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Membership of
MSME FORUM

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The MSME FORUM

MEMBERSHIP

  • Associations of all MSME operators in Nigeria

    Associations of MSME operators in Nigeria, otherwise referred to as MSME BMOs, with over 41 million operators under them, constitute the bulk of the MSME FORUM's membership strength. They are drawn from all sectors – mining, agriculture, manufacturing, trading, cottage, banking and services.

  • Corporate/Institutional Membership

    Corporate/Institutional Membership made up of relevant ministries, departments and agencies, and development finance institutions that share similar aspirations with the organization and can impact on its mission and vision.

  • Women Cooperatives Membership

    Women Cooperatives Membership made up of women involved in agricultural activities, trade and services.

  • Honorary Membership

    Honorary Membership – made up of successful men and women from the academia and the industries for their positive impacts in the economic and industrial development of the country.

MSME FORUM

BENEFITS TO STAKEHOLDERS

In addition to the above general functions, the MSME FORUM will support specific stakeholders as follows:

  1. One stop shop to engage/harness information for planning towards the realization of their specific mandates.
  2. Pool of data for research in support of the economic development of the country.
  3. Platform for coordinated approaches to assisting MSMEs to contribute optimally to sustained economic growth and development.
  4. Achievements of vibrant and sound regulated institutions as MSMEs become more responsible in the use and repayment of facilities.
  5. Veritable channel to reach out to organizations to influence their individual members towards the implementation of guidelines, regulations and programmes.
  1. As more informal businesses migrate into formal, members' activities would boost robust banking habits and eventually get integrated into formal financial system for an enduring financial relationship and inclusion.
  2. Effective disbursement of credits or loans with support from the MSME FORUM, would enhance efficient monitoring and eventually, recovery of such loans from members.
  3. A reasonable financial flow into the capital market as a result of huge business inflow and outflow in the system as businesses grow and are formalized.
  4. Better training and sensitization will enable members to know some unidentified but valuable bank products that were designed for the benefits of MSME sector and effectively demand for them.
  5. Injection of more strength into the banking sector through training on the use of banking services like POS machines, simplification, ease and low cost of financial services.
  6. Spread of banking activities to rural areas through increased grassroots economic activities.
  1. Organized members for structured training programmes
  2. Pool of appraised and prioritized projects based on sound credit scoring as a basis for action by PFIs.
  3. Could undertake collaborative assessment of the sector challenges and mapping out collective strategies to address them.
  4. Database of beneficiaries and providing a ready pool of clients and planning to graduate them from one level/scale to the other.
  5. On the long run, acting as PFI through its MSME Bank.
  1. Enhanced interest to intervene in the Nigerian economy owing to improved confidence in the MSMEs.
  2. Increased opportunities for technical support, capacity and skills development for the MSMEs in Nigeria.
  3. Increased ability to identify areas where to invest resources and have the maximum technical cooperation's goals and objectives.
  4. Opportunity to identify promising businesses to link up for attachment, mentoring and business growth.
  1. Enhanced interest to intervene in the Nigerian economy owing to improved confidence in the MSMEs.
  2. Increased opportunities for technical support, capacity and skills development for the MSMEs in Nigeria.
  3. Increased ability to identify areas where to invest resources and have the maximum technical cooperation's goals and objectives.
  4. Opportunity to identify promising businesses to link up for attachment, mentoring and business growth.
  5. Maximization of development partner support for MSME growth and development.
  1. Opportunity to access government interventions on behalf of their members.
  2. Coordinated training programme from SMEDAN, ITF, NEPC, NIPC, SON, etc and through in house Training Department.
  3. Guidance for members to obtain required certification of their products in line with the laid down requirements from the relevant government agencies.
  4. Assistance to develop and transform into formal sector by giving them the right statutes.
  5. Assisting to explore export markets through collaborative efforts with the Nigeria Export Promotion Council, NEPC and Nigeria Export Processing Zone, NEPZ.
  6. Improvement in quality and packaging through in house training department and other relevant government agencies to meet international quality standards.
  7. Opportunity to sell, promote and advertise products and services both locally/ internationally through MSME magazine and online business platforms.
  8. Opportunity to participate fully at minimum or no cost in yearly trade fairs.
  9. Opportunity to compete for and receive or be recommended for award of different categories to outstanding business men and women.
  10. Access to buy shares in the proposed MSME bank tailored to enhance members businesses and endeavors.

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