Susu Operations Go Digital In Ghana

Accra, May 11, GNA – The operations of Susu collectors in Ghana are increasingly becoming digitised following a partnership between the Ghana Co-operative Susu Collectors Association (GCSCA) and Savings at the Frontier. Operators of the financial scheme say with proper data build up and management, they can now easily access the information of clients for speedy service and transparency. Savings

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FULLY PAID-UP MEMBERS LIST FOR 2019

NO ENTERPRISE NAME REGION 1 Kae Homeda Susu Services Ashanti 2 Precious Capital Susu Services Ashanti 3 Never Again Susu Services Ashanti 4 Express Susu Investment Ashanti 5 Adwenepa Nkoa Susu Services Ashanti 6 Afritech Susu Services Ashanti 7 A.C. Susu Enterprise Ashanti 8 Samuel k Susu Enterprise Ashanti 9 First Day Susu Services Ashanti 10 Kankam Bonsu  Jacob Susu

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Digitalisation Workshop and Central Region AGM

GCSCA central region holds its AGM on Thursday 12 2019 in Cape Coast. During the event the new BOD members have been elected and confirm in the presence of the national president, the general manager and the members of the region. The Association used this opportunity to sensitize the members on the digitization Agenda GCSCA is pursuing with the financial

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Establishment of complaints, Grievance and Feedback mechanism

With the help of Responsible Finance – GiZ, the Ghana Microfinance Institutions Network (GHAMFIN) in collaboration with all Apex Microfinance Associations have established a complaints, grievance and feedback system. This is in response to the SMART campaign initiative globally which talks Microfinance institutions being fully transparent in the pricing, terms and conditions of all financial products to their clients. GCSCA

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Code of Business Conduct adopted

At the 10th Annual General Meeting (AGM), held on 7th April 2016 in Cape Coast, accredited delegated members adopted the Code of Business Conduct. The Code reflects the regulations and bye-laws of the Association as well as the Operating Rules and Guidelines for Microfinance Operations by BoG. The Code does not replace but complements the Bye-laws of GCSCA and BoG’s

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69% Of Susu collectors operate illegally: BUSAC Study

Out of 1,500 susu collectors operating in the country, only 472 of them, representing 31 per cent, are licensed by the Bank of Ghana (BoG).The rest, representing about 69 per cent, operate without licence from the regulator. These are some of findings of a study conducted by the Ghana Cooperative Susu Collectors Association (GCSCA) with funding from the Business Sector

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Pan African Savings & loans and GCSCA Workshop

The board of GCSCA has entered into an agreement with Pan African Savings and Loans to enable members of GCSCA access a credit facility from Pan African Savings and Loans at minimal rate to expend their operations. This credit facility is assessable for members who have been in operation for more than two years and also considered as members of

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Increment of Annual Subscription Fee

The annual subscription fee of members was increased from GHc170 to GHc200 at the 11th AGM of the association held on October 19, 2017 at Maxlot hotel in Accra. This new increment will take effect from the year 2018. Members of GCSCA are to take note of the increment of the annual subscription fee of the association and comply accordingly.

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Elections of Board of Directors

At the 10th AGM, delegates elected the new Board of Directors for the Association. The election was conducted and supervised by the registrar’s office, Department of Cooperatives. Nominations were opened for vacant positions on the board. Three persons were nominated for the Presidential’s position. The rest of the executive positions, had one nomination each. For the Presidential position, Rev. Peter

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