Setting Up a Microfinance Business in Ghana

by Willie
(Ghana)

I want to set up a microfinance business in Ghana but don't have the funding so i need you to help me develop a proposal and business plan which will get me the funding. Can you also link me up with any investor or investors who will be interested? I will really appreciate this.

Comments for
Setting Up a Microfinance Business in Ghana

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Mar 13, 2010
Microfinance - Needs Investors Too
by: Anonymous

I have a registered micro finance company already doing very well. Our default rate after one year operation is zero and currently have an asset size of about GH¢1 million. However the source of our lending funds is very limited since we do not take deposits from the public and potential investors in our business are welcome.

Dec 14, 2009
Microfinance
by: Anonymous

I want to start a microfinance in Liberia. I have a beginning capital. How do i get started

Note:
Please see the note about Kiva, below. this is an excellent organization that can help you get started with your microfinance investment. If you have larger sums of money, also contact the the Grameen Foundation. One of those two organizations would, I am certain, be glad to help you get started.

Microfinance organizations can be difficult to manage. It takes times and dedication to identify and work with the entrepreneurs who will benefit most from your assistance. Both Kiva and the Grameen Foundation have worked through the process. If either of them is willing to share their experience and knowledge with you, you will be far, far ahead of the learning curve.

We do wish you every success in your endeavor.

Oct 27, 2009
AM AN INVESTOR
by: Mike

i have some funds and am looking for good plans to invest in so if u are interested just post your plan here with your mail and mobile, i will call when am interested...

Oct 17, 2009
Business expansion in Ghana
by: Rex

I have established my business where i produce crucibles for some of the mining laboratories like SGS in Tarkwa. I also produce fired clay tiles for cladding. The cottage factory is based in my family house.I want an investor in other to expand my production line. I have the market but limited in resources to meet the demand of the market. I am not interested in bank loans because the Ghanaian banking system only supports "buying and selling". they are not interested in production oriented businesses. I understand them because they are there to make profit; But it doesn't help a developing country like Ghana who should be concerned with industrialization. How do i get an investor?

Thank you.

Sep 18, 2009
Want Funds From Donors - School
by: mike, knust

I have a Junior High School at Adansi-North District which I want philanthropist, NGOs and donors with good will to help expand the school. Can you help by linking me to some of these people being international or local? This is my email- maduseinsowah [at] yahoo.com and my nombeer is 0265364028

Jul 31, 2009
Microfinance in Ghana
by: Jon, Business Plan Specialist

Willie, if I were you, I would contact Kiva and the Grameen Foundation . Both organizations provide microfinancing for the African continent. While they likely cannot invest in you directly, they will probably be able to provide lots of background help, help you set up policies and procedures, and may even be able to point you in the right direction for funding. Microfinance is a very specialized area, not one that most investors are familiar with. It has, I believe, enjoyed more success than traditional lending and has a very promising future throughout the world.

Best of luck with your project!

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