MUSIGA members to benefit from MASLOC loans

Members of the Musicians Union of Ghana (MUSIGA) are set to benefit from Microfinance and Small Loans Centre (MASLOC) facilities following a meeting between the leadership of the two bodies. The President of MUSIGA, Bessa Simons, announced this at a forum for MUSIGA members to engage with the President and executives of the Union. According to Bessa, members of the Union who are interested in seeking MASLOC assistance will be vetted by a committee set up by the Union to ensure that they meet the required criteria of MASLOC.

He noted that currently there are MASLOC facilities for tricycles, personal and group loans, for which the Union will recommend members who satisfy the criteria they set. “We will do a critical vetting of our members who will apply for the facilities so that only those with credible standing will be recommended for the facilities. MUSIGA has acquired a lot of experience in our recent past on how to handle these transactions for our members and we are determined to ensure that those who access these facilities have the capacity to repay on time. ” Members at the forum expressed their excitement at the idea, indicating that these are the kind of assistance that some of them want from the Union so that they can have the required peace of mind to practise their music. The forum, dubbed “Time with the MUSIGA President and Executives”,…