Terms & Conditions

Last updated: July 2026

1. Acceptance of Terms

By accessing and using the Wemak Banc platform and services, you agree to be bound by these Terms and Conditions. If you do not agree to these terms, please do not use our services.

2. Loan Services

Wemak Banc provides micro-lending services specifically designed for market traders and small business owners in Ghana. All loan applications are subject to approval based on our underwriting criteria, which includes verifying your trading income via MoMo statements and identity via Ghana Card.

3. Repayment Terms

By accepting a loan, you agree to repay the principal amount plus a flat interest rate as specified in your loan agreement. Repayments must be made according to the agreed schedule (daily or weekly). A 10% processing fee is collected at the time of disbursement.

4. Late Payments & Defaults

Failure to make scheduled repayments may result in late penalties and immediate recovery actions. We reserve the right to contact your guarantor or take necessary legal action to recover outstanding debts.

5. User Accounts

You are responsible for maintaining the confidentiality of your account credentials. You must immediately notify us of any unauthorized use of your account.

6. Contact Information

For any questions or concerns regarding these Terms & Conditions, please contact us at: 0249860105.