Finance & Capital Market

Ebdaa, Key Link join forces to back entrepreneurs, SMEs in Bahrain

MANAMA
Ebdaa, Key Link join forces to back entrepreneurs, SMEs in Bahrain

Ebdaa Microfinance Company has signed a strategic partnership agreement with Key Link Corp, a Bahrain-based provider of company formation and business services, to deliver greater value to entrepreneurs and owners of small and micro-enterprises by improving their access to financial solutions, professional expertise and specialised business support.

The collaboration reflects Ebdaa’s commitment to addressing the broader needs of its customers, recognising that access to finance alone does not determine business success, said a statement from the company. 

By establishing closer relationships with specialist service providers, the company seeks to offer entrepreneurs practical resources and additional options to navigate business challenges, pursue commercial opportunities and build sustainable enterprises, it stated.

On the agreement, Prof. Badr El Din Ibrahim, the CEO of Ebdaa Microfinance Company, said: "Our relationship with entrepreneurs should not end when financing is approved. The real measure of our contribution lies in the progress our customers make and their ability to establish viable, competitive businesses."

"This calls for a more comprehensive understanding of their needs and a willingness to connect them with the right expertise and services. Our partnership with Key Link Corp is consistent with our customer-centred approach, helping business owners make informed decisions, address operational challenges and create stronger prospects for long-term success," he stated.

Hussain Aldurazi, General Manager of Key Link Corp, said: "For many entrepreneurs, the challenges of establishing and running a business can be just as demanding as securing the necessary capital. Bringing financial institutions and business service providers closer together creates opportunities for more coordinated and effective support."

"We look forward to working with Ebdaa to help entrepreneurs access services suited to their circumstances, from the early stages of establishing a business to managing its development and maintaining its competitiveness in Bahrain’s market," he added.-TradeArabia News Service