Got questions? We're here to help.
Everything you need to know about banking with Talent Microfinance Limited.
How do I apply for a loan?
You can apply for a loan by visiting any of our branches (Head Office Circle, Accra Central Liberty Ave, or Nima Market) or applying online directly through our website. Simply complete the loan application form with your valid Ghana Card, proof of income or business records, and guarantor details. Our credit assessment team will review your application within 24–48 hours.
What is the minimum loan amount?
The minimum facility amount depends on the product category:
- Personal / Salaried Loan: Starting from GH₵1,000 up to GH₵50,000
- Commercial / Business Loan: Starting from GH₵10,000 up to GH₵500,000
- Auto & Equipment Loan: Starting from GH₵5,000 up to GH₵200,000
- Cash Backed Loan: Up to 80% of your confirmed qualifying fixed deposit balance
What are your interest rates and disclosure terms?
In full compliance with Bank of Ghana guidelines, all interest rates and Annual Percentage Rates (APR) are calculated transparently with complete disclosure schedules provided prior to loan disbursement. Rates reflect the tenor, facility type, and risk profile. We do not assess hidden processing penalties or undisclosed fees.
How long does loan approval and disbursement take?
Upon submission of all required documentation (including applicant Ghana Card, passport photos, and completed guarantor undertakings), appraisal and approval typically complete within 24 to 48 business hours. Same-day emergency disbursements are available for qualified Cash Backed facilities.
How do I open a savings or Susu account?
You can open an account in two easy ways:
- Online: Click "Open Account" on any of our savings product pages (Regular Savings, Susu, Anidaso, Anidaso Plus, Adehye, or School Boafo) and submit the form.
- In-Branch / Mobile Banker: Visit any branch with a valid Ghana Card and passport-sized photo, or request a dedicated Talent Mobile Banker to visit your business location directly.
Are my deposits protected and regulated?
Yes. Talent Microfinance Limited is fully licensed and regulated by the Bank of Ghana (BoG) as a Tier-2 deposit-taking institution. Depositors are covered under the Ghana Deposit Protection Scheme (GDPC) pursuant to the Ghana Deposit Protection Act, 2016 (Act 931) and Act 984, protecting qualifying customer deposits.
What repayment channels are supported?
Talent provides multiple seamless repayment pathways for borrower convenience:
- Mobile Money transfers (MTN MoMo, Telecel Cash, AT Money)
- Bank Standing Orders and Direct Debit transfers (ACH / GhIPSS)
- In-person deposits across our Circle, Central, and Nima branch teller counters
- Dedicated Talent field collection officers with tamper-evident digital/receipted confirmation
Can I prepay or settle my loan ahead of schedule?
Yes, early repayment is encouraged and reduces the overall interest payable on reducing-balance facilities. We do not penalize borrowers for early settlement. Contact your designated credit officer to receive an official prepayment amortization statement.
Still have questions?
Speak directly with a Talent financial advisor or visit any of our Greater Accra branch offices.