It was an atmosphere of joy and excitement as beneficiaries of Omo Alausa Foundation soft loan bask in the hupheria of happiness.
Dr Olayinka Alausa CEO Omo Alausa Foundation said the loan is a provisional support for SME to cushion the effect of economic hardship being experience by business owner to survive the situation.
Beneficiary cut across 5 IBILE division in Lagos which are ikeja, Badagry, Ikorodu, Lagos Island and Epe with 2 each from the division.
The spokesperson for Omo Alausa Foundation, Mr Oyelara Saheed Adekunle (Director Media and Publicity) visit some of the beneficiary and said, our foundation is here to alleviate the sufferings of the residents of Lagos State by making provision for support and welfare.
One of the beneficiary said, “I would have been out of business because of money, but God sent Dr Olayinka Alausa the CEO Omo Alausa Foundation and I am still in business”
Another beneficiary said ” with Omo Alausa Foundation, hope is surely certain for the small scale business owner”, we appreciate the soft loan for business growth.
The business environment has been facing a lot of challenges owning to unstable business environment; recovering from pandemic and dollar to naira rate.
The SME falls within the informal sector and form a large part of the revenue generating sector that needs to be supported.
Oyelara Saheed Adekunle
Director Media and Publicity
Omo Alausa Foundation