News

:: MASLOC Embarks On Operation 1-District 1-Office Initiative

The Microfinance and Small Loans Centre (MASLOC) says it intends expanding its frontiers to cover virtually every corner of the country. To this end, the microfinance apex body plans to set up well-established offices in each district to interface better with Ghanaians by the year 2020.
By the end of the year, we want to extend our operations to about 70% of districts in the country with well-established offices in each district...and by 2020, MASLOC intends to have an office in each district in the country....this will also allow our clients and potential clients have swift access to the center. MASLOC is an organ of state responsible for implementing the Government of Ghana’s (GoG) microfinance programmes targeted at reducing poverty.

It provides micro and small loans for start-ups and small businesses with fast, easy and accessible microcredit and small loans to grow and expand their businesses as well as to enhance job and wealth creation.

With a commitment to growing and developing small and micro businesses through the provision of sustainable microfinance, small loans and business services to Ghanaian entrepreneurs, the centre has created employment by empowering some individual drivers who belong to unions, with a work-and-pay package which allows them to become car or tricycle owners after a four-year period.

MASLOC has also over the years helped poultry farmers to boost the production of broilers, layers, turkeys, guinea fowls, ducks, among others, by providing them with the financial support needed.

 


 

Newly National Service personnel.


A day’s orientation programme has been organized for over 200 national service personnel, who have been posted to the Microfinance and Small Loans Centre (MASLOC) for the 2017/2018 service year. The exercise, held on Thursday, August 31 at the Accra Technical University, was aimed at giving the personnel drawn from various parts of the country the opportunity to learn the culture of MASLOC and the task ahead of them over the course of the service period. Chief Executive Officer (CEO) of MASLOC, Stephen Boadi Amoah, in a brief remark on the occasion, admonished the personnel to take their service period seriously and above all be patriotic in their service to the nation.

 


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  • "We are committed to growing and developing small and micro businesses through the provision of sustainable microfinance, small loans and business services to Ghanaian entrepreneurs."

  • "MASLOC provides micro and small loans for start-ups and small businesses with fast, easy and accessible microcredit and small loans to grow and expand their businesses as well as to enhance job and wealth creation."

  • "The objective of MASLOC is to provide, manage and regulate on fiduciary basis, approved funds for microfinance and small scale credit schemes and programmers and also serve as the apex body of the microfinance sub sector. "