Tuesday, February 19, 2013

Microfinance firm lends support to sports and more

The management of Kumasi Asante Kotoko has received a Gh₵50,000 sponsorship package from Noble Dream Microfinance Limited.

The financial support is to aid the team’s campaign in the CAF African Champions League.

Kotoko kicked off the competition with an exciting 7-0 win over Sony Ela Nguema at the Baba Yara Stadium on Sunday.

Marketing Manager of Noble Dream, Kwame Basoa is hopeful the sponsorship would ginger the Porcupine Warriors to bring joy to the country.

“We hope that they’ll do well and with this type of entertainment, we know some of our customers, who are most of the time in the Ashanti region, would also be very happy”, he said.

The firm has also made several corporate donations to orphanages, hospitals and mental rehabilitation homes.

Meanwhile, Mr. Basoa says the company has been responding favourably to calls for service extension to rural economies.

The upsurge in the number of firms operating in the financial services sector has focused more on supporting urban dwellers with loans and financial advice.

The Ghana Association of Microfinance Companies has prevailed on members to turn attention to the rural areas with financial products.

Noble Dream, one of the fastest growing microfinance companies, is focused on creating opportunities for people in local communities to save and make credit accessible to all.

The Marketing Manager expects private businesses to take up the challenge of leading rural economic development.

The firm prides itself as the biggest in the sector with its 20 branch network and 220 thousand customer base, as at end of 2012.

Mr. Basoe believes the Bank of Ghana can help protect industry interest in closing firms refusing to submit to regulation.

Story by Kofi Adu Domfeh

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