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The Asiwaju Women Cooperative Society (AWCS) announced its plans to empower 50 less privileged women in the country with N20,000 each to enable them start businesses of their own and become self-reliant.
The National President, AWCS, Alhaja Stella Kokumo, made the disclosure at the national executive meeting in Abuja on Thursday.
“Fifty market women will receive the sum of N20,000 each,” Kokumo added.
She reiterated the group’s aim was to support vulnerable women and empower them for a better life through its cooperative society.
She hinted that the group had resolved to give back to women who had given their time and resources to support the actualisation of President Bola Ahmed Tinubu’s presidency.
According to her, one of the decisions made was to float a cooperative society that would lend to women soft loans across all states at zero interest or at the most administrative interest.
“Our state chapters are now at liberty to open state cooperative accounts through which we can actively and effectively reach our members who are interested in getting cooperative loans at zero interest,” she added.
Also, She said more than 300 packs of clothing materials had been distributed to members across states, noting that the distribution was continuous categories of members across the states.
She said AWCS was active, and was poised to reach out to as many women as possible.