Kumasi, Feb. 8, GNA - The Ashanti Regional Office of the
Department of Co-operatives has within the past five years
registered 100 credit unions in the region. Mr Kofi Nsiah Amponsah, the Regional Director of the
Department, said given the crucial role the credit unions are
playing in the fight to reduce poverty, his office would do
everything to assist them. Speaking to the Ghana News Agency (GNA) in Kumasi, he
commended the unions for supporting their members to go into
viable economic ventures. Mr Amponsah identified loan delinquency and internal power
struggles as major challenges faced by the unions, which needed
to be tackled to achieve optimal performance. The co-operative concept, he noted, was important for the
agricultural and transport sectors and should be adopted by
people in these sectors to boost production. Mr Amponsah said his department was stuck with a number
of the problems of inadequate staff, lack of transport and
computers and appealed to the government to help them address
these concerns.
