The Bank of Ghana (BoG) defines Microcredit Institutions as a specific category of licensed Non-Bank Financial Institutions (NBFIs) whose primary function is to provide small, uncollateralized loans (microcredit) to low-income clients, small-scale businesses, and individuals who are typically excluded from the traditional banking system. They are generally categorised under the BoG’s supervisory framework for Other Financial Institutions (OFIs) and are distinguished by the scope of services they are permitted to offer: 1.Primary Activity: They are licensed to provide Microcredit (small loans) and offer little to no other financial products. 2.Deposit-Taking Status: They are strictly Non-Deposit-Taking Institutions (unlike Tier 2 Microfinance Companies and Savings & Loans Companies), meaning they are not authorised to accept savings or current account deposits from the public. 3.Target Market: Their services are specifically aimed at promoting financial inclusion for low-income clients, operators in the informal sector, and small businesses who cannot access credit from formal banks. 4.Regulatory Status: They are corporate entities that must obtain a valid Tier 3 licence from the Bank of Ghana to operate legally as Money Lenders or Non-Deposit-Taking Financial NGOs (FNGOs). Below is a list of the Bank of Ghana’s authorised microcredit institutions in Ghana. No. Bank Name Address / Location Contact 1 BILLS MICRO-CREDIT LIMITED Mamprobi, Accra 0302687475 / 0273887113 / 0206385648 2 CARBON MICRO-CREDIT COMPANY LIMITED Accra North 0302546950 / 0244204450 3 CASHCOW MONEY LENDING LIMITED Amasaman 0244230584 4 CUD MONEY LENDING LIMITED Cantonments, Accra 0577668351 5 DAD MICRO-CREDIT LIMITED Cantonment, Accra 0246441101 / 024448089 6 DICKMAFLE MONEY LENDING LIMITED Agbozume 0244028009 7 DL MONEY LENDING LIMITED Kumasi 020201577 / 0500106010 8 F.O.D MONEY LENDING SERVICES LIMITED Accra 0577738770 9 FIDO MICRO CREDIT LIMITED Accra 0540114250 10 HERITAGE AND LEGACY MONEY LENDING COMPANY LIMITED Accra 0207431581 11 INFINITY CAPITAL MONEY LENDING LIMITED Burma Camp, Accra 0302964372 / 0203469586 12 LINK EXCHANGE MICRO-CREDIT LIMITED Cantonments, Accra 0302242746 13 MACELLA MONEY LENDING LIMITED Ashaiman 0205369118 / 0307031193 14 MAGNET MONEY LENDING LIMITED Madina, Accra 0302969087 / 0206619118 15 MHT MONEY LENDING LIMITED Achimota, Accra 0302948885 / 0302975587 / 0245925125 16 MULTITRUST MONEY LENDING SERVICES LIMITED Ahinsan 0244232044 / 0322082759 / 0244650074 17 NDL MONEY LENDING LIMITED Cantonments, Accra 0206467368 18 NECTAR MONEY LENDING LIMITED Cantonments, Accra 0302962311 19 NEW ACME TRUST MONEY LENDING LIMITED Mamprobi 0243220404 / 0342290780 / 0303937588 / 0505715683 20 PATKAT MONEY LENDING COMPANY LIMITED Mankesim 0244623454 / 0234979892 / 0208581251 / 0270230824 21 PRIMEFEX MONEY LENDING LIMITED Cantonments, Accra 0245704280 / 0342290529 22 PWF CAPITAL MONEY LENDING LIMITED Mamprobi 0208141968 / 0268141968 23 SELVAN AND SALIA CAPITAL MONEY LENDING LIMITED Cantonments 0208350396 / 0249001534 24 SIKAPRESS MONEY LENDING COMPANY LIMITED Niiboiman, Accra 0302676435 / 0302676336 / 0244172628 25 STAR CAPITAL MONEY LENDING LIMITED Airport 0572231930 / 0302542177 / 0302542182 / 0289601918 26 VISION FUND GHANA MONEY LENDING LIMITED Cantonment, Accra 0302502064 / 0244258848 / 0546702691 / 0501423871 27 WELCOME MONEY LENDING SERVICES LIMITED Takoradi 0312000602 28 YOBSONS MONEY LENDING LIMITED Mallam, Accra 0208377974 / 0242210520 / 0302332633 Tags: Bank of Ghana