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How to get Mobile Currency Financing Inside the Ghana; GHS step one,100 in the one-minute

How to get Mobile Currency Financing Inside the Ghana; GHS step one,100 in the one-minute

Providing entry to a fast mortgage when you look at the Ghana nowadays was easy, simple, and less date-consuming. To the advent of mobile currency features additionally the development from inside the security and you will cybercrime inspections, many companies now don’t require equity prior to actually granting a loan to their consumers.

Now, anyone can get access to an instant financing right from their membership. The nice part would be the fact MTN, which is one of the leading players in the cellular currency service in Ghana has made viable partnerships and so the people can access loan organization..

Anyone can easily get that loan from your mobile system provider according to your own borrowing from the bank risk. Besides the MTN Qwik mortgage which is one of several preferred cellular money financing out, there are many an effective way to receive financing from the cellular membership and therefore post is about to defense you to definitely.

We’re going to guide you getting the means to access mobile money money in Ghana as well as have reveal other types of finance you could potentially apply for. So versus wasting after that time, let us complete brand new robot into soil.

MTN Qwik Financing

Nearly all you could have currently observed the fresh MTN Qwik Mortgage due to the fact is one of the most prominent particular cellular money funds when you look at the Ghana. The MTN Qwik financing was a step of the afb Ghana and you will MTN Cellular Currency organization giving quick to help you clients regarding MTN mobile money service.

It’s a preliminary-term, unsecured, advance loan paid down towards the good subscriber’s MTN Mobile Money bag. In terms of you’re a customer of MTN MoMo, you can buy accessibility the borrowed funds each time and you can everywhere you require. At the 1st phase, you have a threshold for the financing.

For this reason, new providers can only give you the loan base in your MoMo transactions and have now their commitment to the service. For those who shell out your loan on time, then your financing restrict could be raised and request that loan of up to GHS step 1,100 from this business.

Without a doubt, the mortgage has appeal. Meaning whenever repaying your loan, you only pay having an additional charges. If you are ready to get the financing of MTN, you could potentially follow the lower than actions.

Of course, you need to be an enthusiastic MTN mobile money customer ahead of continuing to help you consult the loan as it can certainly simply be granted using the provider.

  1. Select option 5 that’s, economic solution photo
  • Select solution step 3 to possess financing
  • Select option 1to sign up for the borrowed funds
  • Get into the mobile currency pin to possess confirmation
  • Await verification
  • You could get an Sms when your software could have been accepted.

That’s all, you have effectively obtained the borrowed funds now you can withdraw the funds from a keen MTN Cellular merchant you can also withdraw your mobile money within an atm. However, be sure to pay in time and you can sit the latest chance of getting more out-of MTN.

Fido Mortgage

A different way to score a cellular money mortgage when you look at the Ghana try from FIDO financing lending institution. FIDO Money Lending Limited (FIDO) are a lending institution based in Accra, registered because of the Bank out-of Ghana.

The institution will bring quick and easy brief-title finance, titled FIDO Funds to the consumers. To have entry to the borrowed funds, attempt to pass through a-one-go out verification of one’s ID and Mobile Money account.

Because the MTN MoMo Qwik financing, FIDO cannot additionally require collateral otherwise guarantors just before providing the borrowed funds.

How does Fido Mortgage Functions?

  1. Download the latest Fido App towards Yahoo Enjoy store for free
  2. Incorporate of the filling in the mortgage application about app

NB: You should buy up to 2 hundred GHS on your earliest loan app. After you shell out on time then you certainly open the first limit nowadays you can connect with be provided with to 600 GHS.


As stated earlier, the fresh MTN Qwik financing was a student in relationship on AFB monetary establishment offering the loan so you can their members. The newest smartcash financing is even a special financing of the afb.

So it financial institution is actually molded in the year 2010 and because following, he’s got xxx to fund a big portion of Ghana’s financial sector. They give you different varieties of Sidney title loan online finance like the Qwik loan, Smartcash loan, in addition to payroll loan.

The new smartcash was a primary-name financing as high as 1 month, that have a clear terminology. People can receive the bucks within 24 hours out of application and you can this loan also does not require coverage, collateral otherwise a bank account.

The money try paid down directly to your own cellular membership or if you can go to some of their nationwide part toward financing. Check out their website for more information and for the application webpage.

MTN XpressLoan

Xpress Financing was a borrowing or borrowing provider on the MTN Cellular Currency program that allows normal MoMo subscribers to access an excellent loan/borrowing from the bank business by way of the mobile within seconds.

Established MTN Consumers can use the loan service to gain access to fund. You don’t need to for savings otherwise paperwork and money is distributed directly into the new subscriber/applicant’s MoMo account.

How to borrow funds from MTN XpressLoan

Ok, the above are among the cellular money or quick loan applications in Ghana to get today.

You will want to promote any of them a try if you want that loan. Delight write to us on opinion when you yourself have any mobile currency creditors inside Ghana you think should also feel indexed however, we have perhaps not the next.