Adehyeman Savings and Loans Limited

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Adehyeman Savings and Loans Company Ltd. (Adehyeman) was licensed by the Bank of Ghana on 11th January 2005 under the Non-Bank Financial Institutions Law (PNDCL 328) as a Non-Bank Financial Institution (NBFI). Consequently, the company has the legal and regulatory mandate to receive deposits and as well offer loan products. In November 2005, we started the first branch in Makola. At that time, the company commenced operations with its target market focused largely on the micro finance industry especially on market women. Initially, we offered “susu” type services.

In March 2008, the company opened its second branch at Dome, opposite the Dome Market. In July 2008, ASL decided to refresh and grow its business through branch expansion, as well as the introduction of new products to deepen its target market and reposition itself as one of the leading savings and loans companies in Ghana. Consequently, Adehyeman decided to change its strategy by moving out of the “susu” type service where customers had to save and borrow against their savings into a system where the credit worthiness of a client is assessed before lending. To effectively achieve this, the company decided to expand its target market to include small and medium business enterprises, while at the same time, improving its services to the microenterprise sector. I

n addition, we ensure that our deposit products meet the needs and preferences of our clientele. We offer flexibility, attractive returns, quality services, security, transparency, and quick access. Today, Adehyeman has 3 branches and one agency which service both deposit and loan clients. These customers are largely individuals, micro and small enterprises who operate businesses within catchment areas of our branches. Adehyeman reaches out to its clientele through its customer relationship officers and credit officers assigned to specific territories targeted by the branches. Our dedication can largely be seen in the variety of products and services that we offer. With the aim of growing to scale, Adehyeman developed the medium term strategic plan with the following objectives: Strategic Objectives for FY 2009-2012 To grow Adehyeman to scale and become the leading microfinance service provider in Accra, and subsequently in Ghana To achieve financial and operational sustainability, and thereby maximise shareholder returns To attain recognition in the global Microfinance industry as a stable and strong financial intermediary With a strong and focused Board of Directors, committed members of Senior Management, and hardworking staff, the client is assured of high quality, world-class service.

The word Adehyeman is an “Akan” (native to the Eastern Region of Ghana) word, which means Royalty. Indeed, “With us, You are a Royal.”