SMALL AND MEDIUM SCALE FINANCIAL

These products are available to support small and medium scale enterprises financing. The products are divided into Small and Medium scale business.

Helping  Others  Promote  Enterprises (H O P E)

1. Thrust

In line with the bank’s mission, HOPE  is specifically designed to capture the presently unbanked sector of the economy; bringing HOPE to this sector for  its inclusion into the formal banking and financial system through Credit and  Retail Financial Services to Small- and Medium-scale Enterprise (SME)      development.

2. Objectives   

· To provide financial and banking solutions for Small- and Medium-scale Enterprises
· To establish a foothold in the Small- and Medium-scale Enterprises      segment as an integral part of the national economy
· To support the Government’s commitment on creating job opportunities and the development of skills and trades.

3. Target Group   

· Individuals doing petty trading (Garri, Rice, Palm Oil, Used Clothing, Fish    Mongers, etc.)
· Shop Owners, Community Based Development and Trading Organizations, Registered Small Businesses, etc.
· Transport Operators, Petroleum Dealers, Medium-Sized Enterprises,  Organizations and Cooperatives.

4. Goal   

To complement national efforts at providing financial services to Small- and Medium-scale Enterprises that will improve the lots of sierra Leoneans and to support the bank’s vision of empowering Sierra Leonean commerce.
Details of the products and other services can be obtained from the bank’s branches and outlets countrywide.

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