Fast growing microfinance company, Capital & More, has received an international award in recognition for its outstanding performance and services in the country’s microfinance sector that is helping to grow small scale businesses in the informal sector.
At US-Africa International Women’s’ Day Business Conference and Excellence Awards in the United States, Capital & More was given the prestigious ‘Outstanding SME Finance in Africa Award’ by the Africa Informer Magazine.
The implementation of a new strategy and a total overhaul of the business and internal structures in the past 18 months has increased the company’s assets from 1 million dollars to 1.8 million dollars.
It has also moved the company’s return on investment from -35 to breakeven within the same period; thus positioning the company for profit and growth this year.
With its exciting products including high-yielding investments, savings and flexible loans repayment plan, Capital and More is increasingly becoming a household name in the non-banking financial institution sector, offering businesses in the unbanked and the informal sector the opportunity to grow and improve their businesses.
Managing Director of Capital & More, Akosua Oppong-Tawiah who received the award in Dallas, Texas, on behalf of the company thanked the customers and staff for the feat achieved, which she said resulted in the award, as well as the organisers for the recognition.Mrs Oppong-Tawiah said winning this international award was a “humbling experience”, especially coming barely two months after she was adjudged best Microfinance Personality of the Year 2016 for her outstanding contribution and expertise to the financial sub-sector.
“We will continue to innovate to push out the best in microfinance products and services whiles keeping our eyes on best practice and the global perspective on financial inclusion,” Mrs Oppong-Tawiah, assured.
By Stephen Kwabena Effah|3news.com|Ghana