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Business News of Thursday, 19 December 2019

Source: Grace Senam Klay

Masloc gives financial aid to kente weavers in Volta


The Volta Regional Director of Microfinance and Small Loans Centre (MASLOC), Dan Kafui Wudome says his outfit had processed about 175 members of the association to receive financial support.

He also disclosed that MASLOC had supported more than 134 groups with a membership of 3,350 who were engaged in various economic activities across Volta and Oti regions.

Wudome says an amount of GH¢3,350,000 had been disbursed to the groups and about 60 per cent of the beneficiaries were women.

He also assured other members of the association that they would also be supported in due course.

A representative from Ghana Export Promotion Counsel, Doris Ama Bansah, announced that there would be training and capacity building programmes for the kente weavers in 2020.

She said that the kente shade at Kpetoe would also be renovated to promote the kente business.

Madam Bansah urged the kente weavers to work hard and also register their businesses.

The Ho Municipal Chief Executive (MCE), Mr Proper Kofi Pi-Bansah, said that there was an ongoing construction of a centre for kente weaving at Sokode Ando to boost the industry

He urged members of the association to stick to the aims and objectives of the association in order to create a vibrant association which would gain international recognition and win more laurels.

Speaking at the 10th annual congress of Volta Regional Kente Weavers Association, stakeholders have called for the arrest of people who sell imitated kente products.

The chairman of the Volta Regional Kente Weavers Association, Robert Jokoto suggested that the police be allowed to go to the market and arrest those selling imitated kente products after a three-month ultimatum had been given to the dealers.

He said any seller caught with the imitated product after the deadline should be made to face the law.

“This move will discourage the importers of the imitated products who bring them to the country,” he added.