As part of the capacity building of the members of the association, management of GCSCA and GIZ are organizing regional trainings on the new Bank of Ghana business rules and sanctions for MFIs. Two trainings have been held already for members in the Greater Accra and Ashanti region respectively. The one held in Greater Accra region was at Crystal Palm
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All members of GCSCA are to purchase shares in the association at the rate of GH¢1 per share with a minimum share purchase of 500 shares and maximum of not more than 50% of total share value. Each region will hold 85% of the total share contribution with the remaining 15% more. All members of GCSCA are to purchase shares
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Introduction Traditionally Susu has been one of the oldest forms of savings methodology in Ghana. Thriving on the backdrop of interpersonal relationships, trust and confidence, this form of business operation has been able to withstand the test of time. Today almost all the Commercial Banks and Non-Banking FinancialInstitutions (NBFIs) use this model to mop up funds from clientswithin the informal
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At the 11th Annual General Meeting (AGM) of Ghana Co-Operative Susu Collectors Association (GCSCA), held on 19th October, 2017 at Maxlot Hotel, a resolution was passed by members to change the fund managers for the Susu Investment Fund (SIF). The SIF is a statutory fund set up by the Association and Bank of Ghana for licence operators. Payments to the
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Indeed, the Ghana Co-operative Susu Collectors Association has come a long way in offering convenient financial services to many Ghanaian households” this is wholly due to the good work done in the background by its loyal members. In a bid to honour such outstanding personalities’ Mr. Emmanuel Quarshie, is being profiled to share what has made his business successful and
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