The Lady Pharmacists Association of Ghana (LAPAG), the all-female wing of the Society and Ecobank Ghana have agreed to a partnership agreement that will see the Pan-African bank provide tailor-made digital and financial solutions to what the bank describes as “women-focused” businesses.
Under the partnership, interested Pharmacists will be signed unto the ELLEVATE package, designed for businesses owned by women, managed by women, businesses with a high percentage of female board members or employees and companies manufacturing products for women. The new Ellevate Programme provides services and tools to help such businesses succeed.
The Ellevate programme will enable businesses to access, among many other things, a range of credit facilities to help grow and expand the businesses, including asset financing, local or contract order manufacturing financing, receivables financing, inventory financing and merchant cash advance.
In addition, digital solutions such as enhanced financial transaction systems, strong online presence, training and capacity building in business and leadership, virtual SME Bootcamp among many others are available to businesses that sign on to this offer.
In an interview with the chairperson of LAPAG, Pharm. Lucia Addae, said that LAPAG is committed to ensuring that more lady pharmacists own thriving businesses, particularly within the pharmaceutical space. She lamented that access to financing remains a threat to this dream. Pharm. Lucia, therefore, expressed excitement that ECOBANK is providing such an innovative financing mechanism to support women-focused businesses.
Pharm. Lucia calls on all LAPAG members to take advantage of this programme to support their ventures.