Chase Bank (In Receivership) has partnered with Michelle Ntalami’s Entrepreneurship Masterclass as the financial partner, providing the class with sound advice on business finance as well as the know-how on navigating various financial hurdles.
The class aims to empower current and prospective entrepreneurs pursue their dreams while equipping them with the tools to do so. This partnership is in line with Chase Bank (IR)’s mission of enabling people achieve the things that matter to them most.
“As the relationship bank, we believe in people, and their various dreams. Specifically, we believe in entrepreneurs and SMEs and we are always happy to help the next business idea evolve into a successful enterprise,” said Donald Kimathi, Head of Product Development, Chase Bank.
“Small and Medium Enterprises (SMEs) who form the bulk of our clientele, face unique issues, which affect their growth and profitability, and more often than not diminish their ability to contribute effectively to sustainable development. It is for this reason that we are here today, to share from our learning curve on what solutions work best for what businesses. Indeed, we remain committed to supporting upcoming businesses as part of our recovery efforts. As we wait to get out of receivership, we are robustly serving our customers,” added Mr. Kimathi.
As part of these efforts, earlier today the bank conducted its third SME clinic which focused on Human Resources, delving into staffing procedures and organizational culture. The SME Clinics is an initiative by the bank that aims to support their highest transacting SME customers at branch level, with sound business knowledge and training to help them advance their businesses in their respective markets of operation. So far, Chase Bank (IR) has conducted two clinics in Nairobi and Nakuru on the topics of Marketing and Finance Management, respectively.
According to the 2017 Economic Survey by the Kenya National Bureau of Statistics, entrepreneurs in Kenya are creating more jobs than the private sector and the government collectively. Mentorship throughout their entrepreneurial life cycle is therefore paramount in various developmental phases; start up, growth and success stages owing to its vast value in the economy.
“In a world where there is so much information going around, one can get lost wondering what is truly essential for them to begin their business with. My Entrepreneurship Masterclass intends to teach only what is important to learn. I aim at helping current and prospective entrepreneurs realise their passions and turn them into profits,” said Ntalami, an entrepreneurship coach.
“It is important to share knowledge on self-employment and entrepreneurship as a whole. I am glad to have Chase Bank (IR)on board as the financial partner as one of the key areas that can make or break a young business is poor financial decisions. Chase brings onboard that much needed guidance thanks to their commitment to small businesses,” added Ms Ntalami.
The three day classes start in October 2017 and will have a total of seven modules guiding course. The course is aimed at empowering and equipping upcoming entrepreneurs while encouraging self-dependence in a market where formal employment is increasingly hard to secure.
Ms Ntalami will run the monthly Business Masterclass with Michelle Ntalami, at Edulink International College Nairobi, where she will educate, inspire and equip upcoming, current and future entrepreneurs. They will gain knowledge on how to navigate the world of entrepreneurship including personal branding. In addition, she is a strategic brand and marketing expert and runs her own branding company – Brandvine Group and is also the founder and entrepreneur of Marini Naturals, Kenya’s First Quality Natural Haircare line.