Mrs. Justina Frimpong is the Chief Executive Officer of YU Microfinance. She holds a first degree in Philosophy from the University of Ghana, Legon. In the space of about five years at Stanbic Bank, Ghana where she began as a national service person, she ended as a Frontline support officer. Mrs. Justina Frimpong left for the United States of America and pursued further studies. She returned afterwards to join her husband, Mr. Frimpong to establish YU Microfinance Ltd. Mrs. Justina Frimpong brings keen business awareness and banking experience on board to steer the operations of YU Microfinance. Her aim is to transform YU into a Savings and Loans company and ultimately a universal bank in the future.
YU Microfinance Ltd owes its existence to Mr. Samuel Frimpong, an astute and very resourceful businessman who envisioned using his entrepreneurial skills, business capabilities and experience to establish a Non-Bank Financial Institution (Microfinance Company) to expand his personal investment portfolio and in the process to support traders and Small Scale Businesses, and also to create employment opportunities for the Ghanaian youth. Mr. Samuel Frimpong is a key distributor and a key manufacturer’s representative of ‘Ghana-must-go’ bags imported from China. He operates warehouses from which he facilitates the distribution of the above mentioned products to retailers from the Okaishie-Makola business area in Accra. He is the major shareholder of YU Microfinance Company Limited; his wife Mrs. Justina Frimpong, who is the Chief Executive Officer, is the minority shareholder.