Receiver Warns Customers Of ‘God Is Love’, Others

The Receiver for the 347 insolvent Microfinance
Companies (MFCs) has said it has nothing to do with some microfinance companies
which were closed down by the Bank of Ghana sometime ago.

The companies include Jasper Motors, Care for
Humanity, God is Love and Perfect Edge.

According to a statement signed by the
Receiver, Eric Nipah, there are wild rumours in the Ashanti Region where some
people are telling customers of Jasper Motors, Care for Humanity, God is Love
and Perfect Edge to submit documentation of their claim to A One Microfinance,
which is under his domain, for processing of their claim and payment.

“The attention of the Receiver for the 347
insolvent Microfinance Companies (MFCs) has been drawn to a statement making
rounds in the Ashanti Region about calls on customers of Jasper Motors, Care
for Humanity, God is Love and Perfect Edge to submit documentation of their
claim to A One Microfinance for processing of their claim and payment.”

“The Receiver would like to make clear that
none of the companies mentioned is under its receivership and people do
business with them at their own risk.”

The statement said further that “customers are
not supposed to go to A One Microfinance for payment of any kind whatsoever.”

“For those in his receivership, the validation
process is still ongoing. Furthermore, the Receiver will publish any relevant
information concerning the receivership process. The public is, therefore,
advised to confirm veracity of any communication purporting to be coming from
the Office of the Receiver.”

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