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MASLOC to disburse GH¢64 million worth of loans this year

78122340 MASLOC is government's Micro Finance and Small Loans Centre

Thu, 13 Jan 2022 Source: classfmonline.com

The Micro Finance and Small Loans Centre (MASLOC) will in this year disburse GH¢64 million micro and small loans.

Out of the GH¢64 million, GH¢20 million will be disbursed in tricycle and vehicle loans.

“MASLOC projects to disburse GH¢64.00 million in Micro and Small Loans this year. GH¢20.00 million in vehicle and tricycle loans. GH¢36.00 million of the total amount will be from loan recoveries,” the Presidency tweeted on Wednesday January 12.

MASLOC provides loans and microcredit for small businesses and start-ups to grow their businesses.

Source: classfmonline.com