Start-up finance/low-interest loans

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What is available currently in Ghana is:

  • Ordinary bank loans which have high interest rates of over 25%;
  • Government guaranteed loans or support which normally has interest rates from 2-13%;
  • Micro finance loans at a 6% monthly rate;
  • Credit Union Loans - where you make regular contribution, buy shares and then you can get at least double or two-thirds of your contribution as loan after 6 months;
  • Institutional or company loans where employees could access at a rate of 0-3%