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

Post a Comment

Popular posts from this blog

Vodafone sells 45% shares in Verizon for US$130 billion

Vodafone has sold its 45% stake in Verizon Wireless to US telecoms group Verizon Communications in one of the biggest deals in corporate history. The US$130 billion (£84bn) deal was announced by Vodafone after the close of trading on the London Stock Exchange. The company will return £54 billion to its shareholders, of which £22 billionn will go to shareholders in the UK. Vodafone will also invest money in its business, with funds earmarked for high speed mobile phone networks. It said that by 2017 its main five European markets would have almost complete 4G coverage. Possibly it would be wrong to carp and wring hands that Vodafone won't be paying a penny of tax to the British taxman” Vodafone group chairman Gerard Kleisterlee said: "The transaction will position Vodafone strongly to pursue our leadership strategy in mobile and unified communication services for consumers and enterprises, both in our developed markets and across our emerging markets businesses." The...
Post a Comment
Read more

Shortage of weighing cards hit major hospitals in Accra

By: Fred Yaw Sarpong- Daily Express There is scarcity of Child Health Records Book (weighing cards), in some major public hospitals in the capital, information reaching the Daily Express indicates. Checks by this paper revealed that while some of the hospitals have being encountering the shortage for about a year now, others started experiencing it six months ago. In place of the Child Health Record Book (weighing card), the nursing mothers are given a single card on which information of children are recorded on it. Those hospitals identified are the Korle Bu Teaching Hospital, Korle Bu Polyclinic, Kaneshie Polyclinic, Adabraka Polyclinic and the Ridge Hospital. At the Korle Bu Teaching Hospital, the nursing mothers are given yellow cards in place of the weighing cards. The Public Relations Secretariat at the Korle Bu Teaching Hospital said such information has not come to their notice and for that matter they cannot comment on it. “We do not have some ...
Post a Comment
Read more

ABL launches chibuku super in Bolgatanga

By: Fred Yaw Sarpong sarpong007@gmail.com Accra Brewery Limited (ABL) has officially launched the Chibuku Super drink at Bolgatanga in the Upper East region with the aim of reaching a lot of customers. Mr. Thomas Nii Ponku, Supervisor in charge of Chibuku Super at ABL told Daily Express that the management decided to launch the Chibuku Super drink in the Upper East region because they’ve realized it is similar to a traditional drink in the region. “Chibuku is like a well developed pito, a traditional drink made from fermented millet or sorghum in the Northern part of Ghana. So the idea is to provide them with similar drink,” he added. Mr. Nii Ponku disclosed this when members of the Institute of Finance and Economic Journalists (IFEJ) toured the facility of ABL to acquaint themselves with the expansion project at the factory. He mentioned that after a feasibility study, they realized there is a potential market for the product in the northern part of Ghana ...
Post a Comment
Read more