Friday, September 03, 2010

Microsavers Bank Opens

Microsavers Bank (Rural Bank of Malinao (Aklan), Inc.) is launched on Thursday morning, Sept. 2 at Bread and Butter Store, XIX Martyrs St., Kalibo, Aklan.

Microsavers Bank is the only bank in Aklan accredited by the Small Business (SB) Corporation to avail of the Small and Medium Enterprise wholesale Lending Program. It is therefore qualified to lend out, on retail basis to micro, small and medium entrepreneurs.

During the launching, Mr. Guidon I. Dela Cruz, president, Rural Bank of Malinao, presented and explained fully the criteria for lending of SB Corporation Loan facilities.
Ms. Julie S. Tidon also gave the detail of the SB Corporation’s Loan Facilities. Ms. Tidon is Chief Accounts Management Specialist, SB Corporation.

Engr. Diosdado P. Cadena, Jr. Aklan DTI provincial director was also present. He delivered his message assuring, the DTI Aklan will provide all the support necessary in Microsaving and Lending. /MP

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