Microcredit: FCMB Supports Rotary Club Of Lagos To Empower 200 Widows

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First City Monument Bank (FCMB) has announced its support for a significant service project by the Rotary Club of Lagos, District 9112, aimed at empowering over 200 widows through micro-credit and skills acquisition.

This initiative is a testament to FCMB’s unwavering commitment to promoting women’s empowerment and financial inclusion, fostering sustainable development, and enhancing national cohesion.

The announcement was made during the installation ceremony of Adetunji Lamidi as the 64th President of the Rotary Club of Lagos.

The event, held recently in Lagos, highlighted the club’s persistent efforts to broaden its community impact and
showcased its dedication to service and leadership.

In his inaugural address, President Lamidi detailed the club’s ambitious goals for the forthcoming year, focusing on community development and support.

“Our goals for the year are audacious, yet achievable,” Lamidi stated. “We plan to commission a secondary school in Iboku Aro village, support over 200 children, empower 200 widows, and donate five incubators to general hospitals in Lagos. We’ve already donated infant incubators to Island Maternity as our first project for the year.”

The Managing Director of FCMB, Mrs. Oluyemisi Edun, emphasized the bank’s commitment to supporting the Rotary Club’s initiatives in her remarks.

“FCMB views the Rotary Club as a vital platform for driving inclusion, national cohesion, and sustainable development,” she said.

“We are delighted to support the club in empowering over 200 widows through micro-credit and skills acquisition under the new leadership of Rotarian Adetunji Lamidi.”

Lamidi also announced strategic plans to significantly increase the club’s micro-credit fund to ₦20 million, aimed at supporting five markets across Lagos.

“We currently support the markets in Gbagada and Oke-Arin, and we aim to expand to five other communities,” Lamidi
said.

“Additionally, we will build five bore-hole projects to ensure access to clean water and provide annual scholarships for 20 university students across Lagos, thereby promoting educational advancement and community well-being.”

The partnership between FCMB and the Rotary Club of Lagos exemplifies a collaborative effort to create a sustainable, positive impact on the lives of widows and other vulnerable groups in the community. This initiative aligns with the broader mission of the Rotary Club to serve humanity and improve living standards through targeted, impactful projects.

The Rotary Club of Lagos, under the visionary leadership of President, Lamidi, continues to set new benchmarks in community service and leadership.

The club’s comprehensive projects are designed to address critical needs, promote economic empowerment, and enhance the quality of life for residents of Lagos and beyond.

The club calls upon all stakeholders, partners, and community members to join in these transformative efforts and support the initiatives aimed at uplifting and empowering the community.

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