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
-
PKO trio eye victories at Odwira Festival
2 hours -
346 Ghana Navy recruits pass out after 26 weeks of intensive training
2 hours -
Newsfile to discuss EOCO-MP arrest, drug trafficking, speech arrests and $235m water debt
2 hours -
JoyNews gets results as listeners raise GH¢40,000 to help 17-year-old student with cerebral palsy attend SHS
3 hours -
Vice President calls for stronger local pharmaceutical production to reduce medicine imports
3 hours -
The brewing tension at KNUST; Beware the Ides of October….
3 hours -
Health Ministry moves to integrate traditional medicine into mainstream healthcare
4 hours -
550 pupils in Kintampo South get educational lifeline as ‘Seeds of Hope’ reaches farming communities
4 hours -
Opoku Mensah urges Christian Council, House of Chiefs to speak up on democratic freedoms
4 hours -
Teacher unions’ strike: Minority demands immediate payment of teacher arrears, 20% deprived area allowance
5 hours -
The Accra-Kumasi Expressway: Building it right
5 hours -
Beyond gold exports: Building value and economic resilience from Ghana’s gold
5 hours -
2027 AFCONQ: Ghana under pressure as Gambia beat Somalia 2-1
5 hours -
Eastern NPP Women’s Organiser calls on AG, Police to secure bail for Salomey Baffoe
5 hours -
Poverty, illiteracy driving acceptance of vote-buying among women – Damongo Queen Mother
6 hours