Jaiz Bank's Role in Suleiman Salisu's Business Growth

Suleiman Salisu is a businessman based in Gusau, Zamfara State, specializing in the sale and supply of building materials such as tiles, wallpaper, and paints. He transitioned from a painter and finishing artisan to a supplier, realizing the potential for additional income by selling materials.

Initially, he started his business with personal savings and gradually expanded it to become a trusted supplier. Salisu later benefited from a financing facility provided by Jaiz Bank (NGX: JAIZBANK), which allowed him to increase his inventory and operations significantly.

He advocates for more financial institutions to adopt similar financing models that support sustainable business growth. Salisu also faces challenges with customers requesting goods on credit without the capacity to pay, which affects cash flow.

To address this, he implemented a stricter payment policy requiring upfront payments from customers.