Founder and Board Chairman of Bills Micro-credit Limited, Richard Nii-Armah Quaye has disclosed that his organization has provided over GH₵7.5 billion in loans to customers.
The micro-finance company formerly known as Quick Credit, had a modest beginning but has grown to become a leading name in the sector.
Bills Micro-credit which began operations from a cubicle in the house of the founder’s grandfather, now boasts of an annual customer base of over 350,000.
In its 15 years of existence, the company has doled out billions of Ghana cedis in loan facilities to help transform businesses and solve personal financial problems.
Shedding light on the successes of the micro-credit company in a new documentary titled ‘Quick Impact’, the founder mentioned that their loan schemes have created thousands of jobs.
“In the history of our company, we have invested or we have lent over GH₵7.5 billion into the hands of Ghanaians….Over the years we have created thousands of jobs for the Ghanaian youth”, he said.
At this year’s annual conference in Accra held at the Conference Center, the company announced it had disbursed GH₵1.7 Billion in loans in just 2023.
CEO of Bills Micro-credit, Romeo-Richlove Kweku Seshie also disclosed that his outfit targets disbursements to a tune of GH₵2.3 billion in 2024.
Latest Stories
-
Police outlines guidelines for NDC’s nationwide demonstration against EC
14 mins -
Demystifying the claims of rip-offs and arbitrary charges in Ghana’s port sector—from the shipping lines perspective
25 mins -
EducationUSA: Ghanaian students in US benefit from $9 million Investment
39 mins -
Elections not about insults; be decent in your speech – Bawumia to Mahama
44 mins -
Reverse osmosis the most reliable way to filter water – Association of Packaged Water Producers
59 mins -
UG SRC Presidential Race: Court ruling has taught me a lot about life – Guru
1 hour -
Agro-tourism firm announces experience for Ghanaian farmers and agribusinesses to tour Saskatchewan
1 hour -
Peace Council implements measures to ensure peaceful 2024 elections
1 hour -
Staff of banks involved in fraud increases by 46% in 2023; BoG expresses worry
1 hour -
NDC calls for public support for upcoming protest – W/R NDC Secretary
1 hour -
2024/25 GPL: Vision FC secure 2-0 maiden GPL win against Accra Lions
2 hours -
I didn’t pull a gun at DRIP commissioning – Gomoa West MP refutes allegations
2 hours -
Galamsey: Current effort doesn’t match the scale of crisis – Kenneth Ashigbey
2 hours -
I fasted and prayed for days – Ama K. Abebrese recounts how she got ‘Beast of No Nation’ role
2 hours -
Societe Generale Ghana unveils “Home Sweet Loan” mortgage product
2 hours