General eligibility

1. Applicant must be in employment. If a business owner, the criteria for qualifying for business loans will apply
2. Salaried workers should be permanent with their employers and should have served their probation
3. Must be working within institutional catchment area.
4. Last pay slip
5. Bank statement for 3 months showing payment of salaries
6. Post dated cheques for loan repayment
7. Company identity card
8. A national identity card

Loans for purchasing vehicles/or its parts for personal use

1. Vehicle is transferred directly into the name of ESCLC for the loan period
2. Loan amount should not exceed GH¢ 25,000
3. Loan maturity is between 1month – 3years
4. A minimum of one guarantor with income 100% of installment for loans above GH¢ 1,000 is required, otherwise must only be in employment
5. Payment for vehicle to be bought is made directly by ESLCL to seller on behalf of loan applicant after approval