Umuchinemere Pro-credit Microfinance Bank jointly administered ₦500,000 startup loans to each of the 27 graduating trainees of Mary Agro Farms Institute at the Institute’s 6th graduation ceremony held on Friday, May 22, 2026, at the Auxiliary Bishop, Most Rev. Ernest Obodo’s residence at Udi, Enugu.
The loan disbursement, totaling ₦13.5 million, was part of a monitored start-up fund and soft loan package designed to ensure graduates of the six-month agripreneurship program leave with both capital and confidence to launch sustainable agro-ventures.
The ceremony was attended by key stakeholders, including the Vice-Chancellor of Godfrey Okoye University, Very Rev. Fr. Prof. Christian Anieke, and the Diocesan Chancellor, Very Rev. Fr. Wilfred Agubuchie.
Speaking at the event, the Founder of Mary Agro Farms Institute, Most Rev. Dr. Ernest Obodo, noted that the funds were jointly administered by Mary Agro Farms Institute and Umuchinemere Microfinance Bank to guarantee professional oversight, monitoring, and recovery in line with best financial practices.
The partnership reinforces UPMFB’s commitment to grassroots economic empowerment, youth development, and agricultural transformation. Through this collaboration, the bank ensures that each agripreneur receives not just funding, but structured support to build viable businesses that strengthen food security.
The 27 beneficiaries completed intensive training in sustainable agricultural practices under the Institute’s program, run in affiliation with Godfrey Okoye University.
By Rev. Sr. Loveth Onwukwe {SCHC}
