NEEDS MICROFINANCE LTD
1st Floor Gina Villa, Adjacent Achimota Golf Club, Legon West Road
P.O.Box KIA 16192, Accra.

Tel:+233-30-297 5566
M:+233-28-954-8421
AUTO LOANS (Mii Twi Bi)

Needs auto loan is a product designed to provide small and micro-entrepreneurs and individuals with opportunity to owe a private or a commercial vehicle(s) of their own. The product will see vehicles of up to eight years old financed to a maximum of 70 percent of the value, with the client selecting a car model of their choice, submitting the model quotation to Needs, who would then purchase, register and insure the vehicle.

SPECIFIC ELIGIBILITY CRITERIA:
- Have a driving license.
- Should have been a driver for minimum two (2) years.
- Have a minimum equity of GHC 3,500.00 or GHC 4,000.00 depending on whether it is Taxi or Trotro.

FEATURES:
- Comprehensive insurance on the car.
- Life insurance in case of death or permanent disability
- Two guarantors or more needed.
- Should have been a commercial driver for two years.
- Car is owned and used by the owner.

APPLICATION REQUIREMENTS:
- Driving license.
- AMA pass book for commercial drivers.
- Proof that initial cash deposit has been fulfilled.