263 Businesses Have Received The MSME Recovery Fund Alert

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LSETF 263 businesses paid MSME Recovery fund

263 businesses that were looted during the curfew period of the #EndSars protest have been paid according to the Lagos State Employment Trust Fund, LSETF.

According to them, 4,075 businesses applied for the Lagos State MSME Recovery Support Scheme and as we write, 3,807 businesses have been verified and 1,188 have been approved to be paid.

The first batch of payment which covers 263 businesses have been done successfully while the second batch payment will commence soon.

Meanwhile, the LSETF has opened an initiative for Female entrepreneurs to access loan facility of up to N5 million under the LSETF W-Initiative.

Also read:  THE FUTURE OF SMEs IN NIGERIA

Are you a female entrepreneur residing in Lagos State, you can access the funds HERE

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