December 10, 2017 10:59 PM ET

Consumer Finance

Company Overview of Izwe Loans Limited

Company Overview

Izwe Loans Limited, a non-bank financial institution, provides micro finance, and financial and related services in Ghana. It offers personal loans to permanently employed civil servants; and various investment options. The company was incorporated in 2010 and is headquartered in Accra, Ghana. Izwe Loans Limited is a subsidiary of African Micro-Finance Equities.

Maestro Plaza

1st Floor

Kotobabi High Street

Accra,  

Ghana

Founded in 2010

160 Employees

Phone:

233 302 251 042

Key Executives for Izwe Loans Limited

Executive Director
Compensation as of Fiscal Year 2017.

Izwe Loans Limited Key Developments

Izwe Loans Limited Announces Unaudited Earnings Results for the Six Months Ended June 30, 2017

Izwe Loans Limited announced unaudited earnings results for the six months ended June 30, 2017. For the period, the company reported interest income of GHC 37,333,000 compared to GHC 32,673,000 a year ago. Net interest income was GHC 19,278,000 compared to GHC 15,164,000 a year ago. Net operating income was GHC 16,998,000 compared to GHC 12,608,000 a year ago. Profit before tax was GHC 2,620,000 compared to GHC 3,339,000 a year ago. Profit for the period was GHC 1,834,000 compared to GHC 2,338,000 a year ago. Net cash flows from operating activities were GHC 25,592,000 compared to GHC 16,008,000 a year ago.

Izwe Loans Limited Appoints Angela as Non-Executive Director

Angela was appointed as a non-executive director of Izwe Loans Limited with effect from March 27, 2017.

Izwe Loans Limited Announces Unaudited Earnings Results for the Six Months Ended June 30, 2016

Izwe Loans Limited announced unaudited earnings results for the six months ended June 30, 2016. For the period, the company reported interest income of GHC 32,673,000 compared to GHC 24,827,000 a year ago. Net interest income was GHC 15,413,000 compared to GHC 8,631,000 a year ago. Net operating income was GHC 12,857,000 compared to GHC 7,378,000 a year ago. Profit before tax was GHC 3,336,000 compared to GHC 705,000 a year ago. Profit for the period was GHC 2,335,000 compared to GHC 554,000 a year ago. Net cash flows from operating activities were GHC 16,008,000 compared to GHC 7,641,000 a year ago.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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