In response to escalating food insecurity and its economic impact, Doje Microfinance Bank is spearheading efforts to boost agricultural activities, particularly targeting farmers and businesses in underserved areas.

The Chairman, Olamiposi Alao, emphasised that the initiative centered on financial inclusion by enhancing rural dwellers and farmers’ access to capital, noting that access to capital is crucial to driving local development and alleviating poverty.

Alao highlighted the bank’s commitment to integrate digital solutions and data analytics to optimise operational efficiency and expand outreach to marginalised communities.

“We aim to address the unique challenges faced by rural farmers and businesses by offering specialised financial products such as low-interest loans, micro-insurance and savings plans. This approach is designed to curb food insecurity in the country.”