FORTEM MFI: Empowering MSMEs, Girls

By Oluchi Chibuzor

One of many microfinance homes that’s doing properly proper now’s Fortem MFI. It’s professionally run and it has been serving to its prospects obtain their goals because it was arrange.

FORTEM MFI is a membership-based establishment licenced to function as a non-governmental Microfinance Establishment.

FORTEM MFI is concentrated on small and medium scale enterprises, wage earners, merchants, farmers, the underserved, and people on the all-time low of the financial pyramid.

As well as, FORTEM MFI is endowed with an energetic administration made up of women and men with over 27 years of expertise who’ve distinguished themselves in banking, insurance coverage, public service and entrepreneurship, and who carry robust competencies to the administration of the establishment.

“We’re strategically positioned to supply glorious providers to our prospects and exceed their service expectations,” the corporate’s Managing Director/Chief Govt Officer, Ann Usiagu-Muraina mentioned.

“Our imaginative and prescient is to advertise social and financial improvement of people and SMEs, serving to them to enhance their lives and companies. Our mission is to empower people, small and medium measurement companies for progress by facilitating monetary capability constructing and leveraging expertise to supply entry to monetary providers.

“Our goals is to hold out the enterprise of microfinance by offering providers to micro, small and medium enterprises (MSMEs), companies, wage earners, people, cooperatives, associations and low-income teams in Nigeria no matter standing.

“We additionally present credit score to prospects, particularly wage earners, small and medium enterprises, low-income earners and guarantee efficient loans utilization amongst beneficiaries.

“We render enterprise advisory, managerial, advertising and marketing, technical and administrative assist and non-bank monetary providers to our prospects; encourage the financial savings tradition to make sure sustainability in companies as a software to poverty alleviation in Nigeria and to determine and perform companies as proprietor and promoters of microfinance providers in Nigeria,” Usiagu-Muraina defined.

She additional defined that Fortem Microfinance is providing its providers to the underprivileged and low revenue earners within the society, who might not have entry to monetary providers from mainstream banks.

“Fortem MFI was created out of my ardour to assist the financially underserved, she says. ‘’I’m enjoying my very own half in nation constructing by establishing Fortem to help in assuaging poverty within the society. I say help as a result of it isn’t a one man or girl job.

“There’s at all times room for extra to be performed. In doing this, I’ve created a system the place ladies take up 60 per cent of our mortgage portfolio. The temporary and focus is on ladies empowerment, as a result of I’m a agency believer within the saying that “whenever you empower a lady, you empower a nation”.

Within the phrases of Kofi Annan, “the empowerment of ladies is the best software for improvement.”

Owing to this, Usiagu-Muraina mentioned: “We can not overemphasis the position of ladies in nation constructing, ranging from the household unit. There’s that girl who wants as little as N50, 000 to begin that corn roasting enterprise, that nook store enterprise, that Bukka enterprise, and with that is ready to cater for her household and even educate her kids previous college stage.

“That’s the place Fortem is available in. I let you know, just a little sum of money within the palms of a powerful, centered, and decided girl goes a good distance in transferring the household above and past the poverty line. I’ve introduced collectively a staff of younger sensible professionals who share similar ardour.

“At Fortem MFI, we don’t implement obligatory financial savings as a prerequisite for shoppers to entry our loans. We provide extremely aggressive charges. Upon execution of provide letters, loans are disbursed inside 24hrs.”.

Talking on what makes Fortem distinctive, she mentioned Fortem provides wage advance loans, SME loans, enterprise loans.

Usiagu-Muraina is a Licensed Microfinance Practitioner & a Chartered Banker, a member of the Chartered Institute of Bankers of Nigeria.

She is an expert human useful resource supervisor, expert on coaching and studying improvement for human capital enchancment, functionality and competence constructing. She could be very eager on sustaining skilled work ethics that promotes an amiable enterprise operational ambiance for productiveness, company prosperity and normal staff effectiveness.

Her ardour is to repeatedly contribute to Nationwide Growth as an expert and an entrepreneur. Her involvement in Fortem MR is an expression of entrepreneurship and a method to assist people, companies, together with small and medium scale enterprises.

She is a Grasp of Human Useful resource Administration & Coaching (MSc) from the College of Leicester, United Kingdom and holds a Bachelor of Arts Diploma from the Ambrose Alli College, Nigeria. Ann brings on board her huge wealth of expertise in banking from Zenith Financial institution Plc to make sure professionalism.

She has obtained certifications in World Enterprise from the Havard Enterprise Faculty, the Polished Skilled Certificates from the British Faculty of Etiquette and likewise Frankfurt Faculty of Finance & Administration, Germany Certification in view.

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