Borrowing Requirements at Holdor Microcredit
Borrowing from Holdor Microcredit is intentionally simple, but the requirements are clear so that lending stays responsible and sustainable. Here’s the website‑ready, structured version you can publish immediately.
What we need from you
To qualify for a facility, applicants must meet three sets of requirements: personal, business, and guarantor. Each one helps ensure the loan is affordable and secure.
Personal Requirements
These confirm your identity and ability to be contacted.
- Valid Ghana Card — national ID for verification
- Active phone number — for follow‑ups and repayment reminders
- Residential or digital address — proof of where you live
- Recent passport photo — for your loan file
Business Requirements
For traders, micro‑businesses, and small enterprises.
- Business name and location
- Business registration (if applicable)
- At least 6 months in operation
- Basic cash‑flow history — sales, expenses, or turnover
- Nature of business / trade
Guarantor Requirements
A guarantor strengthens your application and reduces risk.
- Guarantor Ghana Card
- Guarantor phone number
- Proof of stable income or business
- Willingness to guarantee the loan
- Clear relationship to the borrower
Financial Requirements
These ensure the loan amount matches your repayment capacity.
- Requested amount must match your cash flow
- Repayment frequency must be realistic (weekly or monthly)
- Existing loans must be disclosed