Over 100 young entrepreneurs and traders have benefited from the business financing masterclass programme organised by Pecan Bank and powered by Pecan Trust Microfinance Bank.
The training, which was hosted by the bank’s finance academy in Lagos, saw participants learn about the various funding instruments through an interactive workshop session and expert-led discussions.
The masterclass comes at a time when market conditions are stringent due to economic uncertainty and rising interest rates, making it more difficult for entrepreneurs to raise much needed capital, especially those in the early stages.
Kunle Karounwi, head of Credit at Pecan, said the bank is committed to partnering with entrepreneurs to achieve their dreams, and the business financing master class is a testament to this.
“As a bank, we have always contributed meaningfully to the lives of not only our customers, but also members in our broader community. The moment you walk into our premises or reach out to us, you can be sure of a supportive atmosphere that enables you to achieve your financial and business goals, because above all, we are rooting for you first.
“We believe that this masterclass has provided entrepreneurs with the knowledge and tools they need to secure a more assured path for their businesses”, Karounwi, said.
Karounwi further stated that the Business Financing Master class is one of the many ways Pecan Bank is supporting young entrepreneurs and small businesses in Nigeria. “The bank also offers a variety of financial products and services including business loans, working capital and asset financing products designed to meet the needs of business owners”.
According to him, the success of the Business Financing Master class further establishes Pecan Bank as a key player in driving entrepreneurship and economic growth in Nigeria.