Description of Incentive Benefits
Plateau State Micro-finance Development Agency (PLASMIDA) initiates and develops support programmes and activities relating to Micro-finance Banks (MFBs) in the State
Year Introduced
2016
Legal Document/ Legal Reference Instrument
Section 11(a) of PLASMIDA Law 2016
Duration/ Mode
Continuously, subject to future amendments
Sector
MSME and Informal Sector
Federal or State Level
Plateau State only
Implementation Agency
PLASMIDA
Eligibility Criteria
i. Micro-finance Bank must be situated in Plateau State Micro-Entrepreneurs must be residents of Plateau State
Awarding Agency
PLASMIDA

Description of Incentive Benefits
PLASMIDA promotes and facilitates access to funds to existing Micro-Enterprises that will enhance their growth and development
Year Introduced
2016
Legal Document/ Legal Reference Instrument
Section 11(k) of PLASMIDA Law 2016
Duration/ Mode
Continuously, subject to future amendments
Sector
MSME and Informal Sector
Federal or State Level
Plateau State only
Implementation Agency
PLASMIDA
Eligibility Criteria
iii. Micro-finance Bank must be situated in Plateau State Micro-Entrepreneurs must be residents of Plateau State
Awarding Agency
PLASMIDA

Description of Incentive Benefits
PLASMIDA Law establishes Plateau State Micro-Finance Fund for funding Micro-Entrepreneurs in Plateau State by granting loans through MFBs in accordance with PLASMIDA guidelines
Year Introduced
2016
Legal Document/ Legal Reference Instrument
Section 16(1) of PLASMIDA Law 2016
Duration/ Mode
Continuously, subject to future amendments
Sector
MSME and Informal Sector
Federal or State Level
Plateau State only
Implementation Agency
PLASMIDA
Eligibility Criteria
i. Micro-finance Bank must be situated in Plateau State
ii. Micro-Entrepreneurs must be residents of Plateau State
Additional operational funds is provided by the Fund to MFBs who grant loans to entrepreneurs in the State in accordance with PLASMIDA guidelines
Awarding Agency
PLASMIDA