Access to finance for SMEs: A presentation on some new alternatives bridging the gap of knowledge abd facilitating financing from Banks. The approach is based on increasing the SME financial management compencies while assisting Banks with Credit scoring tools making it easier for Banks to assess the future potential of an SME
The Development Bank of Namibia has approved projects to the value of N$ 214.91 million from 1 April to 31 October 2009. According to the CEO, the bulk of the loans were awarded to firms that secured tenders through the banks bridging finance facility. To tell us more about the beneficiaries, we are joined from Windhoek by David Nuyoma, Chief Executive Officer of the Development Bank of Namibia.