Unity Bank Plc says entrepreneurship development is vital to the nation’s quest to enhance economic growth.
The lender therefore emphasised the need for the Small and Medium Enterprises to create wealth by developing financial management skills.
The Head, SME Banking, Unity Bank, Mr. Opeyemi Ojesina, stated these at the ‘Lagos and The Woman Conference’ held in Lagos on Friday.
Ojesina, who spoke on ‘The place of the women entrepreneur’, enjoined women to shift from mere buying and selling to creating businesses that adds value on a longer term.
He charged women to strive to have a clear understanding of the concept of the businesses they engage in as a guarantee for attracting the funding support they seek from banks.
According to him, good business ideas are as important as finance for budding entrepreneurs.
Ojesina said, “Believe that you can start small and shelve the idea that you must have all the money or materials to take off. Existing businesses attract funding easier than yet-to-take-off ones.”
He commended Amazing Amazons, a non-governmental organisation, for organising the conference.
Ojesina noted that the awareness created by the conference would not only promote entrepreneurship development but also build the confidence of women in their pursuit of financial independence.
The initiative, he said, was in line with Unity Bank’s focus of supporting rural economy.
