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23.12.2010 Business & Finance

Management of Airtel Ghana in partnership with GESRO Co-operative Credit Union

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December 23, 2010
Accra, Dec. 23, GNA - The management of Airtel Ghana in partnership with management of GESRO Co-operative Credit Union of Ghana Education Service (GES) in Takoradi has established a scheme to enable members re-pay loans, save or check their contributions through its commercial service, Airtel Money Transfer.

Under the scheme, members would be required to register their personal details, with a valid photo identity card, with Airtel agents, distributor outlets and shops nationwide or any of their partner banks - UBA, Standard Chartered Bank or Ecobank branches.

In a press release copied to the GNA in Accra on Thursday, it said the registered members would have to load electronic money (e-value) on their mobile phones and thereafter could repay their loans, save or check saving balances.

Speaking at the launch of the partnership, Mr Kola Sonola, Marketing Manager, Airtel Ghana, said the company had more than one million customers registered for the service since it was launch this year.

He said Airtel customers had enjoyed the safety and convenience of money transfers through 700 agent points throughout the country and branches of their partner banks.

Mr Sonola urged members of GESRO to join the service to protect their money through a state-of-the-art security application with the use of a password.

Mr Kusi Boachie-Yiadom, Chief Executive Officer of GESRO Credit Union, said management intended to mobilise street hawkers, particularly in Takoradi, to save two Ghana cedis daily for a year.

“At the end of the year, management would acquire a shop for them within a market exclusively for hawkers,” he added.

GESRO Co-operative Credit Union is a micro-finance institution that serves staff of GES and the business community in the Western Region, particularly Sekondi-Takoradi Metropolis.

It has two branches in Takoradi and each at Tarkwa and Daboase.


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