Products and Services

NDL Micro-Credit is a licensed micro-credit institution under the laws of Ghana and regulated by the Bank of Ghana. We provide timely financial support to individuals, businesses, and transport owners with a variety of flexible loan products tailored to real-life needs.

Our Loan Products

1. Micro & Trading Loans
Supporting small-scale entrepreneurs and traders to grow their working capital.
✔ Ideal for: Market women, traders, provision shops, food vendors
✔ Use for: Stock purchases, market expansion, restocking
✔ Repayment: Daily, weekly, bi-weekly, or monthly

2. Salary Loans
Financial support for salaried workers to meet personal obligations.
✔ Ideal for: Full-time employees with steady income
✔ Use for: Bills, rent, family support
✔ Terms: Up to 6 months, with post-dated cheques required

3. Auto Loans
Tailored for commercial drivers who need funds to operate or maintain their vehicles.
✔ Ideal for: Taxi and trotro drivers (owned or work-and-pay)
✔ Use for: Repairs, union obligations, insurance
✔ Collateral: Vehicle documents and union endorsement required

4. Special Purpose Loans
Flexible funding for life’s urgent needs.
✔ Ideal for: Rent, medical expenses, school fees
✔ Disbursed quickly with minimal stress
✔ Custom repayment terms

5. Funeral Loans
Get support during times of loss with short-term financing.
✔ Ideal for: Relatives of the deceased
✔ Requirement: Proof of relationship and death (e.g. obituary)
✔ Repayment: Immediately after funeral

6. Contract Loans
Capital to support contract execution and service delivery.
✔ Ideal for: Contractors, suppliers, business service providers
✔ Helps meet deadlines and avoid work stoppages
✔ Requires valid contract documents

Loan Features

• Loan Amounts: GHS500.00 – GHS20,000.00
  
  

• Interest Rate: 20% (3-month flat); or 6.5% monthly
  
  

• Processing Fee: 5% of approved amount
  
  

• Application Fee: GHS20.00
  
  

• Repayment Options: Daily, Weekly, Bi-weekly, Monthly
  
  

• Duration: 1 to 6 months
  
  

• Collateral & Guarantor: Based on loan amount and profile
  
  

• Penalty Charge: 10% on overdue balance
  
  

Benefits

✔ No prior savings required
✔ Simple and fast processing
✔ Flexible repayment options
✔ No hidden charges
✔ No penalties for early repayment
✔ Mobile Money and in-person payments accepted

Who Can Apply

• Business Owners (hardware, provisions, retail)
  
  

• Taxi & Trotro Drivers
  
  

• Food Vendors
  
  

• Salary Workers
  
  

• Contractors & Traders
  
  

General Requirements:

• Ghana Card
  
  

• 2 Passport-sized photos
  
  

• Utility bill / digital address
  
  

• Proof of income or business activity
  
  

• Guarantor & credit checks
  
  

• Valid residence (within operational areas)
  
  

Extra (based on loan type):

• AMA/KMA permit, sales books or momo/bank statement
  
  

• Union endorsement for drivers
  
  

• Pay slips & appointment letter for salaried workers
  
  

• Obituary for funeral loans
  
  

How to Apply

1. Visit any of our branches and register your interest
   
   

2. Pay application fee (GHS20)
   
   

3. Our staff will conduct a home/business assessment
   
   

4. Submit required documents and complete loan form
   
   

5. Loan is disbursed within 3 working days upon approval
   
   

Repayment Made Easy

• Mobile Money (office line)
  
  

• In-office cash payment
  
  

• Field Officer collection
  
  

• Bank payment (where available)
  
  

• Customers receive a passbook and SMS confirmation for every repayment made
  
  

Let’s make your financial goals possible.
Walk into our branch or contact us today to apply!