OYA MICRO-CREDIT EXPANDS ACCESS TO FINANCE, EMPOWERS THOUSANDS THROUGH EASY ACCESS LOANS

RNAQ Group President and OYA Founder, Mr. Richard Nii Armah Quaye (second left), is welcomed to Tanzania by Mr. Alpha Peter, Director of OYA Micro-credit Tanzania Ltd. Also pictured are Dr. Kobbina Tuyee Auwah (left), Group Chairman, and Mr. Nicholas Nii Armah Van-Aryee (right), Group Director for Investment and Corporate Relations. The visit marks the start of Mr. Quaye’s official business mission to Tanzania from Ghana.

Dar es Salaam, Tanzania – OYA Micro-credit Tanzania, a company dedicated to providing accessible loans, has within just a few years of operations in the country empowered thousands of Tanzanians through simple, collateral-free credit facilities that have boosted household incomes and improved livelihoods.

Speaking upon his arrival in Tanzania, Mr. Richard Nii Armah Quaye, President of RNAQ Companies and a leading African entrepreneur who owns OYA, emphasized the firm’s strong commitment to financial inclusion. He highlighted that thousands of Tanzanians have already benefited from OYA’s flexible loan services, and pledged to further expand support for local communities. He also noted that the company has created numerous employment opportunities for Tanzanian youth, both in Dar es Salaam and across the regions.

Adding his voice, Dr. Kobbina Tuyee Auwah, Group Chairman and co-investor in OYA, reaffirmed their commitment to Tanzania, describing it as “home.” He expressed pride in continuing to invest in the country and improving the lives of Tanzanians, while recalling the long-standing friendship between Ghana and Tanzania that dates back to the historic ties of the late Founding Fathers, Mwalimu Julius Kambarage Nyerere of Tanzania and Kwame Nkrumah of Ghana.

On his part, Mr. Nicholas Nii Armah Van-Aryee, Group Director responsible for business relations and investments at RNAQ, praised Tanzania as a safe and attractive destination for investment. He commended the country’s stable political environment that continues to encourage and protect both local and foreign investors.

Meanwhile, Mr. Alpha Peter, Director of OYA Micro-credit Tanzania, reiterated the company’s commitment to empowering entrepreneurs and small business owners with access to capital that helps them grow their businesses and improve their livelihoods. He noted that OYA is already providing loan services across several regions, including Dar es Salaam, Pwani, Morogoro, Mwanza, Geita, Mara, Shinyanga, Kahama, Tabora, Mbeya, and Songwe.

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