The CEO of Quick Credit and Board Chairman of Quick Angels, Richard Nii Armah Quaye has inspired businesses to stand firm and make progress even in the face of financial challenges.
According to him, the Ghana Cedi reccorded its worse depreciation coupled with higher inflation of goods and services but Quick Credit and Quick Angels made enormous progress.
Against this background, he has asserted that “Everything Under This Sun Is Possible.”
He was speaking at the 2002 and 13th Edition of the annual Quick Credit and Quick Angels End of Year Party and Dinner held at the Grand Arena of the Accra International Conference Centre (AICC).
The gathering brought together all staff members and management and the board.
“We grew as a company during the times of Covid and the times of financial crisis that faced the industry, and this is only because we believe in differentiating ourselves from the competition and focusing on the fundamental yet very important and critical things that make us great and strong.
“We were not insulated from these challenges, our cost of doing business immediately started rising automatically and therefore the plans and the targets we set for ourselves this very year, but like we always do and have always done, management rose to the occasion and quickly developed policies and strategies that will insulate us largely from the risk and still put us on the path of growth.
And today, I can confidently tell you all that all the targets we set for ourselves this very year have been achieved regardless of the economic challenges,” he emphasized.
Touching on staff motivations, he announced a new regime of 40% salary increase from 2023.
“These achievements have inspired me to announce to you all today that the salaries of all Quick Credit employees shall be increased to a minimum of 40% and above across board and also declare a 100% bonus to you all.”
I am confident that the staff will be super motivated and inspired in 2023 and reciprocate this decision by working three times harder than you have ever been, show more discipline and respect to the policies of the company and above all give me and the company 100% loyalty at all times.
He also mentioned that over the years, the company has always been on a path of growth year on year, because they have worked together as a unit, developed and believed in principles that work for us only and work in our favour.
Quick Angels is Ghana’s first angel investor that is currently supporting hundreds of businesses, startups, and entrepreneurs with equity financing across Ghana and beyond.
Quick Angels has successfully built over 25 world-class brands such as burger king, Doughman foods, Sankofa natural spices, Coli network, Benjie, and duke rice, ridge medical center, and many more in Ghana and other parts of Africa employing over 3000 direct staff across brands only in Ghana.
Quick Angels Limited is an Angel investor company that seeks to support startups, entrepreneurs, and businesses that need equity funding for growth.
They launched their operations in 2019 May 8 and have so far signed over 20 businesses ranging from purely startup firms, to existing businesses and innovative ideas key among such businesses include Oya Micro credit Company Ltd, Ridge Medical Centre, Dough Man Foods, Prospectus Ghana, Zaconut, Pinkberry, Coli Network, Alicia (into tilapia), Addicent Foods (rice production-Benjie rice), Dominion Paints-Agatex as the first brand, Sunsolar (into salt production), Sankofa Natural Spices, BEEFA Foods (first product- BEEFA CHIPS), Janam Cosmetics, CEQA Foods (Pizzaman and Chickenman), Burger King (Quick Angels franchise in Ghana), Morning Glory Publication, Mona Brand-Cosmetics, and Clothing and Tigon Creative Studios.
These businesses also have direct employees of about a 1000 whereas Quick credit is the largest micro credit business in Ghana which operates across the length and breadth of the business with 200,000 clientele base and over 1,500 direct staff.
