RFS launched a D100M Project Called “Dolel Jigen” at KMC
By Tida Jaiteh
Reliance Financial Service (RFS) launch a product called “Dolel Jigen” in the Kanifing municipality on Wednesday at the KMC conference hall. Women in the municipality can benefit from start-up capital with a minimum amount of D1000 and to a maximum of D15000 with flexible payment plans.
Musa Bah Deputy Mayor of KMC told the gathering that RFS came up with the program through the Lord Mayor Ahmed Talib Bensouda due to his efforts in the development of the municipality and the country at large.
Development cannot take place without finance, it was for this reason, that the Mayor in collaboration with RFS is providing these opportunities to the women folk in the municipality.
Alh. Baboucarr Khan Managing Director of RFS said these women gave us confidence and that is why we are giving them support. He said the program is in existence in other parts of the country for years now. We collaborated with KMC in order to help women in this municipality too.
We started by granted women with a total of D24million, and now we are scaling it up to D100 million to women within the Kanifing municipality. He added that this is just the beginning of the program, it could be bigger tomorrow where many citizens could benefit from it.
Anna Jobe Branch Manager said they started this program in the provinces, investing more than D400,000,000 in 4years with a success. We belief if women in the provinces are able to make it, therefore women in the Kanifing municipality can do it better she added. “We are supporting women to enable them manage their families and businesses”. She highlighted that helping women is equivalent to helping the whole nation.
We are launching this product to help in the socio economic development of the Gambia in one way, Jobe vouched that women at the Serekunda market are examples of beneficiaries of this product. She said lot of them are expanding their businesses today as a result of Reliance Financial Service. We want to see all women engaged in small scale businesses to expand their businesses, “we give them grants without requesting for collateral”.
Awa colley a beneficiary of the product testified that they were given grants to expand their businesses and were not asked to provide collaterals. Thank God today our businesses have expanded immensely. Before we travel to Senegal with small amounts of capital but now Reliance’s support is helping.