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Magburaka, Northern Province, Friday 12 February 2021 – His Excellency President Dr Julius Maada Bio has unveiled the Munafa Fund in Magburaka, northern Sierra Leone, after directing Minister of Finance, Jacob Jusu Saffa, to pronounce Le100 Billion for the National Microcredit Scheme for 2021 to 2023 to support small and medium enterprises. “Under the leadership of the Ministry of Finance and the Ministry of Trade and Industry, experts consulted stakeholders, businesses, commercial banks, and even Non-Governmental Organisations, nationwide. We are therefore pleased today to launch the National Micro-Finance Programme, the MUNAFA Fund. “For the first three months of this 2021, Government is disbursing Le26.05 Billion to 11 financial service providers. These Financial Service Providers will then go on to lend money out to 4,100 beneficiaries targeted in every district,” he said. ....