The launching ceremony took place over the weekend at Compound #1 Town Hall in Grand Bassa County.
Speaking at the occasion, Rep. Barchue disclosed that the loan scheme is intended for three counties including Montserrado, Grand Cape Mount and Grand Bassa.
According to him, the loan is provided by the Central bank of Liberia (CBL) to be given to those three counties citizens’ specifically business people.
He said the loan process will begin in Grand Bassa County for now and will shortly be taken to the other two counties so that other beneficiaries will have advantage of the exercise as well.
Rep. Barchue further indicated that the microfinance loan is intended to improve the lives of citizens of the three counties who are involved in business and will also help people improve their business status.