Collins Amponsah-Mensah

Microfinance Association Pushes For Mergers Among Members

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The Ghana Association of Microfinance Companies (GAMC) is asking its members to merge, as part of moves to strengthen and consolidate institutions in the sector. The consolidation of the existing institutions is needed to strengthen members of the association to be able to deliver the needed financial support to businesses in the microenterprise sector. The … Read more

Take Responsibility For Your Investment Decisions

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The National Chairman of the Ghana Association of Microfinance Companies (GAMC), Mr Collins Amponsah-Mensah, has said potential investors must undertake due diligence on microfinance companies before investing their resources with them. He said although the association and the regulator – Bank of Ghana (BoG) – would continue to work to protect depositors from unscrupulous institutions, … Read more