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MASLOC’s New CEO Commits to Empowering Women Farmers, Enhancing Loan Recovery

The new Chief Executive Officer (CEO) of the Microfinance and Small Loans Centre (MASLOC), Abigail Elorm Mensah, has stated that her priority is to ensure that women farmers get value for their farm produce to enable them to repay the financial support extended to them through the loan centre.

Taking over from Abibata Shanni Mahama Zakariah at the MASLOC headquarters on Monday, February 17, 2025, the new CEO indicated that she will work to improve loan recoveries and enhance the paperless system to make support applications more efficient.

“Anybody who takes over an institution has the wish to move the institution to a higher height than the predecessor. So, the goal is to take MASLOC higher and make sure that we execute our mandate as MASLOC. I can’t speak on the situation now as I have just received my handing-over notes and I am going to go through them.

“If there are issues to address, we will talk about them and even if there are no issues, we will still talk about them. But for now, I am taking the words of my predecessor that she has left a viable MASLOC,” she noted.

The outgoing CEO, Abibata Shanni Mahama Zakariah, in an interview with Citi News, indicated that she is leaving behind a viable MASLOC with an innovative support system.

“I am leaving behind an office that has been transformed into a professional body. MALOC was deemed very political but we came up with some form of reforms from 2017 till this time I am leaving,” she stated.

 

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