-1140x400w.jpg)
Empowering Entrepreneurs: DEIL Group's SSBO Program Fuels Small Business Growth
Introduction
Launched in 2018 by DEIL Group Co. Ltd, the Small Scale Business Owner (SSBO) initiative represents a strategic commitment to grassroots economic development. Jointly administered by DEIL Outlet (retail operations) and DEIL Financial Group (capital solutions), this program provides tailored financial support to micro-enterprises across local and remote communities.
How SSBO Works
Strategic Selection
DEIL identifies promising small businesses (retail shops, artisan workshops, service providers) through its regional outlet network
Priority given to businesses with community impact potential
Credit Facility Structure
Interest-free capital injections (equipment, inventory, or operational funds)
Repayment triggered only upon sales generation
Installment plans at <1% administrative fee (0.25%-0.75% based on business size)
Mentorship Ecosystem
DEIL Outlet provides retail space for selected products
DEIL Financial Group offers free financial literacy workshops
Transformative Impact (2018-Present)
Job Creation: 8,200+ new positions generated across 14 regions
Business Survival Rate: 89% of SSBO participants sustain operations beyond 3 years (vs. industry avg. of 50%)
Supply Chain Integration: 37% of businesses become certified DEIL Outlet suppliers
Success Story: Amina’s Textiles (Kano, Nigeria)
"With ₦2.8M SSBO funding, we grew from 3 looms to 12. DEIL Outlet now stocks our fabrics nationwide. We’ve hired 15 local women and repay through sales—no pressure."
DEIL’s Strategic Vision
"The SSBO program embodies our triple-bottom-line philosophy," states Chen Wei, DEIL Financial Group Director. "By removing traditional collateral barriers and aligning repayment with cash flow, we build sustainable local economies while expanding DEIL’s ethical supply chain."
Future Roadmap
Phase 1 (2024): Expand to 8 new countries
Phase 2 (2025): Launch SSBO Digital Hub for e-commerce integration
Phase 3 (2026): Establish green business accelerator track
Join the Movement
Eligible entrepreneurs may apply at DEIL-SSBO Portal or visit any DEIL Outlet location. Partner businesses receive:
- Customized credit lines
- DEIL-certified vendor status
- Free point-of-sale systems
"We don’t just fund businesses—we build legacy enterprises."
― DEIL Group SSBO Manifesto
Leave a Comment