Welcome to Ghana Microfinance Institutions Network - GHAMFIN
Welcome to
Ghana Microfinance Institutions Network - GHAMFIN
ABOUT GHAMFIN
Ghana Microfinance Institutions Network (GHAMFIN) is a network of Non-Bank Financial Institutions’ Association, Microfinance Associations (MFAs) and member financial institutions (FIs) engaged in the provision of financial and non-financial services. Membership composes various Associations of Savings and Loans, Rural & Community Banks, Credit Unions, Microfinance Companies, Micro Credit Institutions, Financial NGOs, and Susu Enterprises.
The Members include Association of Rural Banks (ARB) / ARB Apex Bank, Ghana Association of Savings and Loans Companies (GHASALC), Ghana Association of Microfinance Companies (GAMC), Ghana Cooperative Credit Union Association (CUA), Micro Credit Association, Ghana (MCAG), Ghana Association of Financial NGOs (GHASSFIN) and Ghana Cooperative Susu Collectors Association (GCSCA).
Mr. Yaw Gyamfi - Executive Director of GHAMFIN
ABOUT GHAMFIN
Ghana Microfinance Institutions Network (GHAMFIN) is a network of Non-Bank Financial Institutions’ Association, Microfinance Associations (MFAs) and member financial institutions (FIs) engaged in the provision of financial and non-financial services. Membership composes various Associations of Savings and Loans, Rural & Community Banks, Credit Unions, Microfinance Companies, Micro Credit Institutions, Financial NGOs, and Susu Enterprises.
Mr. Yaw Gyamfi - Executive Director of GHAMFIN
Mission
To promote an inclusive and responsible financial sector in Ghana by building the capacity of our Microfinance Association (MFA) members, advocating on issues that advance microfinance policies and operations, and coordinating the activities of our diverse membership
Vision
To become a “Unique Microfinance Network of excellence.”
Objective
To initiate and support faciliatory processes to address constraints faced by its members in the promotion and financing of low income and micro entrepreneurs as well as provide assistance to its members to develop the right products for the clients of its members
Our Services
Capacity-Building for Micro-Finance Institutions
Sourcing and Dissemination
Research
Promoting Transparency and Accountability
Advocacy
MEMBERS
Association of Rural Banks (ARB) / ARB Apex Bank
The ARB Apex Bank Limited is a “mini”-central bank for the Rural & Community Banks (RCBs). The Bank was registered as a public limited liability company in January, 2000. The shareholders are the RCBs.
Micro-Credit Association Ghana (MCAG)
Incorporated on May 2, 2010, MCAG exist to provide credit to economically deprived individuals and businesses in a regulated, market-driven environment to improve standard of living in Ghana.
Ghana Association of Savings and Loans Companies (GHASALC)
GHASALC is an association of all Savings and Loans Companies registered under the laws of Ghana and also licensed by Bank of Ghana. Registered in 2008.
Ghana Association of Microfinance Companies (GAMC)
Ghana Association of Microfinance Companies (GAMC) is the umbrella Association of Companies under tier 2 of Bank of Ghana’s categorization, licensed to provide Microfinance Services which currently stands at 136 companies.
Ghana Cooperative Credit Union Association (CUA)
CUA Limited is to regulate and supervise all the Credit Unions in the country on behalf of the Bank of Ghana and other interested groups for sanity to prevail in the market. CUA Limited provides services to all the Credit Unions in Ghana
Micro-Credit Association Ghana (MCAG)
Incorporated on May 2, 2010, MCAG exist to provide credit to economically deprived individuals and businesses in a regulated, market-driven environment to improve standard of living in Ghana.
Ghana Association of Savings and Loans Companies (GHASALC)
GHASALC is an association of all Savings and Loans Companies registered under the laws of Ghana and also licensed by Bank of Ghana. Registered in 2008.
Ghana Association of Savings and Loans Companies (GHASALC)
GHASALC is an association of all Savings and Loans Companies registered under the laws of Ghana and also licensed by Bank of Ghana. Registered in 2008.
Capacity Building of Members to Effectively Provide Services in the Market
Ghamfin
Historically, GHAMFIN evolved from an initiative of some MFIs operating in Ghana and was promoted by the World Bank sponsored Action Research Programme which started in Ghana in 1995.
The programme sought to identify, for wider application, innovative techniques of financial services delivery that had been successful in improving access of micro entrepreneurs to financial services. The Action Research Project, which started with the profiling of three (3) Ghanaian MFIs, grew into an informal Network of organizations interested in providing effective financial services to the poor.
Ghamfin provides a common platform to share information, innovation, best practices and undertakes industry advocacy for and on behalf of members in areas of governance, operations, regulations human capital development and sustainability, among others.
Core Values
- FAIRNESS
- INCLUSIVENESS
- RESPONSIVENESS
- SIGNIFICANCE
- TEAMWORK
