Nakuru residents have been asked to make use of loans being offered by different institutions for investment purposes.
According to Diamond Trust Bank (DTB) Nakuru Branch manager, Wycliffe Aduvaga, the county was saturated with different investment opportunities that if well utilised will see Nakuru become an economic hub in the region.
Speaking in his office on Thursday, Aduvaga expressed confidence that with the right mentality and willing hearts, anything was worth investing in.
“The problem of many people is that they tend to have a formed mind about getting a loan from a bank because of the fear of the unknown,” he said.
He said the County government should engage residents in many outreach programmes aimed at sensitizing people on the importance of incorporating grants from banks and other financial institutions while drafting their business plans and proposals.
“With the emergence of counties, resources are no longer decentralised, take the relevant risks and you will never regret once this county issue is fully implemented,” he advised.
Three months down the line since its inception, DTB Nakuru branch has issued more than 50M in loans a trend the manager assures that will have a positive increase by the end of the year.
Aduvaga encouraged personal savings and transfers locally arguing that it was the surest way of increase an individual, group or society’s chances of getting loans.
“68% of our customers sent and receive money across the world thanks to Western Union, let’s also make it a habit using banks for security reasons,” he said.
He further said that the banking sector had been boosted by the counties something he expressed confidence that in two three terms, the results would be evident.
“Through different cooperate activities, most banks will transform the thinking of respective county residents breeding innovation and empowerment,” he noted.