Products

EduFinance Loans

About EduFinance Loans

Edu Finance is available to educational institutions looking to expand or start their journey.

Target Group

Private School Owners

Loan Amount

1. .Working Capital: Up to GH¢ 60,000
2. Spot Improvement and Construction: up to GH¢ 180,000
3. Fixed Asset: Up to GH¢ 100,000

Moratorium

1. Working Capital, Spot Improvement & fixed Asset: 30days/1 month
2. Construction: 60 days/2 months

Loan Duration

1. Working Capital : Up to 12 months
2. Spot Improvement and construction: Up to 24 months
3. Fixed Asset: up to 12 months

Frequency of repayment

3.Monthly payment

Requirements

To be eligible for the EduFinance loan, here are your requirements:

National ID

Passport Picture

School should be a registered business registered under the Registrar General Department and Ghana Education Service.

Should have a license to operate from Ghana Education Service(GES) and National Schools Inspectorate Authority (NaSIA)

Applicant Should have operated school for not less than 2 years

School should have a minimum population of not less than 100 pupils, a teaching and non-teaching staff of 10 and 4 respectively.

The school should have a current financial statement available.

School should provide six months banks statement

What clients say about our Products

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