The Microfinance and Small Loans Centre (MASLOC) has issued a stern ultimatum to individuals, groups, and institutions with outstanding loan repayments, urging them to settle their debts by September 30, 2025.
In a public notice released on September 15, MASLOC warned that it will publish the names of all defaulters in newspapers, on radio, and television if repayments are not made by the deadline.
The Centre cautioned that failure to comply would result in strict enforcement actions, including legal recovery proceedings and restrictions on future access to financial support.
“MASLOC funds are public resources meant to support the growth of small businesses across Ghana. Abuse or neglect of repayment obligations undermines this national effort and will be met with firm corrective measures,” the statement read.
MASLOC management reiterated its commitment to accountability and the protection of state resources, urging all beneficiaries to act responsibly and fulfil their repayment obligations to sustain the programme’s impact.
Source: Apexnewsgh.com
