By Omodele Adigun
The Managing Director of Fidelity Bank Plc, Mr Nnamdi Okonkwo, has praised the beneficiaries of its SMEs loans for prompt repayments just as N2.3 billion has so far been disbursed under the sheme.
According to Okonkwo, who stated this Tuesday in Lagos after hosting the founder and CEO of the Supreme Marvin Dynasty, Michael Collins Ajere Enebeli, aka Don Jazzy, on the Fidelity SME Forum, a weekly radio programme organized by the bank in Lagos, the beneficiaries of the fund have so far repaid N400 million with zero default.
He promised to do same thing for the people in the entertainment industry.
His words: “As of today, we have done about N2.3 billion and repayment about N400million has come back. We haven’t have one default, to tell you that it is working. We had a customer Forum in Onitsha, one of the beneficiaries was there and he gave his testimony. He benefited N80 million. He has paid back and he has applied for another one.His business is growing. The same thing we want to do for the entertainment industry.”
On the drive for hosting the radio programme, he said the forum is one of the ways to bring people who have succeeded in their endeavours to share their stories and inspire others.
“What we are basically doing here is looking at man’s endeavour from business perspective. People do a lot of things, create a lot of values and they don’t know the business side of it,” he said.