Personal Loan

Group Guarantee Loan

Achieve more together. This loan supports groups of small business owners, traders, and artisans seeking collective funding for projects or enterprises. Built on joint liability, it fosters community strength while enabling members to access higher capital for shared success.

Loan Amount

GHS 5,000 – GHS 20,000

Tenure 

1-6 months

Interest Rate

60% p.a

Fee

2% Flat Payable upfront

Target Market

Minimum 5 members. Groups of individuals (traders, artisans, farmers, or small business owners).

Purpose of Loan

To provide financial assistance for collective projects or businesses.

Modes of Repayment

Joint liability among group members; weekly installments via bank transfer or mobile money.

Disbursement

Direct deposit to individual members.

Qualify for a loan?

Personal Loan Requirements

We need you to have/do the following to help us proceed with your loan application

Application Form

Complete and submit the loan application form with accurate information.

Identification

Submit two passport pictures and a copy of your Ghana Card.

Income Verification

Submit three months' recent payslips to verify your income.

Employment Details

Provide the name and address of your employer. Submit an introductory letter from your employer confirming your role, job title and length of employment.

Guarantor Information

Have your guarantor complete a form with their contact number to confirm his/her agreements to the terms in the guarantee. Note:Guarantor/s should have a stable income and will be liable to settle the loan in event of default by the borrower

Residential Address

Provide your residential address and GPS coordinates.

Payment Security

Provide post-dated cheques or direct debit note to cover loan repayments.
Member of
MCAG Membership number:
MCAG -GT-0-0001860
BOG Licence Number: 
BOG-MCAG-GT-0-0001860

Contact

  • hello@fortunesupport.com
  • 055 680 9179
  • 055 680 9262
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