BLANTYRE-(MaraviPost)-In a daring transfer to empower Small and Medium Enterprises (SMEs) throughout financial uncertainties, Business Partners International (BPI), a fund supervisor that gives debt fairness financing, has assured of its dedication to offering monetary help and mentorship packages.

Amid rising inflation, depreciating kwacha, and world financial shocks, BPI has assured SMEs within the nation of its dedication to providing inexpensive loans for his or her operations and serving to them to thrive.

Speaking in an interview, BPI nation supervisor, Bond Mtembezeka, acknowledged the challenges the nation is going through because of financial shocks and emphasised the group’s dedication to intensifying its efforts to assist SMEs.

“SMEs play a pivotal role in fostering economic resilience and job creation. According to the World Bank, SMEs contribute up to 40% of GDP in emerging economies and account for the majority of new job opportunities. In Malawi, empowering SMEs is not just a business imperative; it is a national priority.”

“Malawi’s growing population and increasing urbanization are driving demand for goods and services. Sectors such as agriculture, construction, retail, and renewable energy offer significant growth potential.”

“To seize these opportunities, SMEs need tailored financial solutions and robust advisory support, hence the need to equip entrepreneurs with tools and knowledge for them to make informed decisions, navigate challenges, and achieve their business,” defined Mtembezeka.

Mtembezeka additional recognised the numerous function performed by the enterprises within the nation, highlighting their contribution to financial progress, job creation, and social growth, therefore the necessity for assist as they’ve the potential to drive financial growth.

“We are committed to empowering SMEs in Malawi to thrive; hence we provide flexible business loans that enable them to purchase equipment, access working capital, or acquire and construct commercial property like office complexes, retail malls and filling stations.”

“Over the years, Business Partners International has supported numerous SMEs across Malawi, enabling them to grow and contribute to the economy. From businesses investing in office and business premises to construction firms acquiring automated block-making machines, our financing solutions have catalyzed transformative change. These success stories highlight the potential of SMEs to drive economic development when equipped with the right resources and support,” mentioned Mtembezeka.

While the group is able to assist flip visions into actuality and make an influence on Malawi’s economic system, SMEs who’re on the lookout for funding  and technical help are inspired to succeed in out to BPI and apply..

“Business Partners International recognizes that access to capital is only one piece of the puzzle. Many SMEs face challenges related to financial management, strategic planning, and operational efficiency. That is why it complements its financing solutions with comprehensive Technical Assistance.”

“Our team of experienced mentors provides guidance on financial planning and management, market analysis and strategy, operational efficiency, risk management. Through these services, Business Partners International equips entrepreneurs with the tools and knowledge they need to make informed decisions, navigate challenges, and achieve their business goals,” he mentioned.

Mtembezeka appealed to SMEs to succeed in BPI at their places of work at Industrix Complex, Kidney Crescent, Kristwick in Blantyre or e mail them at enquiries@businesspartners.mw or visiting their web site www.businesspartners.mw.