Leverage Microfinance Limited, a mission-driven financial institution committed to fostering financial inclusion in Ghana, has inaugurated a new branch in Kpone, a bustling community near Tema. This expansion marks a significant milestone in the company’s journey to extend its reach and provide accessible financial solutions to underserved populations. The new branch joins the existing Dansoman location in serving a diverse clientele, including small business owners, traders, salaried workers, and agricultural stakeholders. Leverage Microfinance differentiates itself by prioritizing ethical practices and community engagement, aiming to empower individuals and contribute to the economic development of local communities. The Kpone branch launch signifies more than just the establishment of a new banking facility; it represents an opportunity to bridge the financial gap and uplift the lives of those often excluded from traditional financial systems.
The driving force behind Leverage Microfinance’s expansion is its unwavering commitment to making a positive social impact. Chairman Major General Nicholas Peter Andoh (Rtd) emphasized this ethos during the launch event, stating that the company’s goal is to provide access, dignity, and opportunity through financial services. Leverage’s vision extends beyond mere profit generation; it seeks to build trust and foster long-term relationships within the communities it serves. The Kpone branch is strategically positioned to become a vital resource for residents, offering ethical, transparent, and user-friendly financial products designed to cater to their unique needs. This approach not only enhances financial well-being but also promotes economic self-sufficiency and community growth.
Leverage Microfinance has curated a comprehensive portfolio of financial products tailored to the diverse requirements of its target audience. These offerings include business loans for importers, exporters, and small and medium-sized enterprises (SMEs), fostering entrepreneurship and economic expansion. Group lending schemes facilitate access to credit for those who may lack traditional collateral, promoting collaboration and mutual support. Personal salary and controller loans provide financial assistance for salaried employees, addressing their immediate needs. Flexible Susu savings plans encourage regular savings habits, while fixed deposit investments offer higher returns for longer-term financial goals. The design and delivery of these products prioritize transparency, client trust, and operational integrity, ensuring that Leverage Microfinance remains a reliable and accountable financial partner.
The launch of the Kpone branch was further enhanced by the presence of Phillip Kwasi Buaben, former Principal of the National Banking College. Buaben underscored the critical need for ethical conduct and strong values within Ghana’s financial sector, particularly in the aftermath of recent reforms. He commended Leverage Microfinance for its steadfast commitment to integrity and resilience, highlighting its ability to navigate the financial sector cleanup successfully. This resilience stands as a testament to the company’s sound financial stewardship, strict adherence to regulations set by the Bank of Ghana, and unwavering commitment to ethical practices. By upholding these principles, Leverage Microfinance has earned the trust of its clients and cemented its reputation as a responsible and reliable financial institution.
The opening ceremony was a testament to the collaborative spirit that underpins Leverage Microfinance’s operations. Representatives from the Kpone Traditional Council and officials from the National Association of Microfinance Companies joined in celebrating this significant occasion. Both groups expressed their confidence in Leverage’s ability to contribute positively to the local economy and urged residents to embrace the opportunity to access these vital financial services. The Kpone Traditional Council emphasized the potential for local businesses to flourish and for individuals to build a stronger financial future, highlighting the transformative impact that access to responsible financial services can have on a community. This collaborative approach ensures that Leverage Microfinance remains deeply connected to the communities it serves.
Leverage Microfinance’s CEO, Mr. Gilbert Adamtey, reiterated the company’s long-term commitment to bridging financial divides. He emphasized that Leverage’s strategies go beyond simply maximizing profits, focusing instead on solutions that address the real-life financial needs of everyday Ghanaians. This customer-centric approach is evident in the company’s adoption of digital tools and door-to-door engagement strategies, ensuring that their services reach even the most remote communities. The opening of the Kpone branch represents a crucial component of Leverage’s broader strategy to empower individuals and enhance financial inclusion across the Greater Accra Region. Moving forward, Leverage Microfinance maintains its unwavering focus on providing safe, regulated, and people-first financial services, committed to transforming livelihoods one branch, one loan, and one customer at a time.
