Branch Microfinance
Branch Microfinance

Front Line Micro – Credit Services (FLMCS), a Micro Finance institution in Takoradi has spread its activities to cover more clients and provide them with easy banking services as they opened a new branch at Nkroful junction a suburb of Takoradi.

Mr Philip Ato Kwamena Bennin, CEO of FLMCS, addressing clients and guests at the event said Front Line Micro- Credit Services which was established three years ago, has been licensed by the Bank of Ghana to provide credit services to businesses and consumers.

He said Front Line was in existence to help grow small scale businesses and to also bridge the gap of poverty, adding that the institution also provided advisory services.

“We advise clients on whether going in for a loan will help their business or not because it’s not all the time that one needs a loan to start a business”.

He explained that Front Line was more interested in cash flows than collaterals, adding ” in going for a loan you must consider if the business you will be investing the money into is much lucrative to yield returns which will help you offset your loan”.

He said opening the new branch at Nkroful junction was necessary to aid proximity for customers traveling from Kojokrom and its environs.

Mr Bennin pointed out that clients could visit the new branch for all transactions instead of traveling all the way to Takoradi the business centre.

The CEO said Front Line Micro-Credit Services which started in the past three years with only 20 clients now had more than 100 and explained that FLMCS gave priority to business because without them they ceased to exist and used the opportunity to invite more customers to do business with the institution.

Representatives from Fidelity bank who are partners of Front Line Micro-Credit Services and offering agency transfer services urged customers to use the facility instead of journeying to their main banking hall.

Representatives from MTN Ghana cautioned customers to be vigilant in mobile money transactions as there were ‘bad people’ out there wanting to rip people of their sweat.

They entreated customers not to entertain people who called them claiming they had wrongly sent money into their account instead, they should direct such persons to call MTN for reversal to be done for them.


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