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#EndSARS: Access Bank to support SMEs with N50bn interest-free loans

#EndSARS: Access Bank to support SMEs with N50bn interest-free loans
October 24
18:01 2020

Access Bank has announced a N50 billion support in form of interest-free loans and grants to small and medium-sized enterprises (SMEs) to support the rebuilding of businesses affected by #EndSARS protests.

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The bank disclosed this information via its Twitter handle on Saturday.

The peaceful #EndSARS protests has degenerated into chaos with reports of vandalisation and looting of businesses across the country.

The bank said helping businesses recoup their losses was its ‘responsibility and duty.’

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“The events of recent days and weeks have been a difficult period in our country’s history. We have all been anxious, worried, and pained at what we have seen in the media and what we have heard from our customers, our colleagues, and loved ones,” the statement read.

“As one of Nigeria’s largest businesses serving every part of our society, it is our responsibility and duty to make a difference. Corporates cannot simply stand by and send messages of solidarity, and go back to ‘business as usual’ without helping get their customers and communities back on-track.

“Supporting business, large and small, is in our DNA and in recent years we have seen entrepreneurial spirit that filled us with hope and confidence in the future. Our young technology entrepreneurs have been building businesses that are celebrated globally and we have seen SMEs flourish and innovate across the country.

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“There has been a setback on this journey and we feel the hurt of our nation. We are committed to restarting businesses quickly but even more importantly to ensure we come out of this stronger and more successful together.”

 

7 Comments

  1. Goodspeed
    Goodspeed October 25, 16:55

    How do we access the new Access Bank free internet loan.. Am a physical challenge Young Entrepreneur

    Reply to this comment
    • Sas
      Sas October 26, 11:03

      Good morning access bank, how can someone get to access of this internet free loan program?? Thank you

      Reply to this comment
      • Bolamint
        Bolamint November 07, 10:30

        Please what is the link to access the free interest loan,
        Please I want a clarification,is kuda bank,under Access bank,I have a account with them.

        Reply to this comment
  2. Adenike
    Adenike October 26, 11:33

    pls how do access the loan, am an entrepreneur in poultry

    Reply to this comment
  3. Arabmoney
    Arabmoney October 27, 02:28

    Pls am ukah chukwudi

    Reply to this comment

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