Microfinance institutions will drive financial inclusion — GHAMFIN

Dr. Emmanuel Owusu

Dr. Emmanuel Owusu

A two-day International Investors’ Forum on Micro-finance for members of the Ghana Microfinance, Institutions Network (GHAMFIN), was opened in Accra, with a call for more attention to the sector to enhance financial inclusion.

Mr Yaw Gyamfi, Executive Director of Ghana Microfinance Institution Network (GHAMTIN) who made the call at the opening of the forum said, the only way Ghana could achieve its desired objectives on financial inclusion was to support the growth and sustainability of the microfinance institutions.

This he said would enable them to provide a wide range of financial products that was affordable, accessible, sustainable and also harmonise the interventions of all the donor organisations and agencies to help avoid duplications.

The forum was organised by the Ghana Microfinance institutions Network, in collaboration with the Microfinance Association, UK.

It was to afford the donor community and investors the opportunity to share with the MFIS and Apex bodies their projects, mode of operations and requirements detailing how the MFIs and Apex bodies can directly benefit from their activities and projects.

It will also afford the donor community and investors the opportunity to contribute meaningfully to the industry’s development.

The conference will also enable the microfinance institutions share their prospects and challenges with the investors and also solicit for their support in promoting transformational development of the industry.

The Executive Director said, this was to allow for collective effort in ensuring that the growth of the industry is sustained.

Dr. Emmanuel Owusu, the Chairman of GHAMFIN said the forum had brought together a group of the donor organisations to discuss and implement activities that would ensure continuity and growth of the microfinance industry in Ghana.

By Daniel Amoo

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