The microfinance business has recently come under a lot of fire from the regulator, customers and stakeholders in the country. Most of these microfinance institutions in the country have causes a lot of individuals and small and medium-scale businesses to lose their trading capital and investment.
Unfortunately, some of them at the time took advantage of its customers and exploited them for their selfish personal gains. Nevertheless, a lot of them are serving their stated purpose and adding value to the lives of people in this country.
For more on this story visit the following link: Ghana’s Central Bank Praised Over Microfinance Sector
Source: News Ghana