Business
RIMA Sustains Empowerment Initiative
Rivers State Micro-Finance Agency (RIMA), has sustained the upward movement in empowering 11,019 indigenous entrepreneurs in three years.
The agency which started with the empowerment of 889 economically active poor persons in 2011, added 3,711 entrepreneurs or 417.4 per cent to close at 4,600 empowered entrepreneurs in 2012 as against the 889 of 2011.
In 2013, RIMA sustained the increase adding 930 entrepreneurs or 20.2 per cent, bringing the 2012 empowered persons to 5,530 entrepreneurs, as against 4,600 entrepreneurs empowered in 2012.
The analysis was done from the break down of the empowerment records during The Tide’s exclusive interview with the Managing Director/Chief Executive of RIMA, Mr. Innocent Iyalla Harry, in Port Harcourt.
Harry told The Tide that “RIMA is serious in empowering the indigenous business men/women who have nobody to help them,” adding that the agency has representatives in all the local government areas of the state.
He said that RIMA loan is accessible to all small-scale business people who want to expand their businesses.
“We are not dealing with freshers. We must identify the business before the loan is given,” he said, stating that RIMA also engage in monitoring and effective mentoring to ensure that the loan is utlised for business and is also paid back in time to enable others to benefit from the goodwill of Governor Rotimi Chibuike Amaechi, whose aim is to fish out the poor and empower them.