Supporting SME activities
SMEs contribute over 12% to the national gross domestic product according to Bank Windhoek.
Small and medium enterprises play a vital role in Namibia's economy with one in five people being employed in the SME sector. Not only do they create jobs, but they also raise the standard of living of many Namibians which alleviates poverty. SMEs also empower women and youth within the community.
The manager at the emerging and small and medium enterprises (ESME) finance division, Mbo Luvindao shares what Bank Windhoek has to offer through its mentorship programme.
“Bank Windhoek's ESME division's ultimate goal is to see an increased number of small and medium enterprises grow into sustainable businesses and provide longevity,” said Luvindao.
According to him, as an SME customer, Bank Windhoek's mentorship programme is available to successful SME finance applicants. This is a 10-month targeted programme directed at helping the SME build capacity by improving business management skills. The mentors focus on assisting the business to improve areas such as bookkeeping, pricing strategies, marketing, human resources management and other practical business skills.
“We help entrepreneurs realise their dream of owning a business. We do this by providing financing to both start-ups and existing businesses. Bank Windhoek's ESME finance branch offers a variety of products that are tailor made for small and medium enterprises,” said Luvindao.
“No matter how small your business, we will help you achieve new heights with all-inclusive services,” Luvindao concluded.
STAFF REPORTER
The manager at the emerging and small and medium enterprises (ESME) finance division, Mbo Luvindao shares what Bank Windhoek has to offer through its mentorship programme.
“Bank Windhoek's ESME division's ultimate goal is to see an increased number of small and medium enterprises grow into sustainable businesses and provide longevity,” said Luvindao.
According to him, as an SME customer, Bank Windhoek's mentorship programme is available to successful SME finance applicants. This is a 10-month targeted programme directed at helping the SME build capacity by improving business management skills. The mentors focus on assisting the business to improve areas such as bookkeeping, pricing strategies, marketing, human resources management and other practical business skills.
“We help entrepreneurs realise their dream of owning a business. We do this by providing financing to both start-ups and existing businesses. Bank Windhoek's ESME finance branch offers a variety of products that are tailor made for small and medium enterprises,” said Luvindao.
“No matter how small your business, we will help you achieve new heights with all-inclusive services,” Luvindao concluded.
STAFF REPORTER
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