Monrovia - Montserrado County District #4 Representative Rustonlyn Suacoco Dennis has launched a LD$5 million loan arrangement for small business owners of her constituents. Under the loan scheme, 126 small business owners including men and women benefited from LD$2.5 million in its phase one project, while phase two will benefit dozens of people when it commences six months from now. Speaking during the cash distribution exercise over the weekend in Paynesville, Rep. Dennis asserted that the initiative, duped “Empower Me” is part of her ten-year plan geared towards empowering small business holders excel to medium-size enterprises. The beneficiaries thanked their lawmaker for empowering them and called on their colleagues to live up to the loan agreement. "It is the high interest rate and the short-term payment imposed by commercial banks that put us in problem with them."

Source: Front Page Africa March 18, 2018 21:45 UTC