Micro Business Loan · Royale Mikri Microfinance Kumasi

Grow Your Business

Our micro business loan is designed specifically for small traders, market women, and entrepreneurs who need capital to grow. Whether you need to buy more inventory, expand your stall, or purchase equipment, we're here to help.

"I started with a GH¢500 loan to buy more vegetables. Now I have three stalls at Kejetia and employ two assistants. Medaase Royale Mikri!"

With quick approval, no collateral required, and flexible repayment options, you can focus on what matters most – growing your business.

Loan Amount

GH¢500 - 10,000

Interest Rate

3% - 4%

per month, reducing balance

Repayment Term

1 - 12 months

Why Choose Our Micro Business Loan?

Quick Approval

Returning clients get approval in under 30 minutes. New clients typically approved within 24 hours.

No Collateral

You don't need to own a house or car. Your business and character are enough.

Same-Day Disbursement

Once approved, money is sent to your mobile money account within hours.

Build Credit History

Repay on time and qualify for larger loans with better rates in the future.

Flexible Repayment

Choose daily, weekly, or monthly payments that match your cash flow.

Personal Support

Your loan officer speaks Twi and understands your business. We're here to help.

What You Need to Apply

Valid ID

Ghana Card, Voter's ID, or Passport

Passport Photo

One recent passport-sized photo

Business Proof

Market stall receipt or business registration (if available)

Mobile Money

Active mobile money account for disbursement

Reference

One guarantor or business reference

Business History

At least 3 months in business

Interest Rates & Fees

Loan Amount	Interest Rate (per month)	Processing Fee	Example Monthly Payment (6 months)
GH¢500 - GH¢1,000	4%	1% (GH¢5 - 10)	GH¢95 - 191
GH¢1,001 - GH¢5,000	3.5%	1% (GH¢10 - 50)	GH¢188 - 942
GH¢5,001 - GH¢10,000	3%	1% (GH¢50 - 100)	GH¢925 - 1,850

Interest calculated on reducing balance. No other hidden fees.

Calculate Your Payments

Use our loan calculator to see exactly what you'll pay. No surprises, no hidden fees.

Try the Calculator

Frequently Asked Questions

How quickly can I get the money?

Returning clients can get money the same day. New clients typically receive funds within 24-48 hours after approval.

Do I need collateral?

No. We don't require collateral for micro business loans. Your business and character are enough.

Can I repay early?

Yes! Early repayment is allowed with no penalty. You'll only pay interest for the days you used the money.

What if I can't pay on time?

Ready to grow your business?

Apply today or visit any branch. Yɛbɔ mu yɛ adwuma – let's work together.

Apply Now Calculate Payment Call Us