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Business |
Crash course for new businessmen
FUTURE small businessmen would have
to undertake a crash course in entrepreneurship before they could
secure a loan capital from the National Development Bank.
The training course called “personal viability programme” will
guide would-be entrepreneurs in the management of their business.
NDB managing director Richard Maru said the bank had gone into a
partnership with the proponents of the training course to find out
the weak points among those who would be going into small-scale
business activities.
Mr Maru disclosed the NDB plan during a talkback programme on
Karai Radio last Monday evening.
He said the bank had provided the PVP training team an office at
the NDB building complex.
Mr Maru noted that PVP had been training small businessmen
throughout the country.
NDB chairman William Lamur, who accompanied Mr Maru on the
talkback show, added that there were now 6.1 million people in the
country and not all of them could get into paid employment.
Mr Lamur said that was where NDB would be stepping in to help the
rural people gain basic knowledge on business strategies.
Messrs Lamur and Maru also noted that with the launching of the
new name of the bank from the defunct Rural Development Bank (RDB)
in which its business scope had been expanded, “they would be
reaching to everyone”.
Previously, the bank could only cater up to 10,000 customers. Now
the bank was banking on bringing more customers through their
expanded business activities, Mr Lamur said.
 
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