Skip to main content

MASLOC beneficiaries in the W/R commend President Mahama

Traders in the Western Region have expressed gratitude to President John Dramani Mahama and the Chief Executive Officer of Microfinance and Small Loans Centre (MASLOC), Mrs. Sedina Tamakloe Attionu for supporting them financially.

They said the assistance would empower them to expand their businesses and improve their livelihood.

The traders made this commendation when MASLOC through the intervention of President Mahama disbursed loans totalling GHc36,800.00 to them in 11 constituencies of the Region.
The amount was given to 37 groups made up of 924 beneficiaries.

They said they had never thought that such an opportunity would be falling them since there were equally millions of Ghanaians who were looking for the MASLOC intervention.

The traders pledged their commitment to follow all the regulations attached to the loan facilities.

Mrs. Attionu, the Chief Executive Officer of MASLOC, said women played a vital role towards the development of the economy adding that President Mahama in a number of occasions had made it clear to Ghanaians that, he would do everything possible to support Ghanaian women to be self-reliant.

Mrs. Attionu entreated the traders to make judicious use of the loan facilities so that they could pay back on schedule for others to also benefit.

She warned that MASLOC loans were not gifts but rather, a revolving fund that went round through their effort in paying back for other traders to benefit.

Mr. Daniel Axim, the operations Manager of MASLOC, disclosed that it was only the outfit of MASLOC that could provide traders with as low as two per cent interest.

MASLOC loans are in line with government’s efforts to reduce poverty and empower women in their communities across the country.

The fund over the years has established itself as a microfinance institution that disburses micro and small loans to the identified poor in the various sectors of the Ghanaian economy.

MASLOC have also provided business advisory services, training and capacity building for small and medium scale enterprises as well as collaborating institutions, to equip them with the required skills and knowledge in managing their businesses efficiently and effectively.

GNA


Comments

Popular posts from this blog

Deputy AG sues Facebooker over 'malicious' Ameri deal

The Deputy Attorney-General and Member of Parliament for Bolgatanga East, Mr Dominic Ayine has filed a defamation suit at an Accra High Court against a Facebook commentator, Evron Hughes.
In Mr Ayine’s statement of claim, sighted by Graphic Online, he accused Mr Hughes of defaming him in a post he authored and published on Facebook on December 21, 2015, titled “RE: AMERI TRANSACTION”.
According to the Deputy A-G, the “false and malicious” post has provoked “public disaffection” against him and exposed him to public ridicule and contempt.
Describing Mr Hughes as a “self-styled social media blogger and a social commentator”, Mr Ayine said the Facebook post had brought his hard-won reputation “as a respected politician, teacher and lawyer” into “hatred, ridicule, odium, discredit, contempt, opprobrium and reproach”.
The Deputy A-G said the “defamatory words” were authored with the sole intent to reduce him in the estimation of all right thinking Ghanaians, adding that he had received numerou…

Meet Ghanaian female shoemaker

The Saint Ozwald shoe brand

By: Fred Yaw SARPONG
The Daily Express

From her humble beginning in Sunyani in the Brong Ahafo region, a senior high female graduate from the Twene Amanfo Senior high in the Brong Ahafo Sunyani and a Ghanaian now boasts of being one of the most popular Made-in-Ghana shoe brands and has the most number of celebrity endorsements.
Sandra Ozwald, CEO of Saint Ozwald

After Sandrah Ozwald completed school in 2013, her parent couldn't have enough money to help her continue school so she planned to do something for herself by selling ice cream, groundnut cakes or food. Back at the senior high, Sandra used to make groundnut cakes, condensed toffees and ice cream to support herself since her mother couldn't provide all for her.

With 12 siblings and the only girl child (2nd born) among them, and whiles planning which of these to sell, Sandra attended a friend’s wedding and the grooms shoe looked so attractive to her.

According to her, the groom’s shoes were Ma…