NBSSI/ Mastercard Foundation Ghana Nkosuo Loan 2024 for MSMEs: The NBSSI/ Mastercard Foundation Ghana Nkosuo Loan 2024 Application is now open. The NBSSI Mastercard Foundation Recovery and Resilience Program for MSMEs has been set up to provide financial and business advisory support to MSMEs and start-ups weather the economic downturn caused by the COVID-19 pandemic in Ghana.

All Ghanaian-owned businesses, registered or unregistered are eligible to apply for funding.

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NBSSI/ Mastercard Foundation Ghana Nkosuo Loan 2024 for MSMEs.

Ghana Nkosuo loan 2024 Eligibility Criteria

Applicant’s Requirements:

Proof of business operations
Description of Business (i.e type personnel, customer, suppliers etc.)
Financial details (i.e Sales, cash flow statement, profit & loss extract)
Detail of product and services
Demonstrate that COVID–19 had negative impact on your business

Micro, Small and Medium Enterprises (MSMEs) with activities drastically slowed by the COVID-19 pandemic in many ways including:

Production and supply chain disruptions, shortages and delays
Reduced consumer demand for products and services
Reduced capital and investment flows
Labor shortages due to social distancing regulations

MSMEs providing services in demand during the pandemic and that have capability to grow and positively impact communities affected by the pandemic

Priority Sectors

Agri and Agro-Businesses
Food and Beverages
Water and Sanitation
Services
Technology
Manufacturing
Garments and PPE
Commerce and Trade
Logistics
Tourism and Hospitality
Healthcare and Pharmaceuticals
Education

Enterprise must be either a micro, small OR MEDIUM enterprise.
Informal enterprises
Female-owned businesses are encouraged to apply
Youth-owned or youth-led businesses (age 18-35) are encouraged to apply
Enterprise must be willing and committed to continue maintaining the operation of their business via the accessing of a loan (either with or without the grant) and are unable to avail the required loan collateral.

READ: Survival Fund Application Portal survivalfundapplication.com