Location :
Adabraka-Accra
Email :
info@imlfinance.com
Call Us :
0302 201817/0579579403

Community Loans

Innovative Microfinance > Community Loans

COMMUNITY LOANS

This product is to assist petty traders who need funds to boost their businesses and who may not meet the requirements of commercial banks. The group/community concept help the petty traders to access loan facility by self-guaranteeing themselves.

FEATURES

  • The number of persons per group is limited to a minimum of 5 and a maximum of 10
  • Group guarantee/personal guarantee
  • Innovative account holder
  • Flexible loan repayment terms
  • No processing fees

REQUIREMENTS

  • Valid ID Card
  • 3 passport picture
  • Utility bill (optional)
  • Resident permit (for foreign nationals)