Obuasi SMEs get credit package

Golden Pride Savings and Loans Limited, an Obuasi-based financial company has made available a GH¢4.5-million credit package for small and medium scale enterprises (SMEs) in the Obuasi municipality to assess and facilitate growth of the industry.

A company dedicated to private sector growth, Golden pride said the facility was meant to aid the expansion and viability of the SMEs.

This was disclosed by Peter Frazier Owusu-Kusi, Senior Manager in-charge of Credit and Operations at Golden Pride when he received a citation on behalf of the company for its contribution to private sector and youth development as well as leadership training at Obuasi.

Placenta Leadership Foundation, a non-governmental organisation (NGO) made the presentation.

He said apart from the credit package, the company was assisting the SMEs to adopt best business management practices to make them more competitive.

Golden Pride has its main office at Obuasi with branches at Tarkwa, Sunyani and Accra.

Mr. Owusu-Kusi spoke of plans to establish a strong presence in Kumasi to bring its services to the business community in the metropolis.

Mr. Collins Preko-Nyarko, the Human Resource Manager, said as a responsible corporate citizen, it had been providing support to education and health development.

The company, he said, had put customer care at the centre of its activities and would continue to introduce innovative products to meet their financial needs.

Mr. Peter Ampofo, the Executive-Director of the Foundation, gave the company high marks for its immense support towards creating jobs and wealth to grow the economy.

He expressed the determination of the Foundation to work with corporate institutions to empower and change the economic situation of the people, especially the youth.

GNA

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