About Us

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About Us

Profile of The Social Investment Fund

The Social Investment Fund (SIF) was set up in 1998 under the Companies Code 1963 (ACT 179) by the Government of Ghana (GoG), African Development Bank (AfDB) and the United Nations Development Programme (UNDP) as a rapid, reliable and flexible mechanism for channeling resources to deliver targeted assistance to both Ghana’s urban and rural impoverished communities. It is governed by a Board of Directors.

As a Pro-Poor Institution, our goal is to contribute effectively to reducing rural and urban poverty in Ghana. SIF also provides consultancy services for both public and private organizations.  Since its incorporation as a company limited by guarantee, SIF has attained the confidence of Multilateral Institutions, Private Business entities and the Government of Ghana.

The SIF started its operations in six (6) pilot districts, namely, Ashiedu-Keteke Sub-metropolitan Assembly of the Accra Metropolitan Assembly (AMA) in the Greater Accra Region, Dangme West in the Greater Accra Region, Bongo in the Upper East Region, Afram Plains in the Eastern Region, Juaboso-Bia in the Western Region, and Subin Sub-Metropolitan Assembly of the Kumasi Metropolitan Assembly (KMA) in the Ashanti Region. It expanded to 45 districts in all the ten regions of Ghana in 2002 and by January 2004, the coverage had reached 80 out of the 110 then existing districts in the country.  The SIF further expanded its operations to cover 108 districts in 2006.

Currently, the Fund operates from its Fund Management Unit (FMU) in Accra. Aside the FMU which serves as the head office, the Fund has four Zonal Offices in Ghana which are located in Wa in the Upper West Region; Kumasi in the Ashanti Region; Koforidua in the Eastern Region; and Cape Coast in the Central Region.
The operational area of the Zonal Offices is highlighted below:
ZONE I: Upper West, Upper East and Northern Regions;      
ZONE II:Ashanti and BrongAhafo Regions;                          
ZONE III:Western and Central Regions; and    
ZONE IV: Eastern, Volta, and Greater Accra Regions.

The Social Investment Fund has achieved a number of successes since its inception in 1998 in the areas of Sub-projects implementation; Capacity Building and Institutional Strengthening; Micro Finance and Small Scale Enterprises Development; Project Monitoring and Evaluation; and provision of Consultancy services.

The fund successfully implemented a US$ 14.9 million Ghana Poverty Reduction Project (GPRP) from 1998-2004 with funding from AfDB, UNDP and GoG. During the same period, the OPEC Fund for International Development (OFID) contributed US$ 2.3 million to expand activities of GPRP under the same project. The GoG also provided US$1.0 million out of the HIPC Fund to provide socio-economic infrastructure to participating Metropolitan, Municipal and District Assemblies (MMDAs) countrywide in 2004. The OFID further contributed US$7.0 million to fund GPRP II from 2005 to 2009. Following the successful implementation of GPRP and efficient utilization of funds, AfDB and GoG provided US$ 41.0 million and US$ 3.42 million respectfully for the implementation of Urban Poverty Reduction Project (UPRP) from 2006-2011. Currently SIF is implementing the Integrated Rural Development Project which is being funded by the Arab Bank for Economic Development in Africa (BADEA), the OPEC Fund for International Development (OFID) and the Government of Ghana (GoG) at a cost of US$ 22.92 million.

The SIF has to date supported the provision of 1,563 sub-projects which are mainly classroom blocks, teachers’ quarters, early childhood development centers, rural clinics, nurses’ quarters, sustainable livelihoods, water and sanitation facilities. The sub-projects have benefited about 1,600,000 people which constitute about 10% of the poor in Ghana. The implementation of the sub-projects created jobs for over 400 small-scale contractors who employed about 5,000 artisans and 10,000 unskilled labour to construct the sub-projects from 2002 to date.

As part of the sub-project implementation process, about 5,200 community leaders who were representatives of CBOs, NGOs, have been empowered through the provision of skills in problem analysis and project identification,  project management, community governance, public-private partnership, and the use of Community Score Cards in Project Monitoring. The capacities of local government decision makers were built in financial management, pro-poor planning, monitoring and evaluation (M&E), use of urban planning and monitoring software, among others.

The SIF micro finance program has recorded modest successes in terms of disbursement, coverage, targeting and capacity enhancement. Since the inception of the programme in January 2003, SIF has transferred a total of US $ 1,150,000 to the ARB/Apex Bank to establish the Loan Fund Account.  A total of 59 indigenous MFIs have been identified, pre-qualified and trained to participate in the program. Currently, 48 MFIs are actively participating in the program out of which 32 have received funds to the tune of GH¢4.4 million from the SIF Loan Fund and who have in turn disbursed  the amount to 6,500 clients as micro loans, about 55% of which are women. Aside the micro finance, 220 Small/Medium Scale Enterprises have been provided with a total of GH¢1,925,936.00 as medium term loan. The capacity of Partner Financial Institutions was also built to enhance their effectiveness and quality of services rendered.

In 2013, SIF expanded its mandate to cover the provision of consultancy services and has since provided consultancy services to a number of organizations including the Ministry of Water Resources Works and Housing and USAID FinGAP. Currently, SIF has been pre-qualified as a potential National Implementing Entity (NIE) of the Green Climate Fund.

The vision of SIF is to be a lead organization in Ghana and the sub-region for resource transfer to empower communities for sustainable development.

Our mission is to mobilize resources from both internal and external sources as well as consultancy services to facilitate access of the poor to basic economic and social infrastructure, financial services and capacity building for sustainable poverty reduction based on the principles of green economy, accountability, transparency, inclusiveness and gender sensitivity.

Core Values

Principles expected to guide internal conduct of individuals in SIF, as well as its relationship with the external world, are expressed in the following core values:

  • Professionalism – Judicious use of resources; Due Diligence; Respect for time; Reliable; Loyal; Honest; Responsible; Resourceful; Innovative and creative; Strive for excellence and high quality standard; Occupational health and safety; Personal development; and Self-motivation.
  • Transparency and Accountability – Openness, Truthfulness and Communication.
  • Teamwork – Mutually supportive; Working co-operatively to achieve common goal; Respecting each other’s views; Appreciative of each other’s efforts; Sharing of information and resources; and Good inter-personal relationship.
  • Participatory Development  – Public Consultation, Participatory decision making, community ownership and sustainability.
  • Gender Sensitivity and Inclusiveness – Non-Discrimination on basis of gender, age, religion, creed, race, disability and political ideology.
  • Adherence to the Principles of Green Economy – The belief in the Sustainable, Justice, Dignity, Healthy Planet, Inclusion, Good Governance and Accountability, Resilience, Efficiency and Sufficiency, and Generations Principles of the Green Economy.
  • Partnership and Collaboration – Working in partnership with various stakeholders and development agencies for sustainable community-based development.