IRFF recognizes the potency of Microfinance as a development tool, hence its adoption in addressing the problem of
poverty. The conferment of the 2006 Nobel Peace Prize on Dr. Muhammad Yunus, the Micro-Finance pioneer from
Bangladesh, confirms the importance of Micro-Finance in reaching the Millennium Development Goals. It was the same
year, 2006, that IRFF-Nigeria launched the program in Karu, Nassarawa State.
At this meeting they broke up into smaller groups and discuss their progress and problems. The group tried to work together to learn from each other’s progress and solving any problems. They also received basic education on the vision and work of IRFF and their achievements for world peace. At the end of the year, as a result of paying 125 afghani each week for 46 weeks, they will pay back the loan of 4,000 afghani plus make at least 1500 afghani ($30) in savings for them to keep.
