The Nigerian Association of Small-Scale Industrialists (NASSI), Federal Capital Territory (FCT) Chapter will soon launch a micro-finance bank with capital totaling USD 162,946,729 through a private placement. The NASSI is a private sector organization founded in 1978 and registered under the Land Perpetual Succession Act. It was organized to promote grassroots economic empowerment, facilitate the creation of employment, and increase the productivity of micro and small industrialists through advocacy programs, and information and communication networking. NASSI does not report to the MIX Market, the microfinance information clearinghouse and no other information is publicly available about its performance.
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