IFS Financial Services, a non-bank financial institution, has presented a cheque for GH¢10,000 to Central Aid, a Non-Governmental Organisation in Accra.
The donation, which forms part of its fifth anniversary celebrations, is to support Central Aid, the social arm of the International Central Gospel Church (ICGC), offer more support to needy but brilliant students.
Mr. Kojo Ohene-Kyei, Chief Executive Officer of IFS Financial Services, said the company believes in helping to transform the lives of people in the communities where it operates.
He said the company has over the years supported various health, education and religious programmes.
Mr. Ohene-Kyei said the company has met the minimum capital requirement of the Bank of Ghana (BoG). “We have at this point met the one million minimum capital requirement set by the Bank of Ghana for Finance Houses. This will be formalised before the December deadline.
“As we celebrate the achievements of our past, we are even more poised to position our company as the preferred financial partner through our quality service delivery, endearing relationships with clients and stakeholders, and increased access points,†he added.
Mr. Ohene-Kyei added that IFS will continue to deliver innovative financial services that grow the businesses of cherished customers and positively affect their lives.
The company also purchased 200 copies of the book titled “Safety for Childrenâ€, authored by Dr. Babara Ensua, to support the education of children on sexual abuse. The books were estimated to cost GH¢1,000.
Madam Akua Adjei, a Board-member of Centre Aid who received the donation on behalf of organisation, said Centre Aid is a human development-oriented and not for profit organisation that was established 20 years ago to provide support for the needy in the society to enable them develop their spiritual and intellectual potentials.
She said Rev. Dr Mensa Otabil established the NGO to help the youth whose educational realisation could be hindered by financial constraints, and that currently about 322 students have benefitted from the scholarship scheme.
Madam Adjei thanked IFS Financial Services for its donation, saying it will facilitate the Centre’s work.

(L-R) Mrs. Adelaide Benneh, Board Chairperson of IFS, and Mr. Kojo Ohene-Kyei presenting the cheque to Madam Akua Adjei and other representatives of Central Aid.
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