info@wwbg.com.gh | +233 (0) 302 214430-59 | Tesano Adjacent Tesano Police Station  |  

LOANS

DSR with Customer

We're here because of our cherished customers and we always make them a priority in whatever products we come up with. We offer very flexible loan facilities for our customers. Here are some reasons why you should always count on us for your loan needs:

  1. Fast Processing of loans
  2. Manageable loan repayments depending on borrower's ability
  3. Competitive Interest Rates charged
  4. Affordable loan for low income earners and the urban poor
  5. Flexible Payment Plan: Weekly, Fortnightly or Monthly
  6. Improving lives of women and others through economic empowerment
  7. Acquiring business management skills
  8. Acquiring savings habit to accumulate funds for future financial needs
  9. Insurance cover for all loans against fire, flood and disability
Our Loan Products

Short term business loan for financing working capital and asset acquisition of micro business.

Basic Requirements

  1. As little as GH¢20.00 to open an account with any form of a valid national identification
  2. Savings or Current Account with WWB Ghana
  3. Non-account holders with a good track record from another financial institution with guarantor(s) and collateral
  4. Cash collateral
  5. Movable/non moveable collateral like cars, land property
  6. 6 to 12 months bank statement from other financial institution(s)
  7. Business must be on–going
  8. Guarantor(s)

Loan facility offered to salaried employees of reputable private companies and government institutions. Employees who take regular monthly salary can access loan from WWBG to solve pressing financial problem. Loan repayment will be done through deduction at pay source or issuing of post-dated cheques.

Basic Requirements:

  1. Employment on permanent terms for a minimum period of one year
  2. Original copies of endorsed salary pay slips for 3 months prior to loan application
  3. Bank statement of applicant
  4. Copy of employment appointment letter or contract/confirmation letter
  5. Undertaking from employer
  6. Guarantor(s)

MICRO FINANCE INSTITUTION LOANS

This product is available to Microfinance Institutions in the micro sector of the economy to on-lend. The institutions must have been in business for a minimum of one (1) year and have at least 500 clients.

Basic Requirements:

  1. Must be willing to operate an account with WWBG
  2. License(BOG)
  3. Application letter
  4. Resolution letter
  5. Company information
  6. Directors/management profile
  7. Auditors financial statement
  8. One year bank statement
  9. Management accounts
  10. Collateral
  11. Assignment from reputable financial institution as collateral will be an advantage

SMALL AND MEDIUM ENTERPRISES

This product is available to small and medium enterprises with a minimum credit turnover of GHc 100,000 for a year operation.

Basic Requirements:

  1. Must be willing to operate an account with WWBG
  2. Application letter
  3. Resolution letter (if there are board of directors)
  4. Company/Enterprise information
  5. Directors/management profile
  6. Auditors financial statement
  7. One year Bank statement
  8. Management account
  9. Collateral(Movable/ non moveable collateral like cars, landed property etc)

This product is a group based lending available to micro entrepreneurs who are in the same locality and are in similar businesses.

Basic Requirements:

  1. Must have an account with WWBG
  2. Membership must consist of small and micro entrepreneurs from same location
  3. Members should be friends in business with no blood relations
  4. Ability to co-guarantee each other
  5. Willing to attend group meetings as per schedule
  6. Be of sound mind and health
  7. Own and operate business within designated areas as per WWBG rules and regulations
  8. Willing to abide by all the rules and regulations as laid down in the group constitution

This product is a collaboration of WWBG and Petratrust, where clients use their Investment with Petratrust to assess loan from WWBG.

Basic Requirements:

  1. Must have an account with WWBG that loan can be disbursed into
  2. 95% of the investment should cover loan plus interest
  3. Loan can be secured for a period of 12 months maximum
  4. Client should have investment with Petratrust

This product is designed to meet a specific need which is to pay school fees. It is targeted at active depositors, loan customers of WWBG, Salaried workers and others.

What It Entails:

  1. Client must be willing to operate account with WWBG
  2. Loan terms from 1 to 3 months
  3. Provision of a bill of the school fees
  4. Cheques are issued directly to the educational institution
  5. Repayments are scheduled monthly

The WWBG Premium loan is for clients with registered businesses who require a very short term facility to meet an immediate need in their business.

Benefits:

  1. Must have an account with WWBG that loan can be disbursed into
  2. 70% of the investment should cover loan plus interest of the facility
  3. Loan can be secured for a period of 12 months maximum
  4. Client should have investment with Databank
  5. Investment is used as collateral while it earns interest

This product is a collaboration of WWBG and enterprise trustee, where clients use their Provident Funds with Enterprise Trustee to assess loan from WWBG.

Basic Requirements:

  1. Must have an account with WWBG that loan can be disbursed into
  2. 100% of the investment should cover loan plus interest
  3. Loan can be secured for a period of 12 months maximum
  4. Client should have investment with Enterprise Trustee

WWBG grants loans to Public Sector workers who take their pay through Controller and Accountant General’s Department. The purpose of the salary loan is to assist them meet their personal needs.

Basic Requirements:

  1. Must have an account with WWBG
  2. Must be a Government worker and have two or more years in the service
  3. Loan term is 24 months maximum
  4. Receives salary from Controller and Accountant General Department
  5. Repayments are scheduled monthly

Need a loan? What are you waiting for? Get in touch with us to assist you and your business.
Get Started >>


The application form is available on our website for instant download. You can download it and apply now!

DOWNLOAD NOW!
Once done filling the form, visit any of our branches with the completed form and any necessary particulars to finish the application process.
You can call our call centre number on 0302 214440 for general information on our products.
For specific information on deposits, contact our Credit Management Team on 057 768 1010.
Or visit any of our branches near you.

For all other information on our products and services, contact the Quality Service Manager on 057 768 1007.

Privacy PolicyTerms of Use
Women's World Banking (Ghana) Ltd. | ©2018 All Rights Reserved | Developed by: KraftKey - +233274414684