The leadership of the Savannah Region Association of Small scale industries has issued guidelines to its members in accessing government stimulus package to small scale industries that are hard hit as a result of the outbreak of the novel coronavirus pandemic in the country which has affected the progress of businesses.
President Akufo Addo, on April 5,announced a soft loan scheme of up to 600m Ghana Cedis for SMEs which would sustain the country’s affected industries and address the disruption in economic activities caused by covid-19 pandemic.
” Government , in collaboration with the National Board for Small Scale Industries, Business and Trade Associations and selected commercial and Rural banks , will roll out soft scheme up to 600 million Ghana Cedis which will have a one- year moratorium and two- year repayment period for micro, Small and medium scale businesses ” he stated.
The secretary of the Savannah Region Association of small scale industries, Mr Sumani Iddrisu told Yagbon News in an interview that one has to be a member of a business association within the Savannah Region to quality for the loan.
Read the full release by Savannah Region Association of Small Scale Businesses below.
SAVANNAH REGION AS PART OF THE BENEFICIARY OF GHC600M STIMULATED PACKAGE FOR SMALL AND MEDIUM SCALE BUSINESSES IN GHANA.
KINDLY USE THIS FORM FORMAT TO FILL TO ASSI SAVANNAH REGIONAL SECRETARY (SUMANI IDDRISU) 0243564356/0203514956. FOR SUBMISSION TO ASSI NATIONAL HEADQUARTERS, ACCRA.
All small and medium scale business enterprises interested to benefit from the said loan must fill the following to benefit from the loan of the 600million Ghana Cedis loan to small and medium scale businesses across Ghana by the Government on Conovic 19.
THIS FORM IS FOR ONLY SAVANNAH REGIONAL SMALL AND MEDIUM SCALE BUSINESS OWNERS IN THE REGION.
Name of the small and medium scale business owner:
Small and Medium Scale Business enterprise name:
Must apply individual small and medium scale businesses but must belong to an association or Union in your District or municipal in the Savannah Region.
NOTE: NOT FOR ASSI MEMBERS ONLY BUT ALL CAN BENEFIT FROM THE LOAN.
Send the information to me immediately on 0243564356 ON WHATSAPP.