Lagos State is partnering Opay and Cowry Wise financial services to make loans available to indigent women traders, Special Adviser to the governor on Sustainable Development Goals (SDG), Dr. Oreoluwa Finnih-Awokoya, has said.
This, she said, will boost their capital and they can be literate to key into the state’s financial inclusion system.
Finnih-Awokoya, at a news conference, said it is part of her mandate to promote human capital by eliminating financial exclusion
To benefit, the women must have National Identification Number and Lagos State Resident Registration Agency (LASRRA).
She said: “Collaboration is the approach to private partnership, and this is why the SDG approached them. Nevertheless, we invite institutions to join us in this human capital development.
“Human capital development matters reflect strength of society because it is meant to ensure growth. …”
Representative of Opay, Adedotun Adekunle, said this is meant to get people into the financial ecosystem.
“It is what we do, to get many into the financial ecosystem, get them educated and empowered to do business to earn a living,” he said.
Representative of Cowry Wise, Oyeyinka Oyekan, said the firm’s objective since 2017 is to make savings and investment accessible, regardless of background.