Bong County Senator Henry Willie Yallah has launched a five million dollars Village Saving Loan scheme in Gbarnga, Bong County.
The loan program will help local business people in the county to beef up their financial strength to do their businesses.
Many of these business people are said to have allegedly been denied loans by banking institutions and credit unions.
Our correspondent in the county says Sen. Yallah has promised to provide LRD$100,000,000.00 for the local business people from the time of the launching of the program to December, targeting about 500 groups.
Sen. Yallah told beneficiaries of the loan program over the weekend that he has decided to venture into the program to help individuals to develop their lives and build their financial capacity.He expresses optimism this will also help build Liberia’s struggling economy.
Some of the beneficiaries extended commendation to the Bong County Senator and promised to improve their local businesses through his goodwill.
According to them, for too long they have been forgotten.–Edited by Winston W. Parley