Moza presents financing solutions for MSMEs in Gaza

Moza Banco took part last Tuesday 26th October, in the 6th edition of the Conference "Know and Use SMEs Financing", which was held in Chokwé district, Gaza province. The event, organized by the Institute for the Promotion of Small and Medium Enterprises (IPEME), had the aim of sharing its financing lines, facilitating the interaction between the bank and MSMEs and also in assisting SMEs in the area of financial literacy.

The one-day event allowed Moza Banco to present its range of products and financial solutions suitable for the growth of Micro, Small and Medium Enterprises (MSMEs). As each business has its own specificities, Moza supports business treasury management through financing for investment and equipment acquisition, with highly beneficial conditions so that companies continue to grow.

The bank also presented several financing lines available at the moment with competitive interest rates, such as the Sustenta credit line from FNDS - National Fund for Sustainable Development, the Agro Garante credit line, the FSA - Food Security Fund (also known as the Kuwait Fund) lines, the USAID credit line aimed at financing agribusiness, and also the AGF and FECOP lines.

Speaking at the opening ceremony, the Managing Director of the Institute for the Promotion of Small and Medium Enterprises (IPEME), Joaquina Gumeta, began by reminding those in attendance that the Know and Use SMEs Finance Conference, is a platform which aims to make Micro, Small and Medium Enterprises aware of the several financing opportunities available for this segment of companies, considering that one of the major constraints mentioned in the MSME development strategy is the lack of access to relevant information. Looking ahead, the director remained expectant regarding the event’s outcomes:

“IPEME expects tangible results from this session, from the interaction between the MSMEs and the entities that presented their financing instruments. To facilitate the achievement of this objective, we have business support services providing technical assistance and linking the MSMEs to these opportunities”.

For the Retail Commercial Director for the southern region, José Mathe, Moza is a bank that is concerned with Mozambicans’ well-being, and therefore it is focused on the growth and development of national companies. It is within this context that we present our special range of products aimed especially at Micro, Small and Medium Enterprises, in addition to various financing solutions adapted for companies in rural, peri urban and other areas.

By joining this initiative, Moza Banco is pursuing its strategy as a universal bank, with a strong commercial orientation and an extensive national coverage, aspiring to contribute to greater financial inclusion, an excellent service to its customers and a more robust national economy by investing in the financial empowerment and robustness of Small and Medium companies in the country.

The "Know and Use SMEs Finance" Conference, led by IPEME, has been held since 2012 and has already visited Maputo, Sofala and Niassa provinces


03/11/2021

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