Company Information

Get to know Success For People Microfinance

Success For People Microfinance PLC (SFP) is a Tier 2 financial institution licensed by the Bank of Ghana. Incorporated in November 2011 and commencing operations in March 2013, SFP focuses on serving the Micro, Small, and Medium Enterprise (MSME) sector as well as low-income individuals. Its mission is to provide accessible and innovative financial solutions, including various loan products (SME, personal, group), savings accounts, and investment opportunities like "Susu" and fixed deposits, thereby fostering economic growth and financial inclusion within its communities.

Industry

Financial BankingPRIMARY
Financial Other Service

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Success For People Microfinance

Ghana

Founded in

2010 (16 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

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ASIC

Security Information

Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.