At the National MSME Awards Night 2024, Desoor Bags, the winner of the Outstanding MSME Clinic award in the female category, received a brand-new automobile from Wema Bank, Nigeria’s most innovative bank and the forerunner of Africa’s first entirely digital bank, ALAT. On Thursday, June 27, 2024, the Presidential Villa in Abuja hosted this award ceremony in honor of World MSME Day.
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The Office of the Vice President of the Federal Government of Nigeria is organizing the International MSMEs Day and MSME Awards Night 2024, a two-day event that celebrates the achievements of the MSME sector in Nigeria and develops sustainable solutions for its ongoing growth and development, which will ultimately strengthen the country’s economy.
In order to generate and present sustainable financial solutions that would not only offer MSMEs affordable loans and funding, but also guarantee that these financial solutions are easily accessible and available to MSMEs, the event’s first section brought together a number of highly regarded institutions and entities, including Wema Bank. The sixth annual National MSME Awards 2024 ceremony took place as the event came to a close.
At the Award Ceremony, the nation’s best-performing MSMEs in a variety of categories were recognized and given presents and cash prizes as a token of appreciation for their support and business growth. Not only did Wema Bank, which is well-known for its positive impact in a number of areas, including MSMEs and women, make a significant contribution to the solutions that were generated during the daytime event, but it also marked the occasion by giving a car to Desoor Bags, the winner of the Outstanding MSME Clinic award (female category) at the National MSME Awards 2024.
This admirable act upheld the Bank’s standing as a supporter of women’s empowerment and gender inclusion in Nigeria while also enhancing its function as an enabler for MSMEs.
Tunde Mabawonku, the Bank’s Executive Director of Retail and Digital Business, accepted the award and car gift on behalf of Moruf Oseni, the MD/CEO of Wema Bank. She also emphasized the significance of the World MSME Day 2024 events, highlighting the need for customized support for MSMEs and promoting a seamless synergy of capacity development, financial and material empowerment, collaboration, as well as leveraging technology and digital to build a supportive ecosystem for MSMEs to thrive.
“First, I would like to congratulate Adesola, the Outstanding MSME Clinic Award winner in the female category of the 6th National MSME Awards. It should come as no surprise that we choose to reward a woman today, as Wema Bank has always demonstrated a strong commitment to empowering women and provided tailored solutions for them to thrive in their personal and professional endeavours. We continue to do it through our women-focused proposition, SARA, and today, we have chosen to support this outstanding woman-owned business with a car to reduce stress and increase efficiency for her as she continues to grow her business”.
“As we commemorate World MSME Day today, it is important that we set our sights forward on the future of MSMEs in Nigeria. This is why the conversations we’ve had today are very important and Wema Bank is more than glad to be part of it. As the Bank that is committed to empowering lives through innovation, we are dedicated to not only providing innovative solutions and resources for customers to thrive but also empowering them to make the most of these solutions we provide.”
“Technology and digital are the future, and intelligence is here to stay so beyond providing financial resources for MSMEs, we are also focusing on empowering them with digital skills to ensure they are not left behind in this digital evolution. The goal is digital empowerment for scale. To maximise our impact, we will continue to innovate and collaborate to drive capacity development, financial and material empowerment, as well as technology and digital empowerment for MSMEs, to build an enabling environment for these MSMEs to thrive”.
Expressing irrepressible gratitude to Wema Bank for the remarkable show of support, Adesola Adedoyin, CEO Desoor Bags and Winner of Outstanding MSME Clinic Award (Female category) at the National MSME Awards 2024, added, “I cannot find the words to express how I feel right now. My business has been recognised on such a huge platform and on top of that, I am going home with N2,000,000 and a brand-new car, it feels so unreal. Thank you, Wema Bank, for supporting me and my business with this car. I can now transport myself and the resources Desoor Bags needs without struggling to ‘jump bus’ multiple times when I can fit it all in the car at once. I am beyond grateful. Thank you to the Federal Government for the opportunity and thank you, Wema Bank for all you do”.
In its authority as Nigeria’s most innovative bank, Wema Bank continues to prove its mettle not just as an enabler for MSMEs but also as the partner of choice for all. With the Bank’s diverse range of tailored solutions and its success in already providing single-digit loans for female MSMEs, among others, Wema Bank continues to push boundaries for the best and redefine standards in the banking and financial services industry.
