Sinapi Aba Savings and Loans

Sinapi Aba Savings and Loans

Small and micro-credit services to viable small and micro enterprises. Learn more
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DateInvestorsAmountRound

N/A

Growth Equity VC
*

€2.5m

Grant
Total Funding$2.8m

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Sinapi Aba Savings and Loans is a Non-Banking Financial Institution licensed under the Non-Bank Financial Institutions Act 2008 (Act 774) in Ghana. Established on March 28, 2013, Sinapi Aba is dedicated to providing innovative financial solutions and training to entrepreneurs in micro, small, and medium enterprises (MSMEs). The company aims to improve business operations and enhance income-generating opportunities for economically disadvantaged individuals, thereby improving their standard of living and positively transforming their lives.

Sinapi Aba operates in the financial services sector, specifically focusing on savings and loans. The company serves a diverse clientele, including micro-entrepreneurs, small business owners, and medium-sized enterprises. By offering tailored financial products and services, Sinapi Aba helps these clients grow their businesses and achieve financial stability.

The business model of Sinapi Aba revolves around providing savings accounts, loans, and financial training. The company generates revenue through interest on loans, fees for financial services, and other related financial products. With a network of 44 branches across Ghana, Sinapi Aba ensures convenience, safety, and rapid service delivery through well-trained staff and advanced technology.

In addition to its core financial services, Sinapi Aba collaborates with various partners, such as the Development Bank of Ghana (DBG), to foster SME growth and development. This partnership aims to provide additional resources and support to small and medium enterprises, further driving economic growth in the region.

Keywords: financial solutions, MSMEs, Ghana, savings, loans, financial training, economic growth, SME development, partnership, advanced technology.

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