KASEDA has announced that 111 beneficiaries under the KASEDA/Bank of Industry (BOI) Interest-Free Loan Initiative have been successfully verified, with their offer letters now ready for signing ahead of disbursement.
According to the Katsina State Enterprise Development Agency, a total of ₦254 million will be disbursed to the verified beneficiaries to support Micro, Small, and Medium Enterprises (MSMEs) across Katsina State. The agency said the move is aimed at expanding access to finance, encouraging entrepreneurship, and stimulating sustainable economic growth within the state.
“All verified beneficiaries are advised to visit the Bank of Industry from Monday, 2nd February 2026, to sign their offer letters and complete the necessary processes for loan disbursement,” the agency stated.
KASEDA also disclosed that documentation and verification exercises are still ongoing for additional companies captured in the first and second lists earlier published on its official website, assuring applicants that updates will be communicated.
Speaking on the development, the Director General of KASEDA, Dr. Babangida Ruma, reaffirmed the agency’s commitment to supporting small businesses. He said the initiative is designed to ensure MSMEs receive the financial backing needed to expand operations, create jobs, and contribute meaningfully to the state’s economy.
The agency added that the programme is being implemented with the support of His Excellency, Malam Dikko Umaru Radda, PhD, CON, Executive Governor of Katsina State, noting that the administration remains focused on empowering MSMEs and driving economic growth across Katsina State in the state.
