- Search Results
 
 
CBL Gives L$1m Loan to Two Credit Unions In Bassa
Date Uploaded: Oct 15, 2014

Grand Bassa County Flag

 

 

 

 

 

CBL Gives L$1m Loan to Two Credit Unions In Bassa

By Johnson Liway, LINA Grand Bassa County Correspondent

BUCHANAN, October 15 (LINA) – The Micro-finance Department of the Central Bank of Liberia (CBL) has extended a loan of L$1 million to two credit unions in District # 2 in Grand Bassa County.

The credit unions, known as “Have Your Say” and “New Generation Savings and Credit Union,” received L$500,000 each, according to the Liberia News Agency correspondent in Grand Bassa County.

Presenting the checks to the two institutions at the district’s civil compound on Monday, CBL Loan Coordinator for Grand Bassa County, James Brooks, said the loan is intended to empower citizens to engage in business.

“The loan is intended to help elevate you, your children and the entire district from poverty,” Brooks told the recipients.

Receiving the loans, officials of the two credit unions thanked the Central Bank for the loan and promised that the money would be used for the intended purpose.

LINA JBL/PSN/JGT/TSS/PTK/JKW

latest headlines
LEC Holds Community Engagements Against Power Theft
The Liberia Electricity Corporation (LEC) has renewed its warning to individuals engaged in power theft to desist, as it was costing government i ...more
Cuttington University Promises To Sustain EHELD Projects
The Administration of the Cuttington University has assured the Excellence in Higher Education for Liberian Development (EHELD) of its commitment ...more
Justice Banks Decline To Issue Prohibition Against Korkoyah
Supreme Court Justice-in-Chamber Philip A. Z. Banks Thursday declined to grant the writ of prohibition requested by Dr. Togba Nah Tipoteh against ...more
VP Boakai Assures LACC Of Support To Tackle Graft
Vice President Joseph N. Boakai has assured the Liberia Anti-Corruption Commission (LACC) of his unreserved commitment to tackle the scourge of c ...more
Pres. Sirleaf Congratulates Luxembourg On ‘National Day'
President Ellen Johnson Sirleaf has sent a congratulatory message to His Royal Highness, Grand Duke Henri of Luxembourg, on that country’s Nati ...more
ECOWAS Envoys Congratulate Pres. Sirleaf
The Dean of ECOWAS Ambassadors and Heads of Mission Accredited to Senegal, General Edouard Tiape Kassarate, has congratulated President Ellen Joh ...more
 
All rights reserved © 2013 - 2014
Liberia News Agency