The Amansie Rural Bank PLC is providing funding support for micro, small and medium enterprises in its operational communities in the Ashanti Region.
The initiative, in partnership with the German government, through GIZ, focuses on building skills and providing valuable resources to support local craftsmanship and foster economic growth in the communities.
The Amansie Rural Bank PLC launched the Flexi Cashflow MSME Business Loan product to empower growth in the sector.
This innovative product aims to address key financial challenges, unlock growth potential and empower entrepreneurs to upscale their businesses.
Chief Executive Officer, Fredrick Kwakye Kyei, stated that the Bank is dedicated to empowering artisans and supporting individuals, businesses, groups, and unions in their efforts to expand and thrive.
He stated that the design and implementation of the loan are essential for creating jobs and transforming communities, noting that the interest on the loan is very low, compared to the other banks.
Mr. Fredrick Kwakye emphasised the potential of this loan product to grow in the coming years, actively fostering the development of the micro, small, and medium enterprises throughout the Ashanti Region and beyond.
Manager of the GIZ program, Cynthia Odonkor, emphasised the Flexi Cashflow Business Loan is an excellent opportunity to stimulate growth, drive innovation, and enhance business performance, which in turn will strengthen the economy.
She says GIZ is dedicated to providing artisans with the essential capital they need to thrive and contribute positively to their communities.
