SME TRAINING TO FACILIATE LOAN
APPLICATION FOR GOVERNMENT AND
FINANCIAL INSTITUTIONS LOAN PROGRAMMES.
(A four week SME Training programme)
We hereby solicit your Partnership/Sponsorship
Small and Medium Enterprises SMEs looking to apply to banks for the government and financial institutions schemes, can now gain the necessary skills needed to run a business. The programme is particularly suitable for actual and intending SMEs and their management team.
The programme provides SMEs with easy access to capital to start or grow a business and sharpen your know-how in your field of enterprise.
The Major Causes of the inability of SME operators to pay back loan obtained include inadequate business skills to manage the fund., as a result the business fails and Incur huge debts on SME operators.
Apart from the business skills expected, the SME Loan Programme is also aimed at facilitating SME loan applications for the financial Institutions and government agencies.
One common feedback from the Bank is that many SMEs are unable to pay back money borrowed from the Banks and other financial institutions. The few that are able to meet with the target do so beyond the time frame initially stated in the terms of agreement.
Most SME have the intention of approaching Banks but don’t really know how to present their case to the Banks. Most SME operators remain unaware of the potentially growing pool of available SME funds in the economy. There is need that Governments and financial institutions realize the relevance of SME to the building and achieving the Millennium Development Goal (MDG).
There is often a gap between the SMEs expectations and the requirements of the Banks and other lending institutions.
Banks, lending agencies and other institutions should ensure that SME operators and their management team obtains training in Enterprise Management and other related fields before taking the risk to lend them fund especially the inexperienced SME operators.
We (SKIDI) are thus very pleased to see the SME industry stepping up to fill this gap.
In order to support the growth of SME sector of our economy we have been specially dedicated to help SMEs in Nigeria. We and other stakeholders in the SME industry are in a position to better understand and facilitate the financing needs of SME(s)
We invite all individuals, organisations other stakeholders in the SME sector, financial institutions, lending agencies to join us in carrying out this project (SME DEVELOPMENT CENTRE)
With support from you, we plan to start and grow SME Development Centres in Lagos. And other major cities in Nigeria. (Presently we have a tentative SME Development Centre located at Akowonjo Lagos).
We plan to extend centre in all major cities across the country and engage financial advisors to advise and teach modules on financial strategies, management skills and loan applications.
SMEs can seek professional financial advice during and after SME training programme at the centres at no charge .
The financing modules include
- Diagnoses of the financial health of the SME
- Advise on financial management and various financing options
- Assistance to put together the relevant loan application together with the necessary supporting documents.
Others include SME Management topics
MODULE 1.
- Career Assessments & Personality test/analysis
- Introduction to Entrepreneurship
- Researching the Market
- Legal issues, Regulatory & tax matters
- Preparing Business Plans
- Sales & Marketing
- Finance & Funding Sources (easy ways to obtain fund for your business)
- Basic Book-keeping & Building Financial records
- ICT in Business/Management( using technology to beat your Competitors)
MODULE 2
- Advertising
- Market Research (Growth Strategies)
- Cash flow Projections & Cash Management
- Customer Services (Improving your customer service)
- Forecasting & Time Management
- Computer Application
- Leadership Skills & Improving Communications
- Organizational Skills (Making Business operation faster, better and cheaper)
FULL TIME: MONDAY – FRIDAY (2 HOURS); PART TIME: SATURDAYS & SUNDAYS (4 HRS EACH). BOOKINGS SHOULD BE MADE AHEAD OF THE MONTH.
Upon Completing the four weeks programme, participants receive attendance Certification. During graduation ceremonies, participants who are ready to launch their business or grow their existing business will be linked to suitable financial institutions or lending agencies that can assist with funding to manage and develop their business.
The SKIDI SME TRAINING/ LOAN PROGRAMME are initiated to help SMEs access financing more effectively and make use of the fund to their maximum benefits. This programme is ideal especially for Sme operators that are not familiar with banks and other lending institutions requirements and the loan process. It will also help those that lack the necessary skills needed to manage the fund obtained from Banks or any other source in the running and operating of their business. Our market research reveals to us that majority of SME operators go into business blindly without prior knowledge of the business.
We hope to work with them to put up a convincing case to the Banks, the governments and other lending agencies that they are worth supporting.
SMEs requiring assistance can approach any of our centres in the six geopolitical zones of the country.
Lagos (South West) Port Harcourt (South South) Enugu (South East) FCT (North Central) Kano (North West) Bauchi (North East)
Or Call Henry Ogochukwu on 08035063809.
This programme is initiated by Skills & Ideas Development Initiatives (SKIDI) a non governmental organization dedicated to Small and Medium Enterprise start-ups, training and advocacy. Our mission is to reduce the number of failed businesses and increasing the number of successful SMEs in Nigeria and the sub-Saharan Africa
Financial institutions, Government agencies, organizations, individuals that need to support us should contact us. Your organization stand to gain from the partnership/sponsorship at all levels.
The Director, SME Development Centre C/O Skills & Ideas Development Centre
P.O. Box 5811 Ikeja Lagos Suite 5 Zach Ade Plaza 24 Akowonjo Rd Akowonjo Lagos
Tel: 08035063809, 01-8792089 Email:skidinet@gmail.com www.smedevelopmentcentre.blogspot.com
The Director, SME Development Centre C/O Skills & Ideas Development Centre
P.O. Box 5811 Ikeja Lagos Suite 5 Zach Ade Plaza 24 Akowonjo Rd Akowonjo Lagos
Tel: 08035063809, 01-8792089 Email:skidinet@gmail.com www.smedevelopmentcentre.blogspot.com
