Microsavers Bank (MSB)/ Rural Bank of Malinao (Aklan), Inc., had its “ Launching of Small Business (SB) Corporation’s Macro, Small and Medium Enterprises (mSMe) Loan Facilities’’on Sept . 2, 2010. The program was held from 9:00 to11:00 a.m. at the mezzanine floor of the Bread & Butter store at XIX Martyrs St. Kalibo Aklan.
Atty. Lolly N. Zaulda,. MSB,Head of Operations, welcomed and acknowledged the participants. Engr. Diosdado P. Cadena, Jr., Provincial Director of the Department of Trade and Industry (DTI) Aklan Provincial Office, gave an inspiring message. Engr. Cadena further mentioned that access to financing is one of the mSMEs’ main problems. He also informed the audience of the DTI’s programs for the mSMEs like one of its flagship, the engineered bamboo. Mr. Guidon I. Dela Cruz, RB Malinao’s president, informed the participants on the bank’s Lending.
The highlight of the program was the Orientation on SB Corporation’s Loan Facilities/Windows for mSMEs, presented by Ms. Julie Jean S. Tidon, Chief – Accounts Management Specialist, SB Corporation – Visayas Group.
Microsavers Bank is true to its commitment to help create a better business environment for the mSMEs. Hence, it is intensifying its effort in disseminating the various lending programs it offers, like SB Corporation’s SME Wholesale Lending Programs and Wholesale Lending Window for Graduating Micros Barangay Micro Business Enterprises (BMBEs).
Nineteen (19) participants attended the activity, comprised mainly of the mSMEs. An open forum was facilitated by Mr. Dexter I. Iremedio, Manager of RB Malinao. Some of the participants requested an immediate one-on-one meeting with Mr. Iremedio for further information.
As of this date, Microsavers Bank is the only rural bank in Aklan accredited by SB Corporation to lend out to the mSMEs, on retail basis these mentioned lending programs./TE
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