Student loan trust fund names and shames 30 defaulters

The Students Loan Trust Fund (SLTF) in Ghana has published the first batch of the names and details of 30 of its borrowers who have defaulted in repayment of their loans, reports

The publications in the Daily Graphic were done on 17 May and 22 May. The loan amounts in default, range from GHS1,500 (US$135) to GHS11,000.

According to the SLTF, the move is in accordance with the Students Loan Trust Fund Act 820, which empowers the SLTF to publish defaulters as one of the necessary steps before prosecution. Management of the fund has found the move necessary as a way of meeting a growing demand for loans from tertiary education students.
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