The Ashanti North Division of ASA Savings and Loans Limited has provided an educational support package worth GH₵20,000 to 40 deprived school children.
Each of the beneficiaries received a cash amount of GH₵500, intended to be used as tuition fees or to buy stationery to enhance the effective learning of the pupils.
The children were drawn from Krofrom, Suame, Kronum, and Abuakwa, all in the Ashanti Region.
Speaking at a short ceremony in Kumasi on Thursday, the Junior Divisional Manager of the Ashanti North Division, Mr Felix Ahiadorme, explained that the initiative formed part of ASA’s Corporate Social Responsibility (CSR) to people in communities that it operates in.
“The company has allocated funds to support needy but brilliant students in its operational areas across the nation”, he emphasized.
He said the COVID-19 had had an adverse impact on the businesses of its clients and the society at large, leading to economic hardship among families.
“This program is intended to provide some relief to their parents in times like this”, Mr Ahiadome noted.
He encouraged the children to take their lessons seriously since that was the only way to guarantee their future and become resourceful adults in future.
Mr Ahiadorme, however, seize the opportunity and called on the beneficiaries and the public, in general, to continuously observe the COVID-19 safety protocols to prevent the spread of the novel virus.
On his part, the Area Manager, Mr Enoch Fiador, reiterated that Asa Savings and Loans Limited's main purpose of operation was to eradicate poverty and to help local businesses strive.
On behalf of the beneficiaries, Madam Lordina Apraku, a pupil of the Apostolic Golden Jubilee School at Ashtown, commended ASA for supporting the deprived in society.
A parent, Madam Joyce Animah also expressed gratitude to ASA Savings and Loans Limited for supporting their wards, adding that it had come at a time that parents were going through financial difficulties as a result of the pandemic.