Sefwiman Rural Bank PLC, on Monday, extended critical support to traders whose shops were destroyed in a recent fire outbreak at Bibiani, contributing both to immediate recovery efforts and broader conversations about disaster preparedness in Ghana’s growing informal economy.
The bank donated packets of roofing sheets valued at GH₵1,300 per packet to help the affected traders rebuild their burnt container shops.
Customers of the bank received two packets each, while non-customers received one, reflecting the bank’s commitment to community rebuilding regardless of banking status.
Board Member Mr. Isaac Nkrumah said the gesture formed part of the bank’s long-standing corporate social responsibility interventions, especially in times of disaster when small businesses face heightened vulnerability.
“This is not the first time we are supporting the community. We see it as part of our responsibility to stand by traders when shocks threaten their livelihoods. Our goal is to help them restart quickly and build resilience,” he noted.
Mr. Isaac Nkrumah, Board Member, Sefwiman Rural Bank encouraged residents and small business owners to cultivate a banking culture, noting that trusted financial partnerships enhance business stability, especially during unexpected disasters.
A beneficiary, Janet Oppong Danso, said the donation has restored her confidence after suffering unexpected losses, saying that the support came as a lifeline.
“At a time when everything felt lost, the bank stood with us. It has given me hope again.”
Other victims who previously had no accounts with the bank also expressed gratitude, pledging to begin banking with Sefwiman Rural Bank to strengthen their business security in the future.
“We were not customers before, but this support has shown us the value of working with a reliable bank,” Osei Kofi, another beneficiary, indicated.
They urged fellow traders to prioritise savings, insurance, and responsible financial management to better withstand future disasters.
With fire outbreaks continuing to challenge small enterprises across Ghana, Mr Nkrumah noted that the bank’s intervention highlights the vital role financial institutions can play in disaster response, economic resilience, and the long-term sustainability of community-based businesses.
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