• fosrealtymicrocredit@gmail.com

    +233201102754 | +233302950078

FAQs - Fosrealty Micro Credit

How long does it take to get a loan?

Which amount do I need to provide a collateral?

GHS 3,000 and above.

What is the preferred collateral for a facility?

A movable asset

How is the disbursement done?

Cheque, bank transfer and momo transfer.

What is the mode of loan repayment?

Post dated cheques, standing order, momo transfers, cash e.t.c.

How many guarantors are required?

1 guarantor below GHS 7,000 and 2 guarantors above GHS 10,000

Which other collateral do you accept?

Stock (goods), Land title, treasury bills, cash collateral.

What is the loan tenor (period) ?

From one month to 6 months.

What are the repayment instalment options?

Daily, bi-weekly, weekly & monthly instalment.

Who is qualified as an applicant and a guarantor?

Any individual with a constant flow of income whether salaried or entrepreneur.

What are the requirements for both business and personal loan?

ID card, passport picture, bank statement, supporting documents, post dated cheques, collateral, registration documents, payslip.

How can i apply for a loan?

kindly send it via e-mail or visit the office.

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