The Microfinance and Small Loans Center (MASLOC) has announced intentions to support government’s One-district-one factory policy.
The CEO of MASLOC Stephen Amoah has said that his outfit will provide soft loans for people who would want to sell products from factories to be established under the policy.
MASLOC is a microfinance apex body responsible for implementing the Government of Ghana’s microfinance programs targeted at reducing poverty. Amoah told Starr Business MASLOC is poised to support SMEs grow their business.
“We will be ready to sell products from some of these factories they might not be able to get capital to start with they can have capital from MASLOC to enable them purchase from the companies so that they can go and retail.
“We will also go a bit beyond our jurisdiction by ensuring capacity building so that these entrepreneurs will acquire new and requisite capabilities and skills in managing the small capital that will be given to them,” Mr. Amoah noted.
MASLOC provides micro and small loans for start-ups and small businesses with fast, easy and accessible microcredit and small loans to grow and expand their businesses as well as to enhance job and wealth creation.
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