YEIB-MANCO Targets 30,000 Liberian Youth, Moves to Tackle Credit Barriers
Monrovia, Sept. 25 -- The Youth Entrepreneurship and Investment Bank Management Company (YEIB-MANCO) is targeting at least 30,000 young Liberians for direct support and another 120,000 indirectly, as it rolls out a financing model aimed at addressing some of the major barriers confronting local entrepreneurs, including high interest rates, stringent collateral requirements and limited access to long-term credit.
By Gerald C. Koinyeneh
YEIB-MANCO Chief Executive Officer Joseph F. Sando disclosed the targets Thursday during an engagement with journalists in Monrovia, where he outlined the institution's mandate, financing structure and plans to expand entrepreneurship opportunities across Liberia.
Sando described YEIB-MANCO as a multifunc...
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