GHASALC is an association of all Savings and Loans Companies registered under the laws of Ghana and also licensed by Bank of Ghana. It was registered and also obtained a certificate to commence business in the year 2008 as a company limited by guarantee and not having any share capital and also shall be a non-profit making institution.

Savings and Loans Companies being a little different from other actors in the Microfinance sector felt that there was the need for specific issues to be addressed on a different platform. This concern could only become a reality if they come together to have a louder voice in the dialogue with other stakeholders in the financial sector in Ghana. Vision To elevate the business of Savings and Loans Companies in Ghana to a level where it is considered the best among financial intermediaries in Africa.

Mission To build a solid platform for the enhancement of microfinance practice in Savings and Loans Companies so as to ensure the sustainability and growth of those companies, and their customers for the ultimate development of the national economy. Objectives To serve as a platform for effective communication and collaboration among members To serve as a mouthpiece and a consultation body for discussions with key stakeholders in the sector To improve information sharing and promote transparency in the sector To sensitize the general public about the specificities of S&Ls and promote a better knowledge of the sub-sector.