[ 2012-04-28 ]

Jorbies Financial Services opens office at Kade
Kade, April 28, GNA – Mr Victor Smith, Eastern
Regional Minister, on Friday inaugurated the first
phase of an ultra modern office complex for
Jorbies Financial Services at Kade.

The event also marked one year anniversary of the
company's operation at the Kwaebibirim District
capital.

In a speech, Mr Smith said the current economic
environment with indicators such as single digit
inflation level, coupled with low interest rates
made it very attractive for businesses to
flourish.

He said in that direction, the role of micro-
finance companies in the growth of the economy was
very crucial.

Mr Smith commended the company for the services it
was rendering through its lending facilities and
business advisory services.

He also commended the company on its investment
packages and said its micro financial services had
really made direct positive impact on the daily
lives of many people, especially those in the
rural areas.

Mr Smith entreated businessmen and women, traders,
farmers and those in the extractive industry to
take advantage of the presence of Jorbies which
had track records in micro-financing to expand
their businesses and farms.

They should not hesitate to contact management of
the company for financial assistance, adding that
any serious entrepreneur or farmer who wanted to
expand his or her business or farm needed some
form of assistance to do so.

Mr Smith said he was confident that the company
would be willing to extend all forms of assistance
to applicants provided they were able to satisfy
the basic requirement and conditions attached to
the provision of the facility.

He appealed to the company to put in place less
cumbersome and flexible procedure and conditions
that would attract many people to access their
service.

Mr Jordan B Larbi, Executive Director of Jorbies,
appealed for a loan defaulter court, which would
fast-track efforts by micro-finance institutions
or lending organisations to secure their invested
funds.

He said the size of customers had grown over the
years, adding that from 11 customers in August
2008, to 52 by December of that year, Jorbies
could now boast of more 40,000 customers
nationwide.

Mr Larbi said their customers were made up of 45
per cent small business owners, 35 percent medium
scale entrepreneurs and 20 per cent large business
owners.

Interestingly, majority of the large scale
businesses constituted more than 40 per cent of
total investors and that was so because of the
higher interest received on their investment from
Jorbies.

The Executive Director said Jorbies had been
involved in a number of social responsibility
activities such as provision of street lights for
Asamankese, potable water for schools at Ablekuma
in the Greater Accra Region and award of
scholarship to needy but brilliant students.

Mr Larbi noted that the industry's major challenge
had been the collapse of micro finance companies
and gave the assurance that Jorbies had come to
stay and looking at its ultra modern complex
office, there was no indication that they had come
to Kade to cheat and steal customers money.

Jorbies have branches at Kaneshie, Asamankese,
Kade, Suhum, New Abirem, Ablekuma, Tema Community
Two and Kasoa.

The company is also constructing offices at
Ashaiman, Obogu, Kejetia, Kofekrom, Sunyani and
Nkoranza.

Source - GNA

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