WINDHOEK – Bank Windhoek is calling on small business owners to make use of its SME finance branch, which assists Namibians to start their own businesses. “If you have a business idea, be it construction, transport, manufacturing, franchising, retailing, or if you simply wish to expand your existing business, but lack the capital to do so Bank Windhoek can assist you to realise your business dream. Bank Windhoek has a variety of products tailor-made to suit your business needs. Bank Windhoek provides financing for viable enterprises and ventures that add value to the Namibian economy,” said Mbo Luvindao, Manager of the Bank Windhoek SME branch.
The bank says it understands that providing loans to SMEs is not enough, since most SMEs lack the management skills to run their businesses successfully. That is the reason why the SME finance branch has a mentorship programme, aimed at equipping SMEs with the financial knowledge to make a success of their businesses. The mentoring programme is an important component of the bank’s SME finance post-loan assistance and the mentoring is facilitated by Business Financial Solutions (BFS). Bank Windhoek has also forged successful partnerships with the Erongo Development Foundation, as well as the National Youth Council’s Credit for Youth in Business scheme, which enables small businesses to benefit from affordable finance and mentoring support. “If you have a business proposal, do not hesitate to contact Bank Windhoek’s SME branch. All proposals received are treated equally and assessed for their financial viability.
Bank Windhoek not only provides loans, but also provides mentorship to successful SME loan applicants to ensure that they acquire the necessary skills to run their businesses successfully,” said Luvindao, adding that the vision of the bank’s SME branch is to see an increasing number of SMEs growing into sustainable businesses.
By Staff Reporter