Dalex equips Makola traders with financial literacy skills

Dalex Finance has equipped traders at Makola Market within the Central Business District of Accra with financial literacy skills as part of a broader measure to reduce the gap between players in the informal and the formal sector.


The traders were equipped on sound financial decisions, budgeting, investment, credit, and debt management.


Mr Joe Jackson, Director of Business Operations at Dalex Finance, who facilitated the training organised at Makola Market said discipline and consistency in savings and investments is vital in the effort.


He said Dalex Finance recognizes the facts that many of the operators in the informal sector especially traders at the various markets across the country are financially excluded.


“They are often looking for loans and funds to boost their trade but do not know that they could simply invest a little money and use it as collateral to get a bigger fund to grow their businesses.


“This is partly the reason we are introducing them to Dalex SWIFT, our contributory investment product, which offers them the platform to save and take control of their businesses and lives.


“Our plan is to replicate this training monthly for women and traders from all the major markets and identifiable groups of entrepreneurs,” he said.


The training which was organised in partnership with “Give Back Africa Foundation,” a non-governmental organisation also focused on training women and youth in enterprise skills and financial literacy through a gradual change of mind set and behaviour.


Dalex Finance, established and licensed by the Bank of Ghana (BoG), is wholly Ghanaian owned and operated firm.


Over the last four years, the company’s turnover has grown by over 100 per cent on a compound annual basis and has a nationwide operation.



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