Sinapi Aba wins Best Bank for Women Entrepreneurs award

Sinapi Aba has been awarded the Gold Winner for Best Bank for Women Entrepreneurs 2020 at the Global SME Finance Awards. Launched in 2018, the Global SME Finance Awards were designed to recognize the outstanding commitments and achievements of financial institutions and Fintech companies in providing exceptional products and services to their SME customers.

Sinapi Aba is a microfinance institution established in 1994 in Ghana by Opportunity International to serve as an incubator that provides business development and income-generating opportunities to economically disadvantaged people, enabling them to improve their living conditions. Sinapi has been a partner of the Foundation since 2018. Through its savings and credit products, Sinapi Aba promotes entrepreneurial development, particularly women's entrepreneurship, which represents 78% of its clients. The institution also contributes to the development of rural areas, as 76% of its clients launch income-generating activities in rural areas.

Sub-Saharan Africa is one of the main regions supported by the Grameen Crédit Agricole Foundation. In Ghana, where the Foundation began operations in 2018, the Foundation is financing the microfinance institution Sinapi Aba with a local currency loan equivalent to €931,000.

More information about Sinapi Aba here.