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Group Loan

  • Access up to GHS 5,000 per member

  • Easy sign up

  • Collateral free loan

Detailed description

Who is eligible?

  • Ghanaian national
  • Self employed
  • More than 18 years old 
  • Group members of 3 to 6 micro-entrepreneurs who are in the same locality


  •  Loan amounts: GHS 1,500 - 5,000 per member
  •  Working capital or small equipment needs
  •  Loan duration: 3-12 months
  •  Group members should not be engaged in the same business activity

What do I need to apply?

  • A valid national ID
  • Business Operating Permit
  • 2 passport size pictures


Question: Can all the members in a group get the same loan amount?

Answer: Yes, all members are eligible for the same amount, it depends on the size of the business and the cash flows of each member.

More FAQ