Some customers of collapsed microfinance institutions confirm payment of locked up funds


Some victims of the Banking and microfinance crisis in the Ashanti region have confirmed receiving their entire savings as stated by the government.

One of them, Comfort Appiah, a nursing student told GBC’s Radio Ghana that she has received all her ¢3,000.00 savings locked up with the First Allied Savings and Loans company.

In an interview with Correspondent Nicholas Osei-Wusu in Kumasi, Miss Appiah thanked the government for facilitating the payment of the locked-up funds.

She, however, said she has lost trust in the banking and financial system and has resorted to saving part of her income at home.


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