Our Story
GreenMist Debt Recovery (GDR) company limited was incorporated in 2012 under the laws of the Registrar General Department of Ghana and in the business of recovering debt for individuals, cooperate bodies, Banks and Financial Institution.
Our business strategy is to recover debts for individuals and cooperation’s at an extremely competitive market rate in Ghana, to reduce the financial burden and trauma on clients, whiles maintaining client debtor relationships by exhibiting professionalism in our services.
Our Process
Our Operational Procedures
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1.
Initial Submission: Complete the inquiry form on our homepage.
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2.
Case Evaluation: A Debt Officer will review your file. You will receive an Approval or Denial confirmation (including detailed feedback if the case is declined).
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3.
Terms & Agreement: Upon approval, we will provide a service contract and a transparent fee structure for your review.
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4.
Authorization: Securely sign the contract and provide a Limited Power of Attorney, authorizing Greenmist to act on your behalf.
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5.
Activation: Once documents are received, your case moves immediately into our recovery workflow.
Our Past Clients & Performance Assessment
Our client base are in the following categories:
- Financial Institutions
- Corporate Bodies and Businesses
- Individuals
A total amount of GHS 7,049,000.00 have been redeemed for the following financial institutions within the periods illustrated in the table below:
| NO. | Name of Client | Period / Duration of Assignment |
|---|---|---|
| 1 | Imc Loans | 20th July 2012 - Present |
| 2 | Dalex Finance | 13th Jan. 2012 - 4th July 2015 |
| 3 | Orbit Investment | 5th Sept. 2013 - 15th Oct. 2015 |
| 4 | Edern Financials | 8th May 2014 - 1st Jan. 2016 |
| 5 | EcoCapital | 14 March 2024 - Present |
A total amount of GHS 80,000.00 have been recovered for the following Corporate Bodies in the periods illustrated in the table below:
| NO. | Name of Client | Period / Duration of Assignment |
|---|---|---|
| 1 | Mission Company Limited | March 2018 - On-going (20 out of 25 assignments done) |
| 2 | Contropac Ghana Limited | 5th May 2018 - on-going (6 out of 10 clients have been done) |
| 3 | Michals Farms and Agro — Processing Company Limited | 1st March 2017 — 23rd Oct. 2018 |
| 4 | Eiden Africa Limited | 3rd Feb. 2018 to 25th Nov. 2018 |
| 5 | Kiteye Petroleum | 22nd September 2024 - Present |
| 6 | Evertons Energy | Jan 2025 - Present |
A total amount of GHS 254,800.00 have been redeemed for the following Individuals:
| NO. | Name of Client | Period / Duration of Assignment |
|---|---|---|
| 1 | Isaac Awotwe Pratt | 2nd August 2018 to Present |
| 2 | Nana Yaw Bonsu | 16th August 2017 — 2nd July 2018 |
| 3 | Kwadwo Serpong Dodoo | 26th Sept. 2018 - |
| 4 | Theodora Awo Klyde | 26th June 2016 - 25th Dec. 2016 |
| Please note the individual profiles are not limited to the names highlighted above. | ||
1. Our Fees & Charges
- 1. Operational Charge of GHS 20.00 will serve as administrative and registration fees (one-time payment).
- 2. All MOMO transactions will require an operational charge.
- 3. A commission of 25% on debt portfolio without Operational Fees and 12% with Operational Fees.
- 4. In the event where assignment is in foreign currency, the commission will be charged based upon the same foreign currency.
2. Payment Processes
GDR prefers that debtors make payments to us since debtors enter into a new agreement when the debtors are invited into our office to discuss the payment plan. GDR gives post-dated cheques against their due dates. In the case where agents have to meet the debtors for payments, receipts are issued and payment is made into the client company account and the slip is kept. Debtors can also make payments to our clients and come forth with the receipt.
3. Legal & Audit
In case a debtor's case goes to court, which is the last resort and action, we usually deem it inexpedient, the client will be responsible for the filing fee and any other legal charges. GDR has a respectable team of lawyers in all parts of Accra. Our legal experts discuss every list of defaulters and educate management on the legal implications of each defaulter, before letters of indebtedness are served to them, our firm of accountants/auditors make sure debt portfolio is also recoverable and seek fairness to both parties.
4. What Makes Us Unique?
- • We have modern debt recovery systems which are IT-based for tracking difficult debtors to make sure they are always within reach to fulfill their payment.
- • We avoid the situation of court process and ensure recovery assignments are completed within 90 days after contract signing.