Product

  • Outreach, Education and Training
  • ACHI launched its outreach and sensitization programme introducing the organization's services and products available to the people at the targeted rural poor farming and fishing communities in the Sene District of the Brong Ahafo Region in 2007.

    The outreach programme was done through community meetings, word of mouth and personal contacts, coordinating and informing the rural poor farmers and fishermen with news of the microfinance project of ACHI. Our outreach programme has recorded a total membership intake of 8,036 people, who are engaged in agriculture production and micro business enterprise activities in 45 farming and fishing communities in the Sene District of the Brong Ahafo Region of Ghana and were grouped into 212 loan groups as at 31 st August, 2009.

    The organization is currently operating from its Kajaji office, located in the “Sene District” of the Brong Ahafo Region of Ghana , serving only 1,628 members about 20% of total membership intake of the organization from forty five (45) deprived rural poor farming communities due to limited resources.

    Kajaji is a re-settlement community created by the Volta River Authority (VRA) in 1964 to pave the way for the construction of the Akosombo Dam, the largest man-made Lake in the world. The people of Kajaji and its environs are predominantly farmers and fishermen who are very deprived and poor due to the destruction of their farms and properties during the flooding of the Volta River in the 1964 when the Dam was completed.

    During the period of the resettlement of the communities living along the River Volta, the people completely lost all their properties, including farms and livestock to the rapid flooding of the river and no compensations were paid to the people and left to their fate.

    Our growth strategy follows the goals of deeper vertical penetration in our current area of operation with more diversified products and services to increase outreach.

    As a micro financing organization, ACHI is looking to position its self across the country where our future plans will be directed towards the principles of micro financing to drive the sector towards best practices, member focused strategies and transparent governance.

    Our food crop farming, fishing loans and micro enterprise loans strategy will be built to strengthen the relationship with our members and broaden the products and services offered. ACHI is working to strengthening its systems and processes and introduce more diversified products on a large scale and also at a faster speed to cover more of the rural poor to the mainstream finance.

    Institutionally, ACHI will place more emphasis on staff training programmes for internal capacity building requirements to improve growth.

    Financially, ACHI aims to partner with individuals, financial institutions, and international donor organizations to access diverse sources of funding to reduce the cost of funds and operations to build efficiency and increase outreach.

     

 

 

PARTICULARS

 

 

No. of Rural Poor Communities Targeted in Sene District

 

150

No. of Operating Districts (Sene District) B/A

 

1

No. of Rural Poor Communities Reached (Sene District)

 

45

No. of Operating Offices (Kajaji) Sene District

 

1

No. of Micro Finance Loan Groups Served

 

32

No. of Loan Clients (members who currently have a loan)

 

622

Amount of Loans Disbursed (Cumulative)

GH¢

149,878.00

 

USD $

103,364.00

Amount of Loans Outstanding

GH¢

79,168.00

 

USD $

54,599.00

Total No. of Staff

 

12

Group Guarantee Funds

GH¢

54,567.00

 

USD$

37,632.00

Active Group Members

 

1,628

Outreach (No. of Membership Intake)

 

8,036

No. of loan groups animated and formed- Sene District

 

212

Head office of ACHI (Fumesua-Ejisu/Juaben District

 

 

 

 

 

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