INTRODUCTION
As a concept, pioneered in Nigeria by Development Finance Institutions (DFIs), fund matching has since been embraced by most financial institutions for making credit/financing available to micro and small enterprises (MSEs). The strategy requires the fund matching partners (often a Financial Institution and an MSMEs-promoting institution/Government) to share the risks of making funds available to target MSEs – usually at concessionary rates over the medium-term (tenor). Consequently, desirous of building synergy on this very important aspect of their respective mandate SMEDAN and Jaiz Bank Plc hereby announces the commencement of the JAIZ/SMEDAN MATCHING FUND PROGRAMME FOR MICRO AND SMALL ENTERPRISES. This intervention is to deliver credit, to the sub-sector, as a promotional mechanism to enhance enterprise output, competitiveness and jobs creation. The disbursing entity, under the programme, shall be Jaiz Bank . FOR FURTHER DETAILS CLICK ON DOWNLOAD