MASLOC to publish names of loan defaulters after final warning

The Microfinance and Small Loans Centre (MASLOC) has issued a stern reminder to individuals, groups, and institutions who have defaulted on their loan repayments, urging them to settle their indebtedness by September 30, 2025.
In a public notice, MASLOC warned that after the deadline, the names of all defaulters will be published in newspapers, on the radio, and on television.
The Centre stressed that failure to comply would trigger strict enforcement measures, including legal recovery proceedings and restrictions on accessing future 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.
Management further emphasised its commitment to ensuring accountability and protecting state resources while urging beneficiaries to act responsibly by honouring their repayment obligations.
Source: classfmonline.com/Cecil Mensah
Trending Business
World Bank disburses $360m to support Ghana’s economic recovery and resilience
03:48President Mahama: Nkoko Nketenkete project to launch in Oct
19:01V/R: AGI marks 30 years with bold vision for 24-hour economy
13:48NEIP, MoFA partner to support agric entrepreneurs under 'Adwumawura' programme
16:41Ga East Assembly holds departmental budget hearing for 2026 fiscal year
10:15Chief of Staff reaffirms gov't’s commitment to 24-hour economy at BoG workshop
03:29SIC-FSL MD cuts his own and staff salaries by 20% to salvage the company
16:11Engineers & Planners completes acquisition of Azumah Resources Ghana and Upwest Resources
12:35Commercial Transport Operators issue ultimatum over high spare parts prices
09:01Mahama outlines measures to find real value of Cedi and boost economic confidence
04:40