Founder and Board Chairman of Bills Micro-credit Limited, Richard Nii-Armah Quaye has disclosed that his organization has provided over GH₵7.5 billion in loans to customers.
The micro-finance company formerly known as Quick Credit, had a modest beginning but has grown to become a leading name in the sector.
Bills Micro-credit which began operations from a cubicle in the house of the founder’s grandfather, now boasts of an annual customer base of over 350,000.
In its 15 years of existence, the company has doled out billions of Ghana cedis in loan facilities to help transform businesses and solve personal financial problems.
Shedding light on the successes of the micro-credit company in a new documentary titled ‘Quick Impact’, the founder mentioned that their loan schemes have created thousands of jobs.
“In the history of our company, we have invested or we have lent over GH₵7.5 billion into the hands of Ghanaians….Over the years we have created thousands of jobs for the Ghanaian youth”, he said.
At this year’s annual conference in Accra held at the Conference Center, the company announced it had disbursed GH₵1.7 Billion in loans in just 2023.
CEO of Bills Micro-credit, Romeo-Richlove Kweku Seshie also disclosed that his outfit targets disbursements to a tune of GH₵2.3 billion in 2024.
Latest Stories
-
FDA intensifies crackdown on fake diapers amid growing Health Concerns
1 hour -
Tens of thousands queue to see Pope Francis’s body
1 hour -
UK edges towards youth visa deal with EU
2 hours -
‘We are committed to assisting Ghana and other countries hit by global tariff war — IMF MD
2 hours -
‘IMF targets will be irrelevant by 2028’ – Bright Simons warns against programme exit
2 hours -
‘Early IMF exit makes for great optics, bad economics’ – Bright Simons warns of premature celebration
3 hours -
‘Ghana’s IMF exit is a political show’ – Bright Simons warns of missed reform opportunity
3 hours -
California passes Japan as fourth largest economy
3 hours -
South Africa and Ukraine woo each other – as relationships with Trump turn sour
4 hours -
Benin admits that 54 soldiers killed in attack by al-Qaeda group
4 hours -
Stress doesn’t just affect your bladder. It can hijack your overall health
4 hours -
ECOWAS must unite against violent extremism – Tinubu
4 hours -
ASFC 2025: ‘I look up to Neymar’ – Ghanaian youngster John Andor
4 hours -
The dilemma of Mohammed Kudus: Prestige in Europe or big money in Saudi Arabia?
5 hours -
ASFC 2025: ‘We didn’t come to play’ – Ghana coach cautions South Africa ahead of semis clash
5 hours