Consultative Meeting with Financial Institutions

Recent Updates

GIRSAL has held its first formal consultative meeting with heads and senior management of financial institutions in Ghana; the engagement happened on the 9th of July 2019 at Alisa Hotel in Accra.

The meeting formally introduced GIRSAL as an institution established to de-risk agric financing for Financial Institutions and the Agricultural Credit Risk Guarantee Scheme (CRG). Present at the meeting were the board of directors of GIRSAL and 40 representatives of 15 financial institutions.

The staff of financial institutions were given a presentation on the overview of GIRSAL, supported agricultural value chains, the Risk Sharing model, GIRSAL’s workflow and the Master Agreement. They were also provided a deep dive into the GIRSAL CRG, its process and application and how they can sign on and benefit from the scheme.

After the various presentations followed, an interactive session for participants to ascertain other relevant information that needed clarity. This provided participants with the platform to engage with other present officials.

GIRSAL, at the end of the session, presented the road map, which outlines follow up engagement plans to help sign the financial institutions onto the CRG scheme.