List of microfinance institutions whose licenses have been revoked

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List of microfinance institutions whose licenses have been revoked

The Bank of Ghana has descended on Non-bank financial institutions as part of measures to sanitize the banking space.

The central bank on Friday, May 31, 2019, announced that it had revoked the licenses of some 347 microfinance institutions in the country.

It also took similar action against some 39 microcredit institutions operating in Ghana.

A statement from the central bank said some of the institutions were insolvent while others had been out of operation for some time now.

BoG also said it has informed the Registrar of Companies at the Registrar General’s Department about the revocation and has requested that the Registrar commences “winding up proceedings against these companies.”

Below is the full list of the microfinance institutions whose licenses were revoked by the BoG:

Microfinance Companies – Insolvent

  1. 1st Eye Microfinance Company Limited
  2. Abepa Microfinance Limited
  3. Acea Microfinance Co. Limited
  4. Adom Sika Microfinance Limited
  5. Advalue Microfinance Limited
  6. Ae Microfinance Company Limited
  7. Af Microfinance Company Limited
  8. Afrique Capital Microfinance Limited
  9. Akad Microfinance Limited
  10. Aki Microfinance Company Limited
  11. All Ghana Microfinance Limited
  12. All Inclusive Microfinance Limited
  13. Alliancetrust Microfinance Limited
  14. Amisgold Microfinance Services Limited
  15. A-N Microfinance Services Limited
  16. A-One Trust Microfinance Services Limited
  17. Appiaduman Microfinance Limited
  18. Aspet-A Microfinance Limited
  19. A-Star Microfinance Limited
  20. Axis Direct Microfinance Company Limited
  21. Benkoson Microfinance Limited
  22. Best Microfinance Services Limited
  23. Bluehills Microfinance Limited
  24. Boafo Ne Nyame Microfinance Limited
  25. Bodev Microfinance Limited
  26. Boin Microfinance Limited
  27. Bonamax Microfinance Company Limited
  28. Brite Life Microfinance Limited
  29. Broadview Capital Microfinance Limited
  30. Capital And More Microfinance Company Limited
  31. Capital Connect Microfinance Limited
  32. Cash Multitrust Microfinance Limited
  33. Cashphase Microfinance Company Limited
  34. Cashplus Microfinance Limited
  35. Christian Community Microfinance Limited
  36. Citizen Capital Microfinance Limited
  37. City Credit Microfinance Limited
  38. Connect Capital Microfinance Limited
  39. Cottage Microfinance Limited
  40. Credability Investment And Microfinance Limited
  41. Crown Capital Microfinance Limited
  42. Crown House Microfinance Limited
  43. Cymain Capital Microfinance Limited
  44. Cypress Microfinance Company Limited
  45. Dahinsheli Microfinance Limited
  46. Daily Capital Microfinance Limited
  47. Datacash Microfinance Limited
  48. Dbm Microfinance Limited
  49. Delight Microfinance Company Limited
  50. Des Microfinance Limited
  51. Dolphin Microfinance Services Limited
  52. Donewealth Microfinance Limited
  53. Dove Microfinance Company Limited
  54. Dpf Microfinance Limited
  55. D-Vanc Microfinance Limited
  56. Dwetire Microfinance Limited
  57. Easyfast Microfinance Limited
  58. Ebenezer Microfinance Company Limited
  59. Eclipse Microfinance Limited
  60. Emefs Microfinance Limited
  61. Emeralf Microfinance Limited
  62. Emerge Microfinance Limited
  63. Emeton Microfinance Services Limited
  64. Empire Credit Microfinance Limited
  65. Emwl Microfinance Company Limited
  66. Et Microfinance Limited
  67. Evergreen Microfinance Limited
  68. Expressway Microfinance Limited
  69. Fast Track Capital Microfinance Limited
  70. Financial Republic Microfinance Company Limited
  71. Fino Microfinance Limited
  72. First Call Microfinance Company Limited
  73. First Liberty Microfinance Limited
  74. Fountaingate Microfinance Limited
  75. Frontier Capital Microfinance Limited
  76. Frontline Microfinance Limited
  77. Fts Capital Microfinance Limited
  78. Future Leaders Microfinance Limited
  79. Gab Microfinance Limited
  80. Gad Microfinance Limited
  81. Galaxy Microfinance Limited
  82. Geo Multi Microfinance Limited
  83. Gg Credit Microfinance Company Limited
  84. Ghabsy Microfinance Limited
  85. Giant Steps Microfinance Services Limited
  86. Global Feed Microfinance Limited
  87. Global Trust Microfinance Services Limited
  88. God Is Perfect Microfinance Limited
  89. Goldman Capital Microfinance Co. Limited
  90. Great Nation Microfinance Limited
  91. Greenfield Microfinance Services Limited
  92. Hegis Microfinance Limited
  93. Heritage Microfinance Limited
  94. Hodidi Microfinance Company Limited
  95. Home Support And Allied Microfinance Limited
  96. Idos Microfinance Limited
  97. Integrity Capital Microfinance Limited
  98. Jcf Consumer Microfinance Limited
  99. Jdc Microfinance Company Limited
  100. Jefam Microfinance Company Limited
  101. Jidai Microfinance Limited
  102. Jw Microfinance Limited
  103. Kingdave Microfinance Limited
  104. Kingsbridge Microfinance Limited
  105. Kka Empire Microfinance Limited
  106. Kwahu Microfinance Company Limited
  107. Lake View Microfinance Limited
  108. Legend Microfinance Co. Limited
  109. Liberty Dmi Microfinance Limited
  110. Liberty Trust Microfinance Limited
  111. Lj Cashplus Microfinance Limited
  112. Lloyds Capital Microfinance Limited
  113. Mace Microfinance Limited
  114. Masadar Microfinance Limited
  115. Melbond Microfinance Limited
  116. Meridian Microfinance Limited
  117. Micaid Microfinance Company Limited
  118. Mop Microfinance Limited
  119. Multi Money Microfinance Company Limited
  120. Multibility Microfinance Limited
  121. Nas Microfinance Company Limited
  122. Nationwide Microfinance Limited
  123. New Business Microfinance Limited
  124. New Image Microfinance Limited
  125. New Ways Microfinance Limited
  126. Nkosuo Microfinance Limited
  127. 1 Microfinance Company Limited
  128. Ofs Microfinance Company Limited
  129. Optimal Microfinance Limited
  130. Osomufo Microfinance Limited
  131. Oval Microfinance Limited
  132. Paragon Microfinance Company Limited
  133. Pathway Microfinance Limited
  134. Pearlhouse Ghana Microfinance Limited
  135. Peesam Microfinance Limited
  136. Perebrim Microfinance Company Limited
  137. Planet Microfinance Limited
  138. Planters Capital Microfinance Company Limited
  139. Prime Guaranty Fsl Microfinance Limited
  140. Primecredit Microfinance Limited
  141. Primus Microfinance Limited
  142. Prof Microfinance Limited
  143. Progressive Microfinance Company Limited
  144. Pronto Microfinance Limited
  145. Proseed Microfinance Company Limited
  146. Purpose Microfinance Limited
  147. Q-Star Investments & Microfinance Limited
  148. R&J Gateway Microfinance Services Limited
  149. Rancare Microfinance Limited
  150. Redeemer Microfinance Limited
  151. Renaizance Capital Solutions Microfinance Limited
  152. Reob Fekams Microfinance Company Limited
  153. Rightway Microfinance Limited
  154. Rivers Capital Microfinance Limited
  155. Ropa Microfinance Limited
  156. Ross Capital Microfinance Limited
  157. Royal Steps Microfinance Limited
  158. Royalty Capital Microfinance Limited
  159. Safenet Microfinance Limited
  160. Samag Microfinance Limited
  161. Savannah Microfinance Limited
  162. Savplus Microfinance Services Limited
  163. Silver Trust Microfinance Company Limited
  164. Solid Rock Microfinance Limited
  165. Solutions Microfinance Limited
  166. Sources Unlimited Microfinance Limited
  167. Sovereign Microfinance Limited
  168. Standard Trust Microfinance Limited
  169. Star Alliance Microfinance Limited
  170. Starling Microfinance Services Limited
  171. Startwell Microfinance Company Limited
  172. Supreme Trust Microfinance Limited
  173. The Orange Capital Microfinance
  174. The Rashards Microfinance Limited
  175. The Trustline Microfinance Company Limited
  176. Ti Microfinance Limited
  177. Total Discount Microfinance Limited
  178. True Life Capital Microfinance Limited
  179. Trust Link Microfinance Limited
  180. Trust Microfinance Company Limited
  181. Turnstar Microfinance Limited
  182. Unik Life Microfinance Limited
  183. Unique Microfinance Limited
  184. Unique-Mas Microfinance Company Limited
  185. Vision Credit Microfinance Limited
  186. Voa Microfinance Limited
  187. We Enable Microfinance Limited
  188. Wintrust Microfinance Limited
  189. Wondaland Microfinance Limited
  190. Yan Microfinance Company Limited
  191. Yeken Microfinance Limited
  192. Yoli Microfinance Company Limited

Microfinance Companies – Insolvent And Ceased Operations
1 72 Hours Microfinance Company Limited
2 Abis Plus Microfinance Limited
3 Acit Capital Microfinance Limited
4 Adwenpa Microfinance Limited
5 Adwumaden Microfinance Limited
6 African Trust Microfinance Limited
7 Ag Microfinance Limited
8 Agt Microfinance Company Limited
9 Allot Microfinance Company Limited
10 Arhinpa Microfinance Limited
11 Attention Microfinance Limited
12 Av Global Microfinance Limited
13 Beaconcity Microfinance Company Limited
14 Bedel Microfinance Limited
15 Bengay Microfinance Company Limited
16 Better Life Microfinance Company Limited
17 Big Dreams Microfinance Limited
18 Bik Microfinance Company Limited
19 Boatem Microfinance Limited
20 Boavole Microfinance Limited
21 Brisk Credit Microfinance Limited
22 C.I.G. Microfinance Limited
23 Capital House Microfinance Limited
24 Capital Line Microfinance Limited
25 Captains Microfinance Company Limited
26 Casablanca Microfinance Limited
27 Cashbridge Microfinance Limited
28 Cc Microfinance Limited
29 Citizens Resource Microfinance Limited
30 Comaid Microfinance Limited
31 Comba Microfinance Limited
32 Common Capital Microfinance Limited
33 Community Microfinance Limited
34 Crucial Times Microfinance Limited
35 Cypress Cedar Microfinance Company Limited
36 Daa Nhyira Microfinance Company Limited
37 Dc Microfinance Company Limited
38 Dems Microfinance Company Limited
39 Dg Capital Microfinance Limited
40 Divine Fortunes Microfinance Limited
41 Divine Microfinance Limited
42 Dwadifo Adanfo Microfinance Company Limited
43 Dynasty Microfinance Services Limited
44 Eden Microfinance Limited
45 Ekoba Get Rich Microfinance Limited
46 Elite Microfinance Limited
47 Ellis Microfinance Limited
48 Era Microfinance Services Limited
49 Excel United Microfinance Limited
50 First Fidelity Microfinance Limited
51 Flexi Microfinance Limited
52 Focus Link Microfinance Company Limited
53 Fortress Microfinance Company Limited
54 Frankaman Microfinance Company Limited
55 Giant Gait Microfinance Limited
56 G-Life Microfinance Limited
57 Global One Microfinance Company Limited
58 Gmet Microfinance Limited
59 Godigo Microfinance Limited
60 Golden Trust Microfinance Company Limited
61 Goldpot Microfinance Limited
62 Goodnews Microfinance Company Limited
63 Halal Microfinance Limited
64 High Prestige Microfinance Services Limited
65 Hog Microfinance Limited
66 Ics Microfinance Limited
67 Ik Microfinance Limited
68 Instant Microfinance Limited
69 Investsure Microfinance Limited
70 Jada Microfinance Limited
71 Jays Microfinance Limited
72 Jopat Microfinance Company Limited
73 Jorbies Microfinance Limited
74 Joyhelp Microfinance Limited
75 Joyprin Microfinance Company Limited
76 K. A. D. Microfinance Limited
77 Kanafin Microfinance Services Limited
78 Kapital Express Microfinance Company Limited
79 Karsi Microfinance Limited
80 Kenlasab Microfinance Limited
81 Kingdom Trust Microfinance Limited
82 Landmark Microfinance Limited
83 Last Chance Microfinance Company Limited
84 Latter Rain Microfinance Limited
85 Lead Capital Microfinance Limited
86 Lead Global Microfinance Limited
87 Leap Credit Microfinance Limited
88 Light Microfinance Limited
89 Liquidity Solutions Microfinance Limited
90 Liyac Microfinance Company Limited
91 Loyal Shepherd Microfinance Limited
92 Mallon Microfinance Company Limited
93 Man Capital Microfinance Company Limited
94 Mars Microfinance Limited
95 Megamitch Microfinance Limited
96 Micrene Microfinance Limited
97 Mighty Microfinance Limited
98 Mokap Microfinance Limited.
99 Moneyshop Microfinance Limited
100 Moore Naara Microfinance Limited
101 Mt Microfinance Limited
102 Nativity Microfinance Services Limited
103 Niva Microfinance Limited
104 Noble Dream Microfinance Limited
105 Obaatanpa Microfinance Company Limited
106 Obuoba Microfinance Company Limited
107 Oye Microfinance Limited
108 Panam Microfinance Company Limited
109 Pimcel Microfinance Company Limited
110 Pinnacle Microfinance Limited
111 Platinum Capital Microfinance Limited
112 Premier Microfinance Limited
113 Price Capital Microfinance Limited
114 Profit Point Microfinance Limited
115 Pro-Link Microfinance Limited
116 Prudence Microfinance Limited
117 Purple Microfinance Limited
118 Qodesh Microfinance Limited
119 Quick One Microfinance Limited
120 Reell Microfinance Limited
121 Restore Microfinance Company Limited
122 Rhokida Microfinance Limited
123 Royal Future Microfinance Limited
124 Sag Ave Maria Microfinance Company Limited
125 Say-Adsam Microfinance Limited
126 Seedshare Capital Microfinance Limited
127 Shalom Microfinance Company Limited
128 Shine Credit Microfinance Limited
129 Sica Microfinance Limited
130 Silban Capital Microfinance Limited
131 Sim Microfinance Limited
132 Skycredit Microfinance Limited
133 Skyy Creditline Microfinance Limited
134 Solution Pioneers Microfinance Company Limited
135 Ss Microfinance Limited
136 Ss Stacots Microfinance Company Limited
137 St. Mary’s Microfinance Limited
138 Stalwart Microfinance Services Limited
139 Star Plus Microfinance Limited
140 Star Wealth Microfinance Limited
141 Strategies Microfinance Services Limited
142 Sweet Jesus Microfinance Limited
143 Tbs Capital Microfinance Limited
144 The Informal Project Microfinance Company
Limited
145 Tipping Point Microfinance Limited
146 Trans Microfinance Limited
147 Turning Point Microfinance Company Limited
148 Unicorn Happy Investment Microfinance Limited
149 V-Seed Microfinance Services Limited
150 Waxson Microfinance Company Limited
151 Western Allied Microfinance Limited
152 Wetland Microfinance Limited
153 Wimac Trust Microfinance Limited
154 Wiselink Microfinance Company Limited
155 Xerox Microfinance Services Limited

 

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