Naatoa Microfinance has reaffirmed its commitment to restoring confidence in Ghana’s financial sector, according to the Managing Director of Naatoa Group of Companies, Dr. Abraham Ato Ahinful.
As part of this commitment, the company honoured some of its depositors with hampers containing essential items such as rice, tomato paste, champagne, milo, sardines, cooking oil, and canned tuna.
Dr. Ato Ahinful recalled that some years ago, the Bank of Ghana (BoG) revoked the licences of several banks, microfinance, and savings and loans institutions. He noted that the exercise led to job losses and, in some cases, the locking up of depositors’ funds.
He explained that as a result, many Ghanaian business men and women lost confidence in microfinance institutions, savings and loans companies, and even banks.
On her part, the Supervising Director of Naatoa Microfinance Service, Mrs. Esther Ann Ahinful Annan, encouraged members of the public who are yet to do business with the company to consider doing so to enjoy its benefits.
She assured depositors that their funds are safe and can be withdrawn at any time, stressing that the money belongs to the customers.
“Our customers’ money is not our money but is for us to keep or save for them, so that whenever they need it, they will be able to come for it. Anytime they need their money, they will always get it,” she said.
She added that Naatoa Microfinance would continue to safeguard depositors’ funds, with the help of God.