Amansie Rural Bank Launches Flexi Cashflow MSME Loan to Boost Business Growth

Friday, March 14, 2025

The Amansie Rural Bank, in collaboration with GIZ and GOPA, a private German consultancy, has launched the Flexi Cashflow MSME Business Loan to provide accessible, flexible, and affordable financing for Micro, Small, and Medium Enterprises (MSMEs).

The loan product, which includes the Commercial Micro Loan and the Commercial SME Loan, aims to address financial challenges, unlock growth potential, and empower entrepreneurs to scale their businesses. The initiative recognizes the critical role MSMEs play in job creation, innovation, and community development, positioning them as the backbone of Ghana’s economy.

Empowering MSMEs for Economic Growth

Speaking at the launch, Mr. Freddy Kwakye Kyei, CEO of Amansie Rural Bank, emphasized the importance of financial support for small businesses.

“At Amansie Rural Bank, we see MSMEs as the heartbeat of our economy, creating jobs and transforming communities. Yet, too often, access to finance becomes a major obstacle in their journey. This loan product changes that. It’s more than just funding; it’s designed to unlock potential and fuel lasting success,” he stated.

The Flexi Cashflow MSME Business Loan was developed to provide tailored financial solutions that cater to the needs of small and medium-sized businesses, ensuring they receive the necessary support to expand and remain competitive in their industries.

A Commitment to MSME Development

Ms. Cynthia Odonkor, Component Manager under the GIZ PFS Programme, reaffirmed GIZ’s commitment to supporting MSMEs through innovative financial solutions.

“As we launch these two variants of financial products under the Flexi Cashflow MSME Business Loan, we are reaffirming our commitment to supporting MSMEs. We will continue to create an enabling environment that fosters innovation, growth, and sustainability,” she stated.

She expressed confidence that these financial products would make a significant impact on small businesses, helping them grow and contribute to the overall prosperity of Ghana’s economy.

Addressing Financial Barriers for MSMEs

The launch of the Flexi Cashflow MSME Business Loan comes at a crucial time when many small businesses in Ghana struggle with access to credit. High-interest rates, rigid repayment terms, and limited collateral options often prevent entrepreneurs from securing the funding they need.

With flexible repayment options and competitive interest rates, this initiative is expected to bridge the financial gap that has hindered the progress of many small businesses. By removing traditional financial barriers, Amansie Rural Bank, GIZ, and GOPA aim to empower MSMEs to expand operations, create more jobs, and drive economic growth.

A Boost to Ghana’s Economy

Ghana’s MSME sector plays a pivotal role in the country’s economic development, contributing significantly to GDP and employment. However, access to financing has remained a major challenge. The Flexi Cashflow MSME Business Loan is expected to be a game-changer, providing the much-needed financial support for small businesses to thrive.

The initiative reflects the broader efforts of Amansie Rural Bank, GIZ, and GOPA to create a more inclusive financial ecosystem that empowers entrepreneurs and fosters long-term economic sustainability.

With this new financial product, business owners can now access funding with greater ease, paving the way for increased business expansion, job creation, and economic resilience.

The launch of the Flexi Cashflow MSME Business Loan marks a significant milestone in Ghana’s financial sector, as it seeks to address long-standing financial constraints faced by small businesses.

With the combined efforts of Amansie Rural Bank, GIZ, and GOPA, the initiative is poised to transform Ghana’s MSME landscape, ensuring that small businesses have the financial tools needed to succeed and contribute meaningfully to the nation’s economic growth.

Story by Kwadwo Antwi Bosiako