National Association of Cottage Industrialists of Nigeria
NACIN has achieved allot we are now in 8 State with 1,200 members each, and our associate is a member of the working committee of the African Continental Free Trade of the African Union, and we are now in 10 African countries some of the countries are Ghana, America, Sierra Leon, Kenya, Gambia, Senegal, Liberia, etc.
National Association of Cottage Industrialists of Nigeria Was started 2nd of November 2000 in Oyo State and today we are in 8 States and we are working on 500 in each local government of Nigeria Nationwide to Train and Empower with grants and Loan for 980,000 Nigerians before the year 2023.
We have Nationwide Registration with the Association of Non-bank Microfinance Institution of Nigeria under the Central Bank Of Nigeria, as a Microfinance Institute that will be Operating on Savings, Thrifts & Loan with single Digit to all our members & the general public nationwide. We have support from the Standard Organisation of Nigeria to give certificate Approved to our members’ product with just N30,000, also SON/MANCAP certificates.
We have the right now to regulate our members’ product with our Trademark Logo for exportation and 12 African countries have keyed into it. The Association will start their Training programme in The National Cottage Industrialization Training Programme from State to State in partnership with the approval of Successory Nig Ltd for our members to have access in the AGMENS Loan after they pay back our Starting capital and after managing the business for three months with Grant, our Members will have access to starting capital from CIMFinance our Microfinance Institute.
The Nigerian Productivity Centre is our Parent body now to manage and regulate the Association and implement our Policy, under the supervision of the Chairman of Council.
We have the National Executive Council in place and the National Meeting with becoming up two times a year with the Federal Government body.
We are also a member body of the Nigerian Labor & Trade Union Congress, Shippers Association Nationwide for the exportation of our product, Nigerian Export Promotions Council has helped in the area member product Bar code, Batch No, And getting the offtake of our products with this N1 will become $2 -before the year 2030.
The Association has established the microfinance institute named Cottage Industry Microfinance Institute they have been operating for three years now based in Niger State, and project of the microfinance Bank in progress before the year 2021 named People’s Microfinance Bank Ltd is a unit MFB that will be based in Ondo State.
The Association has been taking to the next level based on the exportation of one locally Made Product we have registered the Association in America and many other African countries.