4 Easy Steps To Apply for Government’s GHS 600 Million Coronavirus Loan Package

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An entrepreneur at work

As part of measures to support small scale enterprises during the coronavirus pandemic, the government announced a GHS 600 million package.

This is meant to be loans to help struggling businesses stay afloat during the pandemic.

If you’re a small scale business and you meet the following criteria discussed here then you need to pay attention to the following steps.

HOW TO APPLY FOR THE FUND

Step 1

Eligible candidates can register via our web portal, phone 0302747777 our BAC Centers, or USSD code.

Step 2

A Unique Reference Code will be sent to you via text (SMS) and email after registration.

Step 3

Wait for a second notification via text (SMS) and email to continue with the application.

Step 4

Use the Unique Reference Code received in Step 2 to continue with the loan application.

NOTE THAT THE ONLINE PORTAL FOR THE APPLICATION IS NOT YET AVAILABLE.

Please note that the following sectors have been identified as priority areas by the National Board for Small Scale Industries (NBSSI), the institution responsible for administering the funds:

  • Healthcare and Pharmaceuticals
  • Manufacturing
  • Agri-businesses and Agro-businesses – food and beverages incl.
  • Water and Sanitation/PPEs
  • Tourism and Hospitality
  • Education
  • Textiles and Garments
  • Commerce/Trade
  • Other Services

If your SME falls in any of the above, then you stand a chance of securing some funds.

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Source: Kuulpeeps.com

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