The Chief Executive Officer of BEIGE Capital, Mr Mike Nyinaku, has said the lack of appropriate documentation and the weaknesses in the entire process of asset administration have resulted in a weak credit support system. He said most borrowers at the informal sector either did not have documentation to support their assets or were unable to provide reliable documentation to support their business transactions. That, he said, made it difficult for them to qualify for support from willing micro finance institutions (MFIs ) and also difficult for the MFI’s to assess their needs and support them in the way it should. Mr Nyinaku was speaking on the challenges and successes of BEIGE Capital at the First West Africa Micro Finance Conference (WAMIC 2013) in Accra . He stated that finance institutions that dealt mainly with the informal sector were experiencing a gradual decline in the quality of borrowers in spite of the increasing availability of funds. The danger here, he said, was that there could come a time when there would be too much money in the system but very few quality borrowers. The CEO encouraged participants and practitioners to consider the practice of supply-chain financing as an alternative to preventing the diversion of funds by borrowers. Mr Nyinaku said managing small loans was costly yet in a developing economy such as Ghana, the micro finance market had the largest concentration of borrowers whose combined activities collectively drove the growth of the country. He said as a growing player in the market, however, BEIGE Capital remained committed to delivering financial services innovated to suit the peculiar needs of this informal sector. Mr Nyinaku debunked the notion that Savings and Loans companies differed from Micro Finance Institutions (MFIs). He noted, however, that Savings and Loans companies were also micro finance institutions who by virtue of their capital size were able to offer services to a larger group of clientelle besides consumers at the micro level. He said BEIGE Capital currently offered financial services to clients at the very micro level and also those at the medium scale levels. The theme for the three-day conference was ‘Empowering Africa for Economic Peace: The Role of the Microfinance Sector and BEIGE Capital was chosen to share its story as a case study for participants. The African Centre for Peace Building (AFCOPB), created the platform for the international engagement on the micro finance sector and the event was supervised by the Bank of Ghana.