The Rivers State Microfinance Agency (RIMA) has announced plans to establish microfinance bank branches in each of the state’s three senatorial districts, aiming to expand access to loans in rural communities.
Managing Director Pastor Jonathan Tobin disclosed the plans in an interview, saying the initiative is part of Governor Siminalayi Fubara’s drive to boost small businesses across Rivers State. He noted that loans will be available to all eligible applicants capable of repayment, but drivers will be excluded from the scheme.
Pastor Tobin also revealed that RIMA intends to automate its processes to sustain progress, improve efficiency, and detect fraud among borrowers, reinforcing transparency and accountability in the loan program.
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