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HISTORY
Sinapi Aba Trust (SAT) also referred to as "Sinapi" is a Christian Not-For-Profit Organization established in 1994 as one of the implementing partners of the Opportunity International Network (OI) – an International Christian Non-governmental Organization with headquarters in Chicago, US.
The company was formed to primarily provide small and micro-credit services to viable small and micro enterprises that could not access financial assistance from the formal banking institutions due to obvious reasons such as lack of adequate collateral.
The name Sinapi Aba, which is the local name of the biblical mustard seed (Matt.13: 31-32) was adopted because it depicts the magnitude and potential of the assistance that the organization provides to its clients.
Leading members of Christian Life Center (CLC) brought in the idea for the formation of the Trust as part of the Church’s mission in Ghana. However, the formation of a similar organization had already been conceived in the minds of some Christian and Business Leaders who later became Board Members. Upon several meetings and discussions, the company was finally birthed at a meeting held between Messes Larry Reed (OI), Jonathan Wilson and Rev. Davis Freeman (Board Chairman of SAT) in 1994.
The background of Sinapi also relates to the fact that, Ghana possesses one of the vibrant informal sectors in Africa. In Ghana and most especially in the urban centers, almost every home has a small business attached to it. This depicts the existence of entrepreneurial spirit among the people but lack of financial assistance has crippled most of these enterprises whose contributions to the growth and development of Ghana cannot be overlooked.
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Last Updated ( Friday, 15 May 2009 )
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