Due to the impact of the Covid-19 pandemic, coupled with the economic downturn posed by the #EndSARS protests that led to the looting and destruction of businesses that has thrown Nigerians and business owners into debts, leading financial institution in Nigeria, Access Bank Plc. has announced N50 billion in support of Nigerians through interest-free loans and grants to support communities, the youths, and micro, small and medium-sized businesses. This information was disclosed by the bank through its official LinkedIn page.
This show of support from Access Bank will certainly help alleviate and stimulate economic activities, as well as produce many positive multiplier effects on the economy. As a way of supporting SMEs and the working class of the country following the recent damage of properties and livelihoods experienced across the nation, @myaccessbank has rolled out interest free loans of up to N50bn. The fund is expected to serve as a kickstart to these affected communities, people and businesses. #AccessCares #All4One
