All loans
Savings group
VSLA Loan
For village savings and loans associations (susu groups). Members borrow GH₵ 200 to GH₵ 10,000 each for agricultural inputs, petty trading and household needs — with the group's savings pool standing as collateral.
Interest rate
3–6%
per month, flat rate
Loan amount
GH₵ 200–10,000
per member
Maximum tenure
6 months
shorter cycles welcome
Disbursement
48 hours
after acceptance
Full terms
Everything, in the open.
Who it is forVillage savings and loans associations (susu groups).
Interest rate3% – 6% per month, flat rate.
Loan amountGH₵ 200 – GH₵ 10,000 per member.
Maximum tenureUp to 6 months.
RepaymentWeekly contributions or lump sum repayment.
SecurityGroup savings pool held as collateral.
Processing fee5% of principal, deducted at disbursement.
Registration feeGH₵ 20.00 flat, collected at disbursement.
Loan insurance0.5% per member per loan cycle.
Late payment10% penalty on any overdue instalment.
Representative example
GH₵ 1,000 per member, 3 months
At 4% per month flat, a member repays GH₵ 1,120 in total — about GH₵ 86.15 across 13 weekly contributions.
Principal (per member)GH₵ 1,000.00
Interest (4% × 3 months)GH₵ 120.00
Total repayableGH₵ 1,120.00
Weekly contribution × 13GH₵ 86.15
Processing fee (5%)GH₵ 50.00
Registration + insurance (0.5%)GH₵ 25.00
Rates shown are representative examples. Your rate is set by credit assessment within the published range.
What you can use it for
Agricultural inputsPetty tradingHousehold needs
Before you apply
Have these ready and approval moves fast.
Ghana Card — every member
Front and back copy for each borrowing member.
Proof of address
Recent utility bill or Ghana Post GPS digital address.
Passport photographs
One recent passport-sized photo per member.
Group savings records
The association's savings ledger or susu records.
Bank / MoMo statement
Last 3 months — for disbursement and repayment verification.
The group savings pool stands as collateral — no individual guarantor is needed. See the full application process — from application to disbursement in as little as 4 days.
Apply today. Funds in 48 hours after acceptance.
Disbursed by bank transfer or Mobile Money — MTN, Vodafone or AirtelTigo. We are open every day, 6:00 AM to 10:00 PM.