General eligibility

1. Any susu contributor with Express Savings and Loans with a recognized residential location
2. A national identity card.
3. The Susu contributor must have saved without any delays for a minimum of 90 days.
4. Must have consistently contributed even after taking a loan to qualify for a new one.
5. Must have been in business for a minimum of 6 months

Loan Purpose

To invest into existing business

Installments will be calculated using the flat method to be deducted on a monthly basis.

Loan amount should not exceed 100% of total equity

Collateral (compulsory saving, business and household assets) should not be less than 100% of loan amount

Interest rate is 4.o% per month, with a commission of 2.5% on initial principal for all loans

Loan maturity ranges from 1-6 months.

Minimum loan amount is is GHC 50.
Maximum loan amount is GHC 1,000
Client can access not more than 300% of total contribution for 90 days