Choosing the right partner to prepare for your financial future is an important decision.

We’re here to walk with you every step of the way – today, tomorrow and in the years to come. Since our launch in 2011, thousands of individuals have turned to us for financial help and we’ve always kept our promises to make their dreams come true.

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About Izwe

Izwe means ‘nation’. It is the essence of what we stand for: uplifting people for the greater good of their country. Our core mandate is to simultaneously improve lives and deliver social upliftment in Ghana while generating solid financial returns through innovative financial solutions and services. We strive to unlock potential by fuelling developmental aspirations in Ghana, aimed at real community and economic development.

Our financial solutions and savings & loans products help make it easy for individuals, entrepreneurs and business-owners to take their financial developmental aspirations into their own hands, thereby stimulating personal financial growth and enabling economic participation.

We use innovative ideas, and digital and mobile financial services to give them the agility to operate faster and more efficiently, with easily accessible, high-performance self-service tools. Speed, convenient accessibility, safety, fairness and accuracy are paramount to our clients, and they can always be assured of our discretion and professionalism.

For our investors and stakeholders, we are able to generate superior returns through effective credit management, comprehensive portfolio reporting and product innovation.

Izwe Africa Group has strong operating entities in Ghana, Kenya and Zambia, supported by South Africa and our head office in Mauritius. We have a solid reach and are perfectly positioned for growth and expansion on all frontiers. For more click here.

A positive impact through responsible lending

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Izwe has an embedded culture of compliance to enable sustainable value for all stakeholders. Our activities are guided by a governance framework of ethics, codes of conduct, policies and commitment to legal compliance.

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Izwe’s Code of Conduct affirms our commitment to maintaining high ethical standards and employee responsibility to enhance our company reputation. The Code clarifies what we stand for, sets high expectations in achieving them, and illustrates our valuesacross the organisation.

Making a difference with our CSI

Public Sector Tertiary Education Scholarship

The Izwe Loans Public Sector Tertiary Education Scholarship Fund was launched in Ghana in 2012. Approximately USD500,000 is accrued on an annual basis.

The fund provides an opportunity for selected brilliant but financially needy children of public sector workers, to undertake a full time undergraduate or equivalent tertiary education program of their choice at a public institution. Click here to read more.

Izwe Savings & Loans Ghana PLC shareholding comprises of African Micro-Finance Equities (AMFE), Abedi Pele Ayew and Raymond Bismarck.

Izwe Savings & Loans Board of Directors

Carole Ramella

Board Chairperson

Madam Ramella is a fundraising advisor and currently the Managing Director of GFA Consulting Limited.

She is a finance graduate from Reims Management School (France) and has an MBA from INSEAD.

She has vast global experience in finance, accounting and corporate governance and has served on a number of boards, key among them being GFA Consulting, Nexto Pharmaceuticals and the IFC EXCEED Program.

She is also a Foreign Trade Advisor for the French Government and sits on the Investment Committee of an international private equity fund.

Angela Gyasi

Non-Executive Director

Angela is a partner at Bentsi-Enchill, Letsa & Ankomah law firm, heading the Pensions, Employment & Immigration Practice Group.

Angela was called to the Ghana Bar in 2001 and has over 15 years’ experience in legal practice.

Currently she specialises in employment, pensions and immigration law, with broad experience in employment issues arising from corporate transactions, providing day-to-day advice on general employment issues and working on high-value transactions

Mabel Nana Nyarkoa Porbley

Non-Executive Director

Madam Porbley is a chartered insurer from CII – UK, who has several years of experience in the insurance and finance space and is currently the managing director of Saham Insurance Ghana, a member of the Sanlam Group in South Africa.

She has a master’s degree in business administration from GIMPA

She serves on a number of boards, key among them Ecowas Brown Card Insurance Scheme and the Ghana Insurance Association.

She has been in leadership positions for 18 years of her 22-year career.

Valentin Mensah

Non-Executive Independent Director

Valentin is a Chartered Accountant who has been in a senior executive role for over two decades. He is also a certified internal auditor and currently sits on the board of Graphic Communications Group Ltd and Obapack Company Ltd..

Valentin has a PHD in Business Management and holds an MBA from Oxford Brookes University, United Kingdom. He is a graduate and fellow member of Chartered Association of Certified Accountants.

Richard Ahulu

Non-Executive Independent Director

Richard is a Chartered Accountant with over 20 years experience in Banking and Insurance.  He currently serves on the boards of Negotiated Benefits Trust Company Limited and Hollard Insurance Ghana Limited.

He has a Master of Science degree in Accounting and Finance from the University of Ghana Business School, a Bachelor of Science degree in Physics from KNUST and is a fellow of the Association of Chartered Certified Accountants, UK.  He is also a member of the Institute of Chartered Accountants, Ghana.

Raymond Bismarck

Managing Director

Raymond Kwakye Bismarck is the Chief Executive Officer of Izwe Savings & Loans Plc. He has a wealth of experience spanning 21 years in the Ghanaian banking sector with expertise in institution building and business development.

Raymond started his career at a reputable Savings and Loans Company in Ghana, where he focused on developing products and services tailored to the financial needs of private individuals, small and Medium businesses. He was part of a leadership team of four to successfully establish a reputable Financial Institution in Ghana.

Raymond has been in his capacity as CEO of Izwe for a decade. Through hard work and dedication, he championed the revolution of Izwe from a finance house to a credible Savings & Loans Company which is now a household name in the industry. His initiatives and strategies coupled with exceptional leadership skills saw Izwe evolve to one of the top 3 payroll Lenders in Ghana today. Izwe is gradually building a niche for itself in SME lending and already impacting lives under his leadership.

He holds a Masters Degree in Finance and Risk Management and currently pursuing his Doctorate in Business Administration.

Izwe Savings & Loans Senior Management

Mark Smith Andoh

Chief Commercial Officer

Mark has worked for 16 years in the banking industry with a number of institutions, including NDK Financial Services, Standard Chartered Bank, ProCredit and Fidelity Bank.

His experience and passion centres on the provision of finance solutions to SMEs.

He joined the Izwe senior management team in October 2016 as the head of new business with a mandate to develop off-payroll business, with Car4cash as the first product.

Mark is a member of the Chartered institute of Bankers and a graduate of the University of Ghana Business School.

Stephen Avornyoh

Chief Risk Officer

Stephen is currently the Chief Risk Officer at Izwe Savings & Loans Ltd. He has over 20 years work experience in Accountancy, Audit, Finance, Risk Management and General Banking Operations. He holds a Bachelor of Science (BSc) in Administration (Accounting) from the University of Ghana Business School and a Master of Business Administration (MBA) in Finance.

Some of his previous work affiliations include AT-Ernest Dawlah – Chartered Accountants and Management Consultants, the Community Water and Sanitation (CWSA)/DANIDA WSSPS II Program, NDK Financial Services Ltd, Union Savings and Loans and OmniBank Ghana Ltd. Stephen Joined Izwe from OmniBISC Bank where he was the Head of Credit Management.

He is a member of the Chartered Institute of Bankers (CIB), Ghana and a Certified Operational Risk Professional (CORP) of the International Academy of Business and Financial Management (IABFM), Dubai-UAE. He is also a Certified Business Consultant and Contract Management Specialist.

Jacob Nii Darkoo Amoo

Head of Payroll Division

Jacob has more than 20 years’ experience in the FMCG and microfinance industries.

He spent 11 years with Bayport Savings and Loans, holding several senior management positions, including national operations manager, head of direct sales business, and head of sales and distribution.

He serves as Izwe’s head of sales and distribution, with oversight responsibility for branch operations and sales.

Jacob holds an MBA in Marketing from the University of Cape Coast, a post-graduate Diploma in Marketing, and a bachelor’s degree (Sociology) from the University of Ghana.

Akyea Afari Gyasi

Head of Risk, Collections and Recoveries

Gyasi has been instrumental in building strong performance environments over the course of his career. He has vast experience in collections, human resources, branch operations and risk management.

He has held several senior management positions, including head of collections, head of operations and head of branch operations.

He joined Izwe’s senior management team in 2016 as head of collections, having previously worked in different capacities at Barclays (now ABSA).

Gyasi holds an MBA (Finance) from GIMPA and a degree in Accounting and Psychology from the University of Cape Coast.


Izwe South Africa is started.

Izwe expands, opening its first office and branches outside of South Africa.

Izwe is launched in Ghana.

Izwe lists debt on the Ghana Stock Exchange.

Izwe extends its offerings beyond loans and launches iVest – its first savings and deposit solution.
The Izwe call centre is opened.

Izwe is awarded CIMG Finance House of the Year.

Our trading name becomes Izwe Savings & Loans – providing savings and loan investments to individuals and SMEs.
Izwe launches its business loan solution (asset-backed finance).

Izwe introduces a secure, user-friendly mobile app.

Izwe’s Social Rating during COVID-19 confirmed at BB-.
Ghana receives funding support from the Regional Education Finance Fund for Africa, via BlueOrchard.
Ghana establishes a new GHS150 million Listed Note Programme.
Izwe expands its digital strategy, adding a suite of new digital innovations across the Group.

Since we began, Izwe has changed thousands of lives.

Most of this has been through helping people to…

All data is as at 30 June 2021 (unaudited).