Boafo Microfinance Services Ltd, a newly established microfinance institution (MFI), recently disbursed its first microcredit loans in Accra, Ghana. The organisation is the product of a joint venture between CHF International, a US based non-profit humanitarian and development organisation founded in 1952, and HFC Bank, a commercial bank and the largest mortgage provider in Ghana which also has experience of providing microfinance loans.
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