An employee number – for either government (CAGD), Ghana Police Service (GPS), Ghana Army, Ghana Revenue Service or Kwame Nkruma University of Science and Technology.

There are four ways in which you can apply for a loan with Izwe:

1. Directly at one of our branches
2. Through our vast sales agent network
3. Through our helpful call centre agents. Call me back
4. By applying online

Yes, you need to be a permanently employed government employee.

Izwe offers loans up to GHS40,000 with up to 72 months (6 years) to repay.

Once your loan has been approved, you can receive your money within 24 hours.

Your approved loan amount can be paid out in cash, via cheque, EFT, Mobile Money (limited to GHS10,000) or a combination of these. You can select the most convenient pay-out method suited to you.

All personal loan repayments are made via a salary deduction at your employer. The repayments are automatically deducted via your payroll office. Even if you have a payroll deduction you must make sure that your instalments are pain in full, and on time. You are responsible for all arrears that should arise.

Yes, rollovers are permitted. A new loan will be issued to the borrower, but a portion of the new loan will be used to settle the outstanding amount of the current loan, with the balance being paid out to the borrower.

We offer credit life insurance with our loan products which cover death, disability, medical incapacitation and retrenchment under certain terms and conditions.

The interest rates vary depending on a number of factors. All interest rates are reflected on our pre-printed payment schedule (a sales consultant or dedicated agent can assist you with this) and on the pre-agreement that we issue to you, as per the Bank of Ghana requirements.

As per our standard terms and conditions a client is entitled to settle a loan prior to the contract end date. If you would like to settle your loan early contact our call centre on +233 (0) 302 208 222 and we will generate a settlement quote for you. A settlement quote takes 7 days to prepare and is valid for 3 days.

As per the standard terms and conditions included in the Secured Loan Agreement, a borrower has a right to cancel their loan agreement within a certain period.

Yes you may pay your instalment or arrears at any of our branches but your fixed salary deduction will continue to run until your loan is settled in full.

You are welcome to visit at Izwe branch or contact us on +233 (0) 302 208 222 to enquire about the outstanding balance of your loan or savings account.

You can either Visit one of our branches directly or contact our call centre on
+233 (0) 302 208 222 to request an application form. On submission please attach the following:

• Original car ownership documents
• Proof of identification
• A valid driver’s license
• Two recent and original passport photos
• Six months’ bank statements
• Post-dated cheques for the loan term

Izwe offers up to GHS 100,000 with repayment terms of up to 18 months, while you keep driving your car.

On approval you will receive access to your loan within 24 hours.

While the vehicle provides as collateral for this loan, we also assess your financial situation – these two factors combined determine the amount you can be eligible for, up to 70% of the value of your vehicle.
Note: the vehicle must be 10 years old or less, from date of manufacture in order to qualify.

The loan amount is determined by our credit criteria, your affordability as well as the valuation amount on the vehicle.

You will be required to pay a maximum of GHS100.00 for the valuation process.

The interest rates vary depending on a number of factors. The interest rate be disclosed when a sales consultant provides you with the pre-agreement, as required by Bank of Ghana (BOG).

You have a contractual obligation to make equal, monthly instalments on the agreed payment date must be presented on or before the due date, without fail.

You are liable for a bounced cheque fee for every payment that bounces and Izwe will take the necessary procedures following non-payment.

Yes, you will be charged a penalty fee for unpaid instalments / arrears amounts.

Yes, you can pay off your loan earlier than expected but you must give 20 working day’s written notice to Izwe before doing so. Early settlement fees may be levied.

Since the vehicle is pledged as security for the loan, Izwe reserves the right, as a last resort, to auction the vehicle to recover the loan.

Complete the account opening form and supply the below documents to any of our branches, or to one of our sales consultants. On submission please attach the following:

• A valid national identification document (we accept Voter’s ID, SSNIT, Biometrics ID card, Driver’s License or Passport)
• A recent and original passport photo of yourself
• Minimum deposit into your account of GHS 50
• A sketch of your local residence, area map or valid proof of residence document

There are no charges on the Cash Saver account, even at time of withdrawal.

The interest rates we offer on Cash Saver are highly competitive and are published monthly.

You can make deposits from your place of work, electronically or at any of our Izwe branch tellers.

Every client of Izwe is eligible to open a Savings Plus Cheque Account which offers a cheque book for convenience.

iVest is a high yielding fixed term investment that offers you the maximum return on any amount invested up to 12 months.

The minimum investment amount is GHS 5,000

The interest rates we offer on iVest are highly competitive and are published monthly.

Complete the account opening form, which you can get from your nearest Izwe branch. Attach the below documents and your bank teller will open an account immediately, in which you can make a deposit either with cash or a cheque.

• A valid national identification document (we accept Voter’s ID, SSNIT, Biometrics ID card, Driver’s License or Passport)
• A recent and original passport photo of yourself
• A minimum deposit into your account of GHS 5,000
• A sketch of your local residence, area map or a valid proof of residence document

No, there are no charges on the investment except in cases of early withdrawal.

Izwe is regulated licensed as a Savings and Loans company by the Bank of Ghana (BOG).
Our financial results are published locally for all investors to make an informed decision.

You will receive your funds within 7 days of on the maturity date, unless other arrangements have been made.

Yes, early termination is permitted however charges may apply.

Yes, this is possible, please contact your closest branch or contact our call centre on +233 (0) 302 208 222 and we’ll call you back.

It takes a maximum of 3 working days.

Invoice Discounting is a product that provides a bridging finance solution to suppliers and contractors of large corporates. It offers an opportunity for both parties to improve their cash flow by ensuring the supplier can receive payment of their invoices timeously, and corporates can maintain their liquidity.

• Once the corporate and supplier have signed up with Izwe, the supplier submits their invoice for payment to the corporate.
• The corporate confirms the job to be done by validating the invoice presented. The supplier then submits  a copy of the validated invoice to Izwe for payment which takes place within 24 hours.
• The corporate pays Izwe the full amount of the outstanding invoice according to the payment terms previously agreed with the supplier (30, 60 or 90 days).
• Izwe pays the supplier any excess money settling the facility granted and any fees.

Izwe works with corporate clients in key sectors of the economy such as mining, energy, manufacturing, telecoms and more.

• Izwe delivers dependable financial assistance through accelerated invoice payment bridging the payment gap. We enter into a Memorandum of Understanding (MOU) with you, the corporate institution.
• When services are provided, your supplier can send these invoices to us for direct payment to them, within 24 hours.
• Your company then pays Izwe according to the payment terms as agreed (up to 90 days).

No. The contractual agreement for Izwe invoice discount financing is between your supplier and Izwe. There is no liability on you to pay any amount to the supplier once Izwe has paid them. You only need to pay Izwe within the agreed period.

Izwe offers you the option to pay the full invoice amount within 30, 60 or 90 days.

The debt remains that of your supplier. If payment is received after the agreed payment date, this could incur additional costs to the detriment of your supplier.

• Get the best service provider for the job, regardless of their payment requirements
• Eliminate the need to pay suppliers Cash on Demand
• Match receivables with payables and manage liquidity better
• Contribute to your supplier’s capability to deliver, improving your operational efficiency
• Assure continued service from key suppliers while maintaining payment terms of up to 90 days
• We negotiate better pricing for you with your participating suppliers.

• Signed Supply Chain Finance Memorandum of Understanding (MOU)
• Certificate of Incorporation
• Tax Clearance Certificate
• 3 years audited financial statements
• GPS address of business premises
• Stamped copies of invoices to be discounted.

You can provide us with a list of your suppliers who we will then contact and market directly to them.

No, there is no charge applicable to the corporate client.

Invoice Discounting is a product that provides a bridging finance solution to suppliers and contractors that work with large corporates.

Izwe can contact the corporate about on-boarding them. We will need you to arrange an introduction.

• Once the corporate and supplier have signed up with Izwe, the supplier submits their invoice for payment to the corporate.
• The corporate confirms the job to be done by validating the invoice.
• The supplier then submits a copy of the invoice to Izwe for payment which takes place within 24 hours.
• The corporation then pays Izwe the full amount of the outstanding invoice and Izwe pays the supplier any excess money once Izwe has deducted its fees.

Izwe can contact the corporate about on-boarding them. We will need you to arrange an introduction. .

You qualify for Izwe Invoice Discounting finance if you are a supplier to a corporate and you meet our credit criteria.

• Certificate of Incorporation
• Passport sized photos of all Company Directors
• Copy of all Company Directors IDs
• Application cover letter and board resolution
• 6 months bank statements
• GPS address of business and residence of key applicants
• Stamped copies of invoices to be discounted

Izwe offers up to 70% of the value of your invoice (net of VAT) with a minimum of GHS 10 000 and a maximum or GHS1 000 000

Izwe offers corporate customers up to 90 days to repay.

Once you have submitted your invoices to us, with acknowledgement by your client/s, Izwe will make a direct payment to you within 24 hours.

Yes you can, provided we have an Memorandum of Understanding (MOU) with all your clients.

No, you have the flexibility to discount invoices when your cash flow requires it.

• No more waiting to get paid. 24 hour turnaround time from full invoice submission to approval and payout.
• Stable cash flow assured, so you can continue supplying on new orders
• No more chasing clients and following up on payments
• Improves your ability to deliver on promises
• All excess funds paid back to you within 24 hours of corporate payment to Izwe
• Lowest rates in the microfinance sector for invoice discounting finance with no hidden costs

No, as the invoice discounting finance facility is self-secured through the MOU Izwe enters into with your corporate client.