WHO IS OUR CLIENT
Ghana Home Loans Limited is Ghanaa€™s leading residential mortgage provider, mostly providing mortgages to middle class Ghanaians. Having started in 2006, GHL has emerged as an entrepreneurial success in the Ghanaian market place. Its total assets are currently in excess of US$100 mln and further growth is anticipated. GHLa€™s largest shareholder is Aureos (Abraaj), which invested in GHL in 2012.
The funds will be used for on-lending to Ghanaian home owners (owner-occupants). Provision of credit to home owners in Ghana will lead to further development of Ghana's affordable housing market.
WHY WE FUND THIS PROJECT
GHL continues to play an important role in the development of Ghana's housing market. The facility will contribute to job creation in Ghana through the positive impact that mortgage provision has on the development of the local housing (construction) sector. In addition the provision of mortgage loans enhances GHL's capacity to actively reduce the housing crisis in Ghana.
+27 11 507 2500
ACCOUNTABILITY MECHANISM OF FMO
Communities who believe they will be negatively affected by a project funded by the Dutch Development Bank (FMO) may be able to file a complaint with the Independent Complaints Mechanism, which is the joint independent accountability mechanism of the Dutch Development Bank (FMO) and the German Investment Corporation (KfW) . A complaint can be filed in writing, by email, post, or online. The complaint can be filed in English or any other language of the complainant. The Independent Complaints Mechanism is comprised of a three-member Independent Expert Panel and it can provide either problem-solving, compliance review or both, in either order. Additional information about this accountability mechanism, including a guide and template for filing a complaint, can be found at: https://www.fmo.nl/independent-complaints-mechanism.