MASLOC has presented 83 buses to GPRTU to help boost its operations across the country.
Presenting the buses to the executives of the union in Accra, the CEO of MASLOC, Mr. Stephen Amoah said his outfit among other things has embarked on several innovations which includes the automation of integrated ICT system across the country.”which is about 85 % complete”.he added.
He also indicated that apart from these initiatives, the turn around time for obtaining loans has reduced to about three weeks. “Interest rate has been reduced by 50%, from 24% per annum to 12% per annum.
He further noted that MASLOC in addition disbursed over 60 million with over 70% of the loans given to women with over 65% recovery rate.
According to the CEO, since assumption of office, MASLOC in collaboration with stakeholders such as MDCE’s have set up over 200 offices across the country.
“Not only that but we have also had three international awards and one national award in two years” He said.
He commended the president and the transport ministry for their support towards the development of the Institution.
By: Ebenezer Kofi Amponsah