CBG to expand responsible credit access for PWD-owned businesses – Managing Director
The Managing Director of Consolidated Bank Ghana Limited (CBG), Dr Naomi Wolali Kwetey, has announced a dedicated financing initiative for entrepreneurs with disabilities, saying the bank intends to broaden access to formal credit while maintaining responsible lending standards.
Dr Naomi Wolali Kwetey, the Managing Director of Consolidated Bank Ghana Limited (CBG), has announced a new financing initiative aimed at expanding responsible credit access for entrepreneurs with disabilities. Speaking at the bank's Disability Conference on September 11, Dr Kwetey emphasized the bank's commitment to financial inclusion as a strategic responsibility.
The initiative will provide PWD entrepreneurs with a pathway to formal credit, addressing the challenges they face in accessing financing from conventional sources. CBG's approach will move beyond financial literacy and account opening, focusing on credit access for entrepreneurs. The financing will be provided as loans, not grants, to recognize beneficiaries as economically capable partners.
Sound appraisal, transparency, responsible lending, and accountability will remain central to the initiative. Dr Kwetey stressed the importance of maintaining a balance between inclusion and sustainability, ensuring that credit remains responsible. She also highlighted the bank's ambition to deepen partnerships and expand responsible access to finance for PWD-owned businesses across Ghana.
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