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Micro Plus Loans
Access to continuous, reliable financial services for your business
Working Capital
- Loan amount GH¢ 5,000 – GH¢ 10,000
- Loan term from 3 months to 18 months
- Weekly, bi-weekly or monthly payment schedule
- Credit Life Insurance is provided to give you a peace of mind
- Bonus pay-back: Receive 10% of interest payment back in CASH when all payments are
deposited on time.
Fixed Assets
- Loan amount GH¢ 5,000 – GH¢ 10,000
- Loan term from 3 months to 18 months
- Weekly, bi-weekly or monthly payment schedule
- New fixed asset is used as part of the collateral
- Credit Life Insurance is provided to give you a peace of mind
- Bonus pay-back: Receive 10% of interest payment back in CASH when all payments are
deposited on time.
Requirements
Eligibility requirements for loan amounts below GH¢ 5,000:
- Minimum 6 months experience in the business and 6 months continuous operations in
the same business location
- Business owner
- Between 18 -65 years old
- Ghanaian citizens
- Guarantor
- Collateral consists of household and business assets
Eligibility requirements for loan amounts above GH¢ 5,000:
- Minimum 12 months experience in the business and 12 months continuous operations
in the same business location
- Business owner
- Between 18 -65 years old
- Ghanaian citizens
- Guarantor
- Collateral consists of registered property or vehicle and household & business assets
Documentation requirements:
- Any of the following: Voter’s ID, National ID, Driver’s license, Passport, Health
Insurance Card
- 2 passport size pictures
- Copy of utility bills, tenancy agreements
- Books of accounts for past 6 months (for SME loans only)
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