Wenchi Rural Bank is committed to fighting poverty through micro finance.
Business Model:
Revenue: $0
Employees: 1-10
Address:
City: Wenchi
State: Brong-Ahafo
Zip:
Country: Ghana
Wenchi Rural Bank was licensed to operate by the Bank of Ghana on 30th June 2010 and we started full operation in September 2010 with 16 full-time staff at our headquarters in Wenchi. Wenchi is located in the Brong Ahafo region of Ghana. Farming is the main occupation of the people in the catchments area of the bank, employing about 70% of the population. Farming here is predominantly subsistence, leading to high levels of poverty and irregular migration of the youth of this area to other parts of the country and even other African countries. Sadly, many of these migrating youth have lost their lives trying to cross the Sahara or even the Mediterranean sea (to Europe) in a bid to escape poverty and unemployment. It is against this background that a group of Wenchi citizens promoted Wenchi Rural Bank to deal with the problem of poverty and its negative effect on the Ghanaian society. Our Goal is to provide excellent banking services to our customers and help reduce poverty in the Brong Ahafo region and Ghana as a whole.
Contact Phone:
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 8/2014 | Venture Round | 1 | - |
Oasis Capital Oasis Capital |
8/2014 | Venture Round | 1 | - |
Oasis Capital Oasis Capital |
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