Akim Oda (E/R),- Mr Alexander Akwasi Acquah, Member of Parliament (MP) for Akim Oda Constituency, has disbursed 140,000 Ghana cedis to the constituency’s Finance Committee for traders as interest-free loans to boost their businesses.
He, however, urged beneficiaries to comply with the modalities of repayment to enable others to benefit.
Mr Acquah said the gesture was done in fulfilment of part of his promise to the electorates during the 2020 Parliamentary election.
To enable him to successfully execute his duties and regularly touch base with grassroots for effective decision-making, the MP subsequently established a seven-member committee to handle affairs.
Mr Kingsley Kwegyir, Chairman for the constituency Finance Committee, said the committee had done onward distribution of the 140,000 Ghana cedis to 200 traders who registered for the loan.
He said they were from the 18 electoral areas, including Gyadem, Akim Oda Nkwanta, Aboabo, Asenee, Essam and Akim Oda Nkwantanum.
The beneficiaries are engaged in the sale of goods like clothes, cosmetics, food stuff, vegetables and fishes.
The Chairman noted that measures were being put in place to get another batch of recipients of the loan.
Madam Isabella Anning, a clothes seller and a beneficiary, thanked the MP for the support, adding that the disbursement was not discriminatory.
In a related development, the MP had rallied the support of traders for the E-Levy, saying it was an opportunity for everyone to contribute to Ghana’s economic development.
Source: Ghana News Agency