Union Savings and Loans has officially launched an SME clinic to educate individuals and business entities who have or dont business plans to build upon.
The SME clinic according to the managing director of Union Savings and Loans, Mr. Philip Oti- Mensah, would provide resources persons who would dedicate their time to break down complex business plans into the smallest unit for businessmen to understand.
Small and medium enterprises and businesses with more than five to 200 employees are encouraged to enroll with the Union Savings and Loans SME clinic.
In terms of asset size, we are looking at institutions with an asset size of up to GHC 2million...in terms of credit capacity; we are looking at loan amount of up to GHC 2million. We recover all sectors. We know that the service sector contributes up to 50% of gdp so that is the sector we are really focusing on. We dont want to only build businesses which are already SME in definition but also others that can become SMEs, he said.
He explained that the serene facility could also be used for days by people who after studies find it hard to digest.
The SME clinic would also track the development of business companies that take advantage of it. Aside this, Mr. Oti Mensah adds that a data base would also be created to share information.
Check the Photos below
Staffs of Union Savings and Loans take a photo
Mr Oti Mensah speaks to the Press at the Official Launch
Official Launch Of Union SME Clinic
A serene environment within the Clinic
The Union SME Clinic has a spacious conference room
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