Market women in Koforidua, capital of New Juaben Municipality, have paid glowing tribute to P-MAG Investment Company, a non-deposit taking micro financial institution in the region, for its immense economic contributions.
According to them, P-MAG Investment Company, which started its operations from a table top in 2008, with a minimum amount of ¢22 million old Ghana cedis, had saved many collapsing small enterprises in the region, since its inception.
They expressed their satisfaction at the quality of service delivery of the company, which started with four staff, and lends money to individuals with small and medium enterprises (SMEs), in an attempt to boost their businesses, since they hardly get loans from the banking institutions.
P-MAG INVESTMENT can now boast of over 60 workers and seven other branches in the country, currently spread out in three of the ten regions, namely Greater Accra, Eastern and Central.
With excellent customer relationship, demonstrated by the well trained and organised staff nationwide, P-Mag Investment has been labeled one of the fastest growing financial institutions in the Eastern Region.
This came to light during a sensitisation workshop organised by the company to educate traders on processes of sourcing loans, and what to do in order not to default.
Speaking at the programme, the Chief Executive Officer (CEO) of the company, Mr. Philip Gborku, said P-Mag Investment can boast of proper financial and social security.
According to him, all investments were highly secured and protected by the State Insurance Company (SIC), meaning investments portfolio chosen by every shareholder, as well as investors, and those given to customers, are well protected to avoid investment loss.
Mr. Gborku further took opportunity of the occasion to throw light on the upcoming 5 th Anniversary celebration of the company.
He assured the traders of his outfit’s commitment towards promoting social and economic development, through the provision of timely financial assistance, investment, and business education for the growth of individuals’ businesses.
‘We will ensure the satisfaction of our clients, investors, shareholders and staff in all our transactions; we strive for friendliness and courteousness towards all manner of persons,’ the P-MAG CEO added.
This, he said, if done, would add some financial impetus to the activities of the traders, as well as the company, to satisfy their customers’ concerns, reward them, and at the same time, train and develop the hardworking and loyal employees to maintain the integrity and professionalism needed in the business.