Our Group Loan is designed for traders and small business owners who work together to achieve their financial goals. By forming a group, members can access affordable financing without the need for an external guarantor, making it easier to grow their businesses and improve their livelihoods.
Eligibility Requirements
Group Loan Requirements
To qualify for a Group Loan, applicants must meet the following requirements:
- A minimum of five (5) members per group
- A photocopy of each member’s Ghana Card
- Two (2) recent passport-size photographs from each member
- No external guarantor required, the group members serve as guarantors for one another
FastMicro Credit’s Group Loan enables traders to access the capital they need through the strength of a trusted group. Members support one another throughout the loan period, creating a reliable and responsible borrowing system that benefits everyone.
