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1
Facilities
We provide financing for working capital and fixed assets.
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2
Sectors
We support MSMEs in all sectors except retail trade, construction, quarry, mining, import-export, and fossil energy.
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3
Eligibility
The business must be registered and should have operated for at least 24 months.
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4
Staffing
The business must have at least 2 employees.
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5
Revenue
The business must generate at least GH¢5,000 per month in revenue.
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6
Assets
The book value of non-current assets should not be less than GH¢20,000
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7
Records
There must be records on assets, liabilities, sales, purchases, etc.
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8
Association
The business must be a member of an industry association or an identifiable group with shared interest.
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9
Limit
The maximum ticket size per borrower for secured transactions is GH¢20,000.
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10
Tenor
Maximum tenor is 12 months but first cycle shall not exceed 8 months.
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11
Disbursement
All fresh disbursements are done between the 2nd and 7th of the month.
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12
Repayment
Repayment begins not later than 42 days after disbursement.
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13
Refinancing
Facilities with less than 3 months to expire, no default, and no late repayment within the last 24 months, may qualify for refinancing.
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14
Black Zone
No facility shall be refinanced more than once within a 24-month period.
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15
NovDec
We don’t give new loans or do refinancing in November and December.
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16
E-Channel
Except otherwise directed, all loan requests must be initiated using this portal.
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17
Throughput
The cycle time from application to disbursement may take a maximum of 96 hours.
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18
Process
To begin the process go to START and submit the required info.