Annan Capital Partners and Opportunity International to empower over 10,000 female entrepreneurs with GH₵500,000 loans
Opportunity International Savings and Loans Ltd (OISL) has partnered with Annan Capital Partners (ACP) to launch a financial intervention programme aimed at promoting female entrepreneurs across Ghana.
This initiative will provide loans of up to GH₵500,000 to over 10,000 women, fostering economic empowerment, financial inclusion, and business growth.
Due to the pressing need for capital, the turnaround time for loan approval and disbursement will be within one month.
ACP’s matchmaking Agoo platform – yet to be launched – is designed to connect investors with Small and Medium-Sized Enterprises (SMEs), and will be deployed as a medium between the institutions and loan seekers.
The Chief Executive Officer of OISL, Kwame Owusu-Boateng, stated that his outfit will be the first client on the platform, providing loans to female entrepreneurs on the Agoo platform as part of this initiative.
He said the partnership seeks to bridge the financial gap by offering tailored loan products, financial literacy training, and comprehensive business support services, recognising the challenges that female entrepreneurs face in accessing capital.
He added that the initiative is aligned with the broader goal of strengthening local economies by equipping women with the necessary resources to expand and sustain their businesses.
“Our goal is to create sustainable opportunities for women to thrive in business. By providing access to capital and business development resources, we are empowering women to transform their communities,” he said.
The CEO of Annan Capital Partners, Ernest Matthews, announced that the loan application portal will officially be launched on the Agoo platform in July 2025. It will serve as a gateway for eligible female entrepreneurs to access funding and other business development resources.
He explained that the user-friendly digital platform will streamline the application process, making it easier for women to submit their requests, track their applications, and receive financial support without unnecessary delays.
He further indicated that the programme will be executed in phases, starting with targeted outreach to create awareness among potential beneficiaries.
“Following this, loan disbursements will commence, coupled with structured mentorship programmes designed to guide recipients in financial management, business strategy, and sustainable growth,” he said.
“Supporting women in business is not just an economic necessity but a social imperative. Through Agoo, an ACP initiative, we aim to uplift female entrepreneurs and drive economic progress,” said the Chairman of Annan Capital Partners.
The Chairman of Annan Capital Partners, Roberta Annan, said the partnership is designed to break down barriers such as collateral requirements, lack of financial literacy, and limited access to formal banking services for women-led businesses in Ghana.
She added that the partnership would offer financial literacy training to enhance knowledge of business financing and management, and connect beneficiaries to business development experts who will offer mentorship and strategic guidance.
She said that by improving access to funding and equipping women entrepreneurs with the right tools, this initiative aims to create a ripple effect—leading to job creation, increased business sustainability, and a stronger local economy.
Commitment to women’s economic empowerment
This collaboration between OISL and ACP underscores a shared commitment to fostering women’s economic independence. Beyond financial assistance, the programme will also focus on building a supportive network for female entrepreneurs, encouraging peer learning, and promoting long-term business resilience.
The stakeholders in this partnership are optimistic that this initiative will inspire more financial institutions and organisations to invest in women-led businesses, ultimately contributing to a more inclusive financial ecosystem in Ghana.
How to apply
Female entrepreneurs interested in accessing the loans are encouraged to prepare for the application process by ensuring they have the necessary business documentation and a clear plan for how the funds will be utilised.
More details on eligibility criteria and application guidelines will be shared ahead of the portal’s launch.