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3rd Women Mentorship Program, Kumasi

Sinapi Aba has launched its third Women Mentorship Program in Kumasi with two hundred and eighty entrepreneurs and small and medium scale enterprises beneficiaries.
The beneficiaries will be mentored in modern business strategies and best business practices meant to enhance their operations.

Started in 2020, the program seeks to train and economically empower women especially in the informal sector to better their businesses. Beneficiaries were selected from some operational areas of Sinapi Aba. Though aimed at bettering the lot of women entrepreneurs, it is worthy of note that this edition of the program accepted eight male entrepreneurs.

Tony Fosu, the CEO, who addressed the participants said financial institutions owe their respective operational areas the responsibility of contributing to boosting businesses in the country. He said the growth of SMEs will reverberate into the economy; creating a lasting avenue for business to grow, hence the need to assist them grow.

The Mentorship Program is expected to last for six months with experienced women entrepreneurs training other women entrepreneurs on emerging businesses and on how to expand and grow their ventures. The first cohort under the mentorship programme trained 150 women, while the second trained 225.

Sinapi Aba Savings and Loans hopes to sustain the nationwide mentorship programme to ensure growth in the informal sector.

About Sinapi Aba

Sinapi Aba Savings and Loans is a new company born out of Sinapi Aba Trust. It is a Non-Banking Financial Institution licensed under the Non-Bank Financial institutions Act 2008(Act 774), authorized to carry on the business of Savings and Loans on the 28th of March, 2013 in Ghana. All loan and savings activities that were previously managed by the Trust are new under the care of the savings and loans company.