Tuesday, April 30, 2024

Reliance Financial Services Provides 7 Motorcycles Worth D1 Million On Loan To Gambia Motorcycle Association

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By: Sanna Jallow

Access to finance for youth and women is one of the top priorities for Reliance Financial Services since its establishment. The company has given seven (7) motorcycles locally known as Tuku Tuku on loan to members of the Gambia Motorcycle Association.

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The donated items which are worth about 1 million Dalasis is intended to create self-employment for young people.

The loan the company says will help young people engage in something that will benefit them in the future noting that they have seen that young people are ready to work but lack of access to finances is their main problem.

Alieu Sowe, the manager of business growth and development at Reliance Financial Services said the idea of giving this loan is to support young people to start-up businesses to minimise the risk of taking the back way journey to Europe and ultimately help to address the issue of unemployment.

Pa Musa Drammeh is the president of The Gambia Motorcycle Association. He thanked the management and staff of the company for the loan and the benefits it will bring to this set of young beneficiaries.

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Ousman Ndure, the company’s Branch Manager at Latrikunda also confirmed that the Tuke Tuku finance is to help young people desist from taking the back way journey to Europe by providing sustainable employment opportunities for the unemployed.

He said the beneficiaries will deposit 500 Dalasis into their account daily from Monday to Saturday during a 1year 4 months period.

The reason for the Tuku Tuku Project is to help young people improve their standard of living and also help in the transport constraints people are facing.

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