Business News of Tuesday, 18 May 2010

Source: GNA

GAFA Micro finance company opens at Adenta

Accra, May 18, GNA - Mr Prosper Adzakwah, Marketing Manager of GAFA Micro Finance Company, has called on Ghanaians to endeavour to repay thei= r micro loans to enable others to also benefit.

Mr Adzakwah made the call at the opening of a branch at Adenta in th= e Greater Accra Region on Tuesday. He urged recipients of such loans to put them into productive ventur= es and to cultivate the habit of saving to enable them to increase their capital.

Mr Adzakwah said the company offered innovative and a variety of banking services with the aim of sustaining small and medium scale enterprises to promote economic activities in the country. He said it offered express loans, non-client based loans, car loans,=

school fees, accommodation, shop expansion, rent and business loans. It also gives loans for equipment, tools, investments, fixed deposit=

and operates the 'Nhyira Ba' and the 'Adwuma Nkosuo' accounts. Its loan requirements are good business, reliable and predictable source of income and the submission of national identification cards amon= g other requirements to be determined by the type of loan. 18 May 10