Baobab Microfinance

Baobab Microfinance Company Ltd (BMC) was incorporated as a limited liability company on 23rd April, 2008 and commenced business on 24th April, 2008 to address the inadequate access to financial services for micro and small scale businesses particularly owned and operated by women in Northern Ghana. As part of its core mandate, BMC seeks to attain... its vision of alleviating poverty in Northern Ghana by making access to credit a reality to women and as well inculcate savings and investment habits among women. The company has the corporate vision of Northern Ghana without Poverty through tailor made Financial Products and Services for women groups. BMC intends to attain its vision by prioritizing women in its operations and giving opportunity to low income women, micro-entrepreneurs and small scale businesses. This will help them provide better livelihood for themselves and their families through the development of sustainable micro enterprises and healthy savings lifestyles. Group Loan is a convenient, simple and reliable loan product that gives the low income entrepreneurs access to working capital funds and financial support in groups of minimum 3 and maximum of 30 memberships. Baobab Microfinance Company Ltd offers you a collateral free loan under this scheme. Group members enjoy door step delivery and group support. These are short to medium term loans for Small and Medium Enterprises to meet varying financing needs including -working capital, asset acquisition, projects, business expansion, manufacturing, etc. Baobab Salary loan is specifically designed for salary workers in public and private institutions to help meet their financial contingencies. It is easy to access and also stress free in terms of repayment. This is an easy and convenient savings that enable you to secure a loan from BMC. This opportunity is open to both new and existing customers. The product enables customers to make deposits with the intent of getting a loan to support and grow an existing business. It is a safe, easy and ...Read More