A total of Gh¢886, 400 has been disbursed by the Micro Finance and Small Loans Center (MASLOC )to 89 women  groups drawn from the Upper West Region.

The 89 groups represents a total of 2,225 women who were  selected upon their applications from the Jirapa, Lambussie, Nandom, Daffiama, Issa and Bussu communities of the region.

The rest were from districts such as Wa West, Wa Central, Wa East, Lawra, Sissala East and West. The disbursement is aimed at helping beneficiaries expand their businesses and improve their source of livelihood.
The loans, according to MASLOC, are also to improve the lives of beneficiaries, line with President John Mahama’s Transforming Ghana, Changing Lives agenda.
Deputy Chief Executive officer of MASLOC, Mr Mustapha Batalima Abubakar, who  presented the cheques of various sums to the beneficiaries urged  the women to pay back the loan in the stipulated time.
He explains the loan is a revolving fund and that other women in other communities can only benefit when the current beneficiaries pay back in order to process the applications of other applicants.
According to the MASLOC Deputy CEO, the loan scheme in the Upper West Region and other parts of the country is in conformity with the President’s directive to make access to loans easy to people at the grassroots who ordinarily would find it difficult to take small loans from the traditional banks to boost their businesses.

THEUPDATESONLINE.COM is a reliable portal that gives updates to it cherished visitors. its a place where teaching and learning takes place, it gives updates on news around the world, Business and Financial tips, investment opportunities,reviews, and many more. There are currently 3 writers, ,Consultants, teachers and an editor making sure visitors get value for their time and money. The CEO of theupdatesonline.com is SIMON AHAFIA, he is a teacher, blogger, web developer , online marketer and an entrepreneur. He is also the CEO of SIMCEL GROUP.

Posted in News

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s


Do you have any article, news, press release or eyewitness report for publication? Send it to us and we will gladly work on it for you.


Do you have products and services you want to showcase on this website or portal? Just contact us and we will have a great deal.

WhatsApp: +233547489948

Need your own website/blog? Click below and get started

Enter your email address to follow this blog and receive notifications of new posts by email.

%d bloggers like this: