Polaris Bank and Eventful Limited have reinforced their support for Nigeria’s Small & Medium Enterprises sector with three firms empowered at the just-concluded 5th Lagos Fashion Souk to further grow their businesses.
The overall winner of the pitch, Mrs. Oluwatosin Ogunbanjo, who runs a leather bag and shoes company,was given N500,000 while the second runner-up, Tunde Issa, a Tailor and Founder of male clothing line company,The hugely attended one-day Fashion Souk/business fair which held at the prestigious Harbour Point facility in Victoria Island, Lagos, on Sunday, provided a platform for more than 150 SMEs in Nigeria’s fashion industry to showcase their creativity, product lines, and economic potentials.
He added that “Creative ideas are the only way to attract funding from banks and individuals who will like to invest in the idea because they will see clearly that it is viable. He said the only way an entrepreneur can achieve that is by sitting down and putting his thoughts together and by making sure he crosses all the T’s and dots all the I’s.”
Highlight of the Fashion Souk was the product launch that SMEs could leverage the Bank’s loan products like: Polaris Business Loan, Invoice Discounting facility and LPO financing among others were pitched with the participating SMEs.
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