@Chaingaz@mwape_imok Ability to pay and willingness to pay are two different things. Banks look at both. Banks assess behaviors as well never forget that.
That come with having a bank account. Every transaction that is done on the platform will reflect your business performance. It is important that you make use of the platforms available to you. When in doubt please ask. #Letsgrowtogether
Dear SMEs: One of the items that SME’s struggle with is meeting requirements for financing. There are number of reasons why this happens. A bad record keeping culture is one of them. One of the easiest ways an SME can improve record keeping is through the use of digital platforms
Dear SME’s: Bank Account Opening. It is important that you open a business bank account. This will help you with record keeping, transactions and future financing. Speak to your banker about an account suitable for you.
Dear SMEs: on business registration. Opening a Limited Company by shares is equally easy. All you do is visit the pacra website, select business registration and follow the steps. A private limited company is not state owned but has many advantages for you.
You up to different opportunities. The requirements for opening a business name are your NRC and those of other directors, about ZMW150 (confirm on pacra site) and an approved name search. This can be done online by going to the pacra website. Lets grow together.
Dear SMEs. Make sure you register your business, no matter how small it may appear to be. Open a business name if you are a sole proprietor and grow into a limited company later. Registering a business makes you more trustworthy to customers, reflects professionalism and opens