September 3, 2023

Initiative Development Ghana (ID Ghana) Shines at GHAMFIN Awards 2023


Initiative Development Ghana proudly stood in the spotlight at the awards ceremony organized by the Ghana Microfinance Institutions Network (GHAMFIN) in collaboration with the Financial Inclusion Advocacy Centre. The event, held on the 1st of September, 2023, at the Mensvic Grand Hotel in Accra, celebrated the achievements of over 50 Non-Bank Financial Institutions (NBFIs) across various sectors, including microfinance, rural banks, micro-credits, ‘susu’ enterprises, and credit unions.

Themed “Sustaining the Gains of Finance through Innovation and Technology,” the ceremony highlighted the pivotal role played by NBFIs in driving economic growth by serving as valuable partners and advocates for small and medium-scale enterprises (SMEs).

Initiative Development Ghana’s notable recognition in the “Best in Promoting Financial Inclusion” category underscored its commitment to fostering inclusivity and accessibility in financial services. This accolade reflects the organization’s dedication to making a meaningful impact on the lives of individuals and businesses by expanding financial reach.

Mr. Bernard Joe Appeah, the Board Chairman of GHAMFIN, emphasized the crucial role NBFIs play in facilitating access to capital, supporting entrepreneurship, and promoting financial inclusion.

The rigorous evaluation process, led by an unbiased team of industry experts, ensured fairness and transparency in selecting the deserving nominees across various categories.

The recognition of ID Ghana in this prestigious event serves as a testament to its dedication to promoting financial inclusion and making a positive impact on the communities it serves.

As we celebrate this achievement, it is an opportune moment to express gratitude to the organizers for providing a platform that recognizes and applauds the impactful contributions of organizations like Initiative Development Ghana. The award not only signifies past accomplishments but also motivates ID Ghana to continue its unwavering commitment to financial inclusion through social microfinancing.

In conclusion, Initiative Development Ghana looks forward to building on this success, further solidifying its position as a key player in contributing to the economic growth of Ghana.