Monday, 15 September

MASLOC to publish names of loan defaulters after final warning

Business
MASLOC

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