Tuesday, 21st May 2013
Our growth loans are for small business expansions, starter packs and other small scale ventures usually undertaken by members in a community or association. This is the ideal loan for trader and union groups like drivers union, church groups, and artisan groups like the cane weavers association, tomato sellers groups, etc.
The main features are as follows:

  1. Minimum group size is 10
  2. Term for Repayment between 6 months to 3 years
  3. The loan minimum is GHc2000
  4. The loan Maximum is GHc20,000
  5. Minimum time with employer to qualify is 1 year
  6. The group must deposit a minimum of 20% of the amount sought as untouchable money
  7. Group will be liable if a member defaults
  8. Group must not be paying another loan
  9. The group must be registered
    with elected representatives or leaders


Benefits

  1. Very competitive low interest rates
  2. Excellent customer service
  3. Quick turnaround time
  4. Shared or spread risk over group
  5. Flexible terms- short and medium
  6. Options to top up loans
  7. We may consider pay breaks


Download Application Form
FINANCE
SME Financing
Home Completion Loan
Church Growth Loan
School Expansion Loan
LEASING
Finance Leasing
Operating Lease
Fleet Management
MICROFINANCE
Employee Scheme loans
Growth Loans
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