Relief Plus Investment

Our investment instrument aims to provide the security and comfort whilst it grows your wealth. We benchmark our investment performance to the indicators of the government treasury bills.

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Working Capital Loans

We have the most innovative, convenient and most competitive loan products. Our products are tailored at meeting the needs of every sector of the economy even though we are biased towards the financial inclusion of the informal sector.

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Personal Loans

We want to help carry the financial burden of salaried workers.

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E-Child Investment

Secure the future of your child with our product. This product aims at providing every child with the best possible start in life financially

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Savings

we understand that no situation is permanent and this applies in every aspect of our lives including our finances.

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Fixed Deposit Rates: Amount (GHS): 500.00 - 5000.00 91 Days: T-bill + 2.00% 182 Days: T-bill + 3.00% 364 Days: T-bill + 4.00%

Loans

Loans

Medi Ghana Microfinance Company Limited have the most innovative, convenient and most competitive loan products. Our products are tailored at meeting the needs of every sector of the economy even though we are biased towards the financial inclusion of the informal sector.

 

 

 

These loans are meant for employees of reputable institutions. These institutions should be credible and must have been in existence for the past five years with the track record of paying salaries on time.

Loan maturity is up to months. Repayment is on monthly and fortnightly bases on the salary payment plan of the institution. Repayment date is tied to the expected salary date.

Basic Requirement

  • Client’s ID
  • Client’s Passport pictures and Bank Statement for the past 6 months
  • Customer’s original pay slip for the last 3 months
  • Employer’s confirmation
  • Staff ID if applicable
  • Two guarantors (a family member and a colleague from customer’s place of work). Guarantors to provide 6 months bank statement, past three months pay slips, passport pictures and ID
  • Security/collateral if loan is more than GHC5,000
  • Employee guarantee (where feasible)
  • Client with exposure above GHC2,000 will provide collateral.

WE DON’T FINANCE STARTUP BUSINESSES. THE BUSINESS MUST HAVE OPERATED FOR AT LEAST SIX MONTHS PERIOD.

This product is geared towards providing working capital support for businesses over a fixed period of time. The purpose could be to buy more stocks/inventory; finance receivables or reduce payables/suppliers credit.

Repayment is determined according to the cash flow capacity of the customer’s business. The focus is on the ability of the client/business to adequately pay the monthly/periodic interest. Loan maturity is from one month to twelve months.

Basic Requirements

  • Client’s ID card (Either Passport, national ID, Voter’s ID, Driving license, NHIS Biometric Card).
  • Client’s Passport Size Pictures (2) and Bank Statement for the past 6 months.
  • Business financials (Income Statement, Balance Sheet, Cash Flow Statement) for the past 6 months.
  • Business registration documents (if business is registered: Sole proprietorship/limited liability/etc.).
  • Board resolution to borrow (if limited Liability Company, more than one owner/director).
  • License to operate business (where applicable. E.g. Pharmacy, Food production, Water production, etc.)
  • Purpose of the loan/Investment plan (i.e. details of what the loan will be used for).
  • Guarantor’s ID card (Either Passport, national ID, Voter’s ID, Driving License, and NHIS Biometric Card).
  • Guarantor’s Passport Size Picture and Past 6 months bank statement.
  • Collateral/Security for the loan (Vehicle/Registered Land/House) Value should be at least 2xloan amount.

WE DON’T FINANCE STARTUP SCHOOLS. THE SCHOOL MUST HAVE OPERATED FOR AT LEAST ONE YEAR.

This product is designed towards providing working capital support for schools over a fixed period of time. The purpose may include school expansion, purchase of stationeries, establishment of computer library, acquisition of School bus etc.

Repayment is determined according to the cash flow capacity of the School. The idea is to help the school focus on its primary responsibility while we help to solve the infrastructural and other needs of the schools. Loan maturity is from one month to twelve months.

Basic Requirements

  • Client’s ID card ( Either Passport, national ID, Voter’s ID, Driving license, NHIS Biometric Card).
  • Client’s Passport Size Pictures (2) and Bank Statement for the past 6 months.
  • Business financials (Income Statement, Balance Sheet, Cash Flow Statement, Records of Fee paying) for the past 6 months.
  • Registration documents
  • Board resolution to borrow (if limited Liability Company, more than one owner/director).
  • License to operate
  • Purpose of the loan/Investment plan (i.e. details of what the loan will be used for).
  • Undertaking from the PTA (where the PTA is involve with the project being financed)
  • Guarantor’s ID card (Either Passport, national ID, Voter’s ID, Driving License, and NHIS Biometric Card).
  • Guarantor’s Passport Size Picture and Past 6 months bank statement.

This loan product is meant to help individuals/businesses to clear goods at the port. It is intended to pay for clearing charges like duties, port charges, and freight and also to complete payment to suppliers in other to clear goods at the port of entry.

This loan is usually for a period of one (1) month to six (3) months.

Basic Requirements

  • Client’s ID card (Either Passport, national ID, Voter’s ID, Driving license, NHIS Biometric Card).
  • Client’s Passport Size Pictures (2) and Bank Statement for the past 6 months.
  • Business financials (Income Statement, Balance Sheet, Cash Flow Statement) for the past 6 months.
  • Business registration documents (if business is registered: Sole proprietorship/limited liability/etc.).
  • Board resolution to borrow (if limited liability company).
  • License to operate business (where applicable. E.g. Pharmacy, Food production, Water production, etc.)
  • Purpose of the loan/Investment plan (i.e. details of what the loan will be used for)
  • Bill of lading (through the sea)/Air Waybill (through the air).Should bear the owner of the goods
  • Customs estimate (from CEPS indicating details of goods at port to be cleared and its duty cost)
  • Guarantor’s ID card (Either Passport, national ID, Voter’s ID, Driving License, NHIS Biometric Card)
  • Guarantor’s Passport Size Picture and Bank Statement for the past 6 months Collateral/Security for the loan (Vehicle/Registered Land/House) Value should be at least 2xloan amount