Port Harcourt Chamber Of Commerce Launches Collateral Free ‘PHCCIMA Credit Support Scheme For Sme’s’ At Her Monthly Council Meeting

By Anderson Hart
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Port Harcourt Chamber of Commerce, Industry, Mines and Agriculture, PHCCIMA on Wednesday 26th March 2014, during its monthly council meeting shall be launching its collateral free 'PHCCIMA CREDIT SUPPORT SCHEME for SME's, otherwise known as '(PCS3).

According to a statement signed by the Publicity Secretary of PHCCIMA, Chief Nabil Saleh, the Special Guest of honour and Deputy Governor of Rivers state, His Excellency, Engr. Tele Ikuru shall formally carry out the launch at the PHCCIMA council hall.

Similarly, PHCCIMA President, Engr. Emeka Unachukwu during the March monthly council meeting is expected to brief members on the upcoming 'Free Nigeria Content Awareness summit slated for May 13th - 14th2014' and the '1st Rivers state Miss Teens Beauty Pageant slated for 23rd – 26th April, 2014' among others.

Speaking to PHCCIMA media, Unachukwu president of the chamber, said the launching of the 'PHCCIMA CREDIT SUPPORT SCHEME for SME's is not only historical being first of its kind in Nigeria, but is setting a new precedence for development of SME's in the entire country. He said the scheme is collateral free; low interest rate has an extended tenure life span and attracts invaluable business support from the chamber.

The scheme is powered by Grofin Finance and Midland Microfinance Bank Limited, and to access the loan, interested individuals, SME's, including corporate bodies must be a financial member of Port Harcourt Chamber of Commerce, must possess PHCCIMA credit qualification and must provide analysis of business proposal for scrutiny.

The President is urging members to take advantage of this very rare opportunity to better the lot of their businesses.