By Ibrahim Joenal Sesay
FREETOWN, July 27 (232News) – A Call to Business Savings and Loans (ACTB) Limited on Friday 23rd July, 2021, signed a Memorandum of Understanding (MoU) with Mankind Activities for Development Accreditation Movement (MADAM).
The signing ceremony took place at the head office of ACTB Savings and Loans Limited situated at 20A Old Railway Line, Brookfields, Freetown. The Memorandum of Understanding will, among other things, formalize the agreement between the two institutions for the provision of Microfinance Services between ACTB Savings and Loans Limited and MADAM.
Mankind Activities for Development Accreditation Movement (MADAM) is a registered Non-Governmental Organization working with vulnerable, disadvantaged and marginalized people in Sierra Leone with a specific focus on the northern region.
Speaking at the ceremony, the CEO ACTB Savings and Loans Limited, David Kamara, said that the MoU was born out of the tremendous work MADAM is doing interms of providing Entrepreneurship Development Support Service Scheme to inmates within the northern region. He added that the MoU is part of the Organization’s support in ensuring that they provide value-added financial services in an equitable fashion to accelerate the growth and spread of Entrepreneurship in the country.
Speaking on behalf of the Mankind Activities for Development Accreditation Movement (MADAM), the Entrepreneurship Coordinator, Ramatu Salim Kamara, pointed out that the ceremony is to formalize the long-standing relationship between the two institutions, as Actb Savings and Loans Limited has been providing tremendous support to MADAM as well as giving other necessary support. She thanked the Management of ACTB Savings and Loans Limited for granting the partnership, as they look forward to working with ACTB Savings and Loans Limited in strengthening the bilateral relationship.
© Marketing Department, ACTB Savings and Loans Limited.
