About Us

The Ghana Association of Microfinance Companies (GAMC) is an umbrella association of companies providing microfinance services under the Tier-2 category of Microfinance Institutions operating in Ghana.

Member companies offer both lending and deposit products to their clients. The Association was established in 20th May 2011 to among other things provide members with: information dissemination services; capacity building; supervisory and monitoring services; advocacy and lobbying as well as resource mobilisation.

The Association has over 661 members currently in all ten (10) Administrative Regions of Ghana. It is limited by guarantee.

Our Vision

“The vision of GAMC is to become “A vibrant self regulating body for the 2nd Tier Microfinance Institutions which provides inclusive financial services to low income earners and the unbanked”.

Our Mission

“To introduce credibility and sanity into the operations of 2nd Tier Microfinance companies through self regulation that will enable our members gain recognition from the public, regulatory bodies as well as other stakeholders in Ghana“

Core Values


We will conduct ourselves fairly and honestly, keep our word and maintain high standards as enshrined in the code of conduct and ethics governing the association.


We are dedicated to ensuring the credibility and sanity of the microfinance industry.


We will be truthful and accept responsibility for our actions to members and other stakeholders.


We will provide our members and other stakeholders’ complete and accurate information and educate them in a manner and language that is understandable by them.


The Association is managed administratively by an Executive Secretary who is the Head Administrator at the National Secretariat.

The overall management of the Association is handled by a 5 member National Board comprising the following:


MR. Amponsah-Mensah
National Board Chairman

Mr. Ekow Orleans Boham
National Vice Chairperson

Mr Kwaku Ohene Boakye
Southern sector President

Mr. Nicholas Ndur Osei
Northern sector President

Mrs. Abigail Annobil
Co-opted Member

Mrs. Joyce Sarfo Appiah
Co-opted Member

Mr. Joseph Kwame Donkor
Executive Secretary

Mr. Obed Justice Kwaku Asare
National Board Treasurer

Corporate Objects

GAMC’s key objects are as follows:

Based on the bye-laws governing the operations of the association, the mandate of GAMC are listed below:

Develop membership criteria and be a self-regulating body.

Advocate and lobby on behalf of its members for creation of a conducive operating environment.

Ensure that members abide by the code of conduct and comply with industrial norms.

Set best practices among the member microfinance companies.

Provide services for its members in terms of information, training, and building strategic partnerships.

Provide a unified front for lobbying government, development partners, and regulatory bodies.

Serve as an umbrella body for all microfinance companies in Ghana.