Audio By Carbonatix
The Atwima-Mponua Rural Bank at Nyinahin has released 3.8 billion cedis as loans to 2,008 clients to support micro-finance projects.
The bank has also donated cement, roofing sheets and paint to some communities in the area.
Mr Dominic Baah Ayim, Head of the Micro-Finance Department of the bank, said this at the inauguration of "Odo Ne Ntease Kuo", a benevolent society at Kofihiakrom near Nyinahin in the Atwima-Mponua District at the weekend.
Mr Ayim advised the people to cultivate the habit of saving with the bank to enable them obtain more financial assistance and also resist the temptation of flamboyant lifestyles whenever their businesses begin to grow.
Mr Atta Frimpong, the Chairman of the society, commended the bank for its support to the members and said so far 90 million cedis loan had been granted to enable members expand their businesses. He said the society started with 11 members and now has 60 members.
GNA
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
MTN Ghana webinar urges SMEs to get financial discipline right
10 minutes -
Duvor Klu, Hua crowned champions as J30 Accra Week 1 concludes
23 minutes -
Gov’t to make rural telephony services cheaper by first quarter of 2027 – Sam George
46 minutes -
National Chief Imam remains Ghana’s strongest symbol of interfaith harmony – Mahama Ayariga
1 hour -
Gov’t to upgrade all rural telephony networks to 4G capability – Sam George
1 hour -
‘We’ve never seen a CJ in our judiciary system who is everywhere like MTN’ – Janet Nabla
1 hour -
Lawyers, prosecutors fume over abandoned 26-year-old Upper West High court project
1 hour -
At least two dead in blast at Bolivia military barracks
2 hours -
Tate brothers officially indicted with trafficking and sex crimes in Romania
2 hours -
US envoys arrive in Moscow ahead of Ukraine talks
2 hours -
Health Minister to brief media on Free Primary Healthcare programme on Monday
2 hours -
‘It was inappropriate to make that comparison’ – Dr Pumpuni Asante on CJ’s SOE comment
3 hours -
Photos: Final-day shopping continues at Joy FM Back-to-School Discount Fair
3 hours -
Darkey and Frimpong set up J30 Accra boys’ doubles final
3 hours -
When war takes more than territory: The human cost of conflict
3 hours