MASLOC officials and some of the victims displaying the dummy cheque
The Microfinance and Small Loans Centre (MASLOC) has rolled out a financial relief package of GH¢2 million for about 3,000 traders who were affected by the Odawna Market fire at Circle in Accra.
It was announced at a meeting with the victims last Tuesday that funds are expected to be disbursed to the affected groups in phases.
MadamAfuaAkoto, Deputy CEO of MASLOC, said the government agency is mandated to support small scale and medium enterprises to grow and that over 80% of MASLOC’s funds are provided to women.
“We believe this support will go a long way to give a little relief. The minimum amount a beneficiary will be paid is GH¢2,000 so the government through MASLOC is doing this,” said Madam Akoto.
She added, “When the incident happened we came here with the MCE to assess the damage situation. We realised that so far as it is about market women, so far as it is about family and business, we do what we are expected to do to help the victims.”
President Akufo-Addo upon a visit to the scene of the disaster pledged financial support for the victims.