Grow your business with Absa's loan solutions

Apply for an Absa SME Loan to access an incredibly low interest rate of 10% p.a.

This special offer is available to women SMEs, agribusinesses, youth-owned businesses and fintechs that are seeking to expand their businesses and create jobs for the youth, especially women. 

• Women-owned SMEs, youth business owners (up to 35 years), agribusinesses (businesses within the agricultural value chain) and fintechs can access unsecured loans of up to GHS1,000,000
• Collateral will be required for loans above GHS1,000,000
• Applicants must be willing to participate in a capacity-building program or provide evidence of participating in one organised by a credible institution
• Identified successor who is ready to take over the business in your absence as the business owner 
• Capacity to employ additional staff
• Businesses can access up to GHS11,000,000 in loans with a collateral
• Interest rate of 10% per annum applicable
  
• Get up to 24 months repayment period
• This programme is only available to existing Absa SME clients

Qualifying criteria

• Actively operate a business account with Absa Bank to qualify for a capacity-building opportunity
• For collateral-free loans, actively operate a business account with Absa bank for a minimum of 3 months in addition to 12 months' bank statements from previous bank
• Participation in entrepreneurial and financial management training organised by Absa or a credible institution
• Business should be registered with the Registrar General's Department
• Capacity to employ additional staff
• Identified successor who is ready to take over the business in your absence as the business owner
• No adverse findings on credit reference bureau

Call +233 26  224 5160 or  +233 20 257 2753 or download the application form to get started.

Download application form