About GHASSFIN
Ghana Association of Financial Non-Governmental Organisations
Our Vision
Sustainable, responsible, financial inclusion for every low-income household.
Our Mission
As the APEX for all Financial NGOs in Ghana, we partner with stakeholders to influence microfinance regulations and policies; research, source and share cutting edge microfinance resources, knowledge, standards, innovation and technology with FNGOs to enable them deepen financial inclusion.
How We Achieve This:
- We are the APEX for all FNGOs in Ghana
- We partner with stakeholders through advocacy to influence regulation and policies
- We research, source and share cutting edge resources, knowledge, standards, innovation and technology
Our Corporate Goal
To contribute to poverty reduction through responsible and sustainable micro finance operations in Ghana.
Organizational Status
Registered as a company limited by guarantee and functions as an 'Agent Association' supporting the Bank of Ghana's regulatory supervision.
Our Core Values
These values guide our work and define our commitment to the communities we serve.
Transparency
We provide relevant information on activities and programmes to the satisfaction of all stakeholders.
Stewardship
Creating accountable and committed members and committed secretariat governing team willing to build.
Partnership
Increase collaboration with stakeholders to enhance accountable mandate and service delivery.
Participation
We ensure our members understand, appreciate and participate in governance and decision making.
Our Aims & Objectives
GHASSFIN works to strengthen the financial inclusion landscape through these key objectives.
Umbrella Organization & Networking
We bring members under one umbrella organization and develop professional relationships among members and all stakeholders in the microfinance ecosystem.
- Unified representation of FNGOs
- Professional relationship development
- Stakeholder engagement
Advocacy & Policy Influence
We partner with apex bodies and networks to build a unified front for lobbying government, development partners and regulatory bodies to influence microfinance policies.
- Government lobbying
- Policy influence
- Regulatory advocacy
Standards & Capacity Building
We provide acceptable operating standards of practice, monitor member operations, and build capacity to empower clients for sustainable businesses and livelihoods.
- Operating standards development
- Code of conduct enforcement
- Member capacity building
Financial Inclusion Goals
Through our work, members are able to deepen financial inclusion by ensuring:
Affordable Access
Access at reasonable cost for all households to a full range of financial services, including savings, payments, credit and insurance
Sound Institutions
Sound and safe institutions governed by clear regulation and industry performance standards
Sustainability
Financial and institutional sustainability to ensure continuity and certainty of investment
Competition & Choice
Competition to ensure choice and affordability for clients
Our History
The Ghana Association of Financial Non-Governmental Organization, being the Apex body of Financial Non-Governmental Organizations, was inaugurated in Tamale in October 2005 during the celebration of the United Nation's International Year of Microfinance.
GHASSFIN was established to bring together all the Non-Governmental Organizations (NGOs) involved in financial intermediation. Our constitution was promulgated in 2005 and first reviewed in 2008 to guide the operations of the Association.
With the advent of regulation of the industry by the Bank of Ghana in 2011, together with the setting up of the Association's Secretariat and appointment of an Executive Secretary, it became necessary for the Constitution to be revised to respond to the changing trends of the industry.
View Our ResourcesOur Governance Structure
GHASSFIN is governed by a Board of Directors (National Executive Council) and supported by specialized committees and a professional secretariat.
Board of Directors (NEC)
National Chairman
Overall leadership and strategic direction
National Vice-Chairman
Deputy leadership and support
Regional Chairpersons
South-East, South-West, Southern zones
Northern Zone Chairpersons
Three Northern zone representatives
Supporting Committees
Finance and Audit Committee
Standing Committee
Financial oversight and audit supervision
Governance Committee
Governance oversight and policy development
Communication & Member Services
Member engagement and communication strategy
GHASSFIN Secretariat
Management Team
Executive Secretary and senior management providing strategic leadership and operational oversight
Professional Staff
Dedicated team implementing programs, services, and day-to-day administrative functions
The Secretariat undertakes the administrative function of the Association through professional management and staff
Regional Zone Structure
Northern Zones (3)
Three distinct zones covering the northern regions of Ghana
Southern Zones (2)
Two zones covering the southern regions including South-East and South-West
Our Products & Services
GHASSFIN provides comprehensive services to enhance member institution capacity while protecting the safety and soundness of the financial system as an Agent Association of the Bank of Ghana.
Services to Bank of Ghana
Member Mobilization & Registration
Facilitating member recruitment and registration processes
License Application Processing
Supporting members through licensing procedures and requirements
Monitoring & Reporting
Continuous monitoring and reporting on FNGO activities and performance
Public Education
Educational programs for public awareness and financial literacy
Ethical Standards Implementation
Implementing and enforcing industry norms and ethical standards
Performance Reporting
Regular reporting on Association performance and impact
Services to Members
Capacity Building
Training programs and technical assistance to strengthen institutional capabilities
Advocacy
Policy advocacy and representation of member interests at national level
Research & Knowledge Management
Research initiatives and knowledge sharing platforms for best practices
Funding Support
Facilitating access to funding opportunities and financial resources
Strategic Repositioning (2023-2027)
Our current strategic plan focuses on repositioning GHASSFIN to strengthen key areas for enhanced effectiveness:
✓ Governance organizational framework enhancement
✓ Operational and administrative effectiveness
✓ Member regulatory compliance management
✓ High-level quality member services delivery
✓ Financial sustainability of the Association
✓ Active stakeholder engagement in microfinance industry
Join Our Mission
Partner with us to advance financial inclusion and create lasting impact in Ghana's communities.