Comfort Orji is a caterer in Lagos, Nigeria, and is a beneficiary of the LSETF loan. She now cooks and serves tasty snacks!
“I filled the form, submitted it, and as time went on, I began to receive messages with more instructions,” explains Mrs Orji. ”
Her last employer relocated to Ogun state, too far to travel, so Mrs Comfort Orji applied for a loan from the Lagos state.
“The loan has really, positively helped my life and my business, and I thank the Lagos state governor for initiating this program,” explains Comfort. “I’ve introduced many other people to the program – they ask me, is it real? And I say, it’s real, I’ve gotten the loan.”
The Lagos State in Nigeria is setting up a new fund to to tackle unemployment in Africa’s biggest Mega-City.
The aim of LSETF is not just to grant loans to potential businesses, but to build capacity and ensure they are running sustainable businesses that obey the law. The Lagos state government believes, when a business meets these requirements, they give themselves the best opportunity to grow sustainably.
“The most important thing is about impact. We want to ensure that businesses have the right tools to succeed and grow, and therefore employ people,” explains Akin Oyebode, the Executive Secretary of the Lagos State Employment Trust Fund.
You can find out how to get loans to fund your made in Nigeria products and other business by the Lagos State Employment Trust Fund. Visit their website or office to learn about the requirement to bring your MADE IN NIGERIA business/idea to reality.
You can also be part of the initiative by going to any of your local Lagos councils, or head to www.lseft.ng