Accra, Oct. 21, GNA – Opportunity International Savings and Loans Limited (OISL), with the Development Bank Ghana (DBG), has organised a forum for private school owners and administrators.
This forms part of activities marking its 2025 Customer Service Week celebrations.
The event, held at OISL’s Circle Branch in Accra, brought together key stakeholders from both institutions.
Participants included Mr Ernest Yerekuu, Chief Executive Officer of OISL; Dr Francis Takyi, Chief Risk Officer; and Ms Sefakor Boadu, Head of Entrepreneurial Projects and Business Development at DBG.
Mr Stephen Yankey, Edu-Finance Manager; Mr Richard Anyamesem, Head of Marketing; and Mr James Ephraim, Area Head for the South-West Area of OISL, were also present with other management and staff.
In his opening remarks, Mr Yerekuu said the forum was organised to foster open dialogue and gather feedback from clients to improve OISL’s products and services.
He said the session also aimed to educate school owners and administrators on OISL’s loan requirements, processes, and digital platforms to help them access financial services more efficiently.
Dr Takyi led an interactive session on the five Cs of credit assessment – Character, Capacity, Condition, Capital, and Collateral.
He highlighted the importance of proper record-keeping in private schools and maintaining a good credit history.
He also encouraged school owners to separate their business finances from personal accounts.
Mr Yankey explained OISL’s credit delivery processes, including loan applications, turnaround time, and post-disbursement protocols.
He offered practical guidance for school owners seeking financial support.
Speaking on behalf of DBG, Ms Boadu reaffirmed the Bank’s commitment to supporting OISL’s Edu-Finance initiative, which seeks to expand access to credit for schools and women-led businesses across the country.
During a dialogue session moderated by Mr Anyamesem, clients shared useful feedback on OISL’s products and services, especially the Edu-Finance offering.
Most concerns raised were addressed during the discussions, with clients expressing their satisfaction.
Mr Yerekuu later expressed appreciation to the participants for their active engagement and constructive feedback.
He assured them of OISL’s continued support for both the formal and informal sectors, emphasising that the partnership with private schools was intended to enhance access to finance in the education sector and promote sustainable growth.
About 50 school owners and administrators attended the forum.
GNA
Edited by Beatrice Asamani Savage