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Ghana Microfinance Institutions Network (GHAMFIN) together with our development partner (German Sparkassenstiftung Ghana) have instituted a Revolving Credit Fund (RCF) for Microfinance Institutions (MFIs). This RCF is funded by the Federal Ministry for Economic Cooperation and Development of Germany (BMZ).
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GHAMFIN GHAMFIN is the network of Non-Bank Financial Institutions’. Membership is made up of the following: Savings and Loans Companies Rural & Community Banks Credit Unions Microfinance Companies Micro Credit Institutions Financial NGOs Susu Enterprises. It is worth to be noted that GHAMFIN has embraced the Certification agenda to bring more sanity and discipline in...
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Technical support through capacity building remains the core activity of GHAMFIN. The network creates the opportunities to deliver capacity-building programmes on demand-based services such as training courses, exposure visits and workshops. The capacity building aims at improving MFIs performance and efficiency in promoting inclusive finance.
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Information Sourcing and Dissemination is one of the fulcrum activities of GHAMFIN. The Network focus is to develop a knowledge base of microfinance practice in Ghana amongst members. The Network acts as a platform for mutual learning and sharing of information, knowledge and experience. It creates a pool of resources – both human resources and...
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Due to the general lack of information and knowledge about the microfinance landscape in the Ghana, the research agenda of the Network is to systematically examine the status quo, efficiency, effectiveness and challenges of the given microfinance design in Ghana. By testing and evaluating existing and potential future microfinance schemes, the Network’s research collects information...
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In order to emphasis the strong demand for sustainable microfinance institutions, the Network puts high importance on promoting transparency and accountability of microfinance stakeholder in the Sector. Transparency helps the public (e.g. target groups, donors, financiers) to understand the microfinance-related policies by collecting reliable operational data on the performance of partners, and adds tremendous value...
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GHAMFIN, a network of mostly microfinance associations (MFAs) and their member microfinance providers is very active in playing an advocacy role and lobbying on issues of concern to the sector. The network provides a common platform for MFAs and MFIs to speak with one voice. The need for an advocacy mechanism is also related to...
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The microfinance industry in Ghana has been advancing in the areas of deepening financial inclusion but this has not happened without any challenges. As the industry grows, new challenges are arising, such as the need to ensure compliance of the guidelines in the regulation, promotion and adherence to industry best practises etc. This called for...
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This was a project designed to enhance industry transparency, promote largely consumer education and financial literacy. The RF Program supported the development of   Database software to analysis industry performance on selected social and financial data. Development of Client Complaint System across the industry . The program also enhance the general Consumer protection activities and financial...
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