The Rivers State Microfinance Agency, locally referred by its abbreviation RIMA, is a government body providing a range of services including financial, business and social support to institutions such as microfinance banks and entrepreneurs who lack access to adequate income in Rivers State. The agency was formed with the enactment of the Microfinance Agency Law No. 6 of 2008 by the Rivers State House of Assembly. The agency's primary purpose is to create employment and reduce poverty. Among its objectives are "developing human capacity and instituting a sustainable framework of reaching out to the active poor."
RIMA has delivered 388 million in micro-loans to about 884 beneficiaries across the state's 23 local government areas through its partnership with microfinance banks. In 2010, RIMA underwent a restructuring process which was aimed at improving its overall performance.[1]
As of April 2016, the current Chairman of the agency is Rt. Hon. Austin Opara. The immediate past Managing Director & Chief Executive Officer was Ipalibo W. Sogules. He was recently sacked by Governor Nyesom Wike on fraud related charges.
^. Riversstate.gov.ng. Archived from the original on 28 May 2013. Retrieved 11 May 2015.
External links
Official website
August 22, 2023
rivers, state, microfinance, agency, locally, referred, abbreviation, rima, government, body, providing, range, services, including, financial, business, social, support, institutions, such, microfinance, banks, entrepreneurs, lack, access, adequate, income, r. The Rivers State Microfinance Agency locally referred by its abbreviation RIMA is a government body providing a range of services including financial business and social support to institutions such as microfinance banks and entrepreneurs who lack access to adequate income in Rivers State The agency was formed with the enactment of the Microfinance Agency Law No 6 of 2008 by the Rivers State House of Assembly The agency s primary purpose is to create employment and reduce poverty Among its objectives are developing human capacity and instituting a sustainable framework of reaching out to the active poor Rivers State Microfinance AgencyGovernment agency overviewFormed2008JurisdictionGovernment of Rivers StateHeadquarters3 Evo Crescent New GRA Port HarcourtParent departmentMinistry of FinanceWebsitewww wbr rima wbr com wbr ngRIMA has delivered 388 million in micro loans to about 884 beneficiaries across the state s 23 local government areas through its partnership with microfinance banks In 2010 RIMA underwent a restructuring process which was aimed at improving its overall performance 1 As of April 2016 the current Chairman of the agency is Rt Hon Austin Opara The immediate past Managing Director amp Chief Executive Officer was Ipalibo W Sogules He was recently sacked by Governor Nyesom Wike on fraud related charges Contents 1 Chairpersons 2 See also 3 References 4 External linksChairpersons EditEvans E WoheremSee also EditList of government agencies of Rivers State Rivers State Ministry of FinanceReferences Edit Rivers State Microfinance Agency RIMA Riversstate gov ng Archived from the original on 28 May 2013 Retrieved 11 May 2015 External links EditOfficial website Retrieved from https en wikipedia org w index php title Rivers State Microfinance Agency amp oldid 1101977476, wikipedia, wiki, book, books, library,
