Mmegi

‘Structured SMEs unlock greater funding opportunities’

Unpacking realities: Motswagole has called on SMEs to be investment-ready
Unpacking realities: Motswagole has called on SMEs to be investment-ready

Bank Gaborone has emphasised that structure, discipline, and strategic planning are key ingredients that position Small and Medium Enterprises (SME) for sustainable growth and improved access to funding.

Through Bank Gaborone’s tailored solutions, SME’s are able to unlock new opportunities, strengthen their operations, and accelerate its growth.

The remarks were shared during the latest episode of the Kgwebo Connect Series, a weekly platform by Bank Gaborone designed to empower everyday entrepreneurs and build resilient businesses across Botswana. This week’s episode featured Agrizor director and owner Ebson Mushininga alongside the bank’s Credit Portfolio Manager, Oscar Motswagole, who unpacked the practical realities of scaling a small business in Botswana. Agrizor Botswana’s journey is a testament to what is possible when small and medium enterprises are supported with the right financial tools and trusted partnerships. Motswagole said that whilst access to finance remains a critical enabler, SMEs must first ensure their businesses are investment-ready. “You must first demonstrate the ability to repay the loan,” Motswagole said. “The business should have a clear strategy, proper governance structures, and organised financial records, which are key indicators of creditworthiness. “If your cash flows are diluted because you cannot separate personal and business expenses, it becomes very difficult to arrive at a conclusive decision as a bank.” He explained that financial discipline, clean records, and structured operations not only improve approval chances but also help businesses understand their own growth trajectory. Motswagole further encouraged entrepreneurs to utilise funding responsibly and avoid overtrading, stressing that sustainable expansion requires measured decision-making. “Those that have been given funding must prioritise repaying their loans,” he said. He also urged SMEs to stay informed about developments in their respective industries and to continuously explore opportunities provided by financial institutions. Reflecting on Agrizor’s journey, Mushininga revealed that the agro company was born out of a desire to solve real challenges within the agricultural sector.

Editor's Comment
Get back what was stolen, and lock the door

That a single private law firm pocketed P6.5 million for just four cases, out of a total P11.1 million paid for 25 matters, reeks of a system that was not merely disorganised but open to abuse.Bayford has taken a welcome first step by telling the Public Accounts Committee the truth. Now he must act decisively to ensure it never happens again and that any money lost to wrongdoing is recovered.The figures are staggering. Whilst ordinary Batswana...

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