Getting Mobile Currency Fund Within the Ghana; GHS step 1,100 within the 1 minute

Providing the means to access a fast mortgage from inside the Ghana nowadays is simple, effortless, and less time-ingesting. On advent of cellular money qualities and also the advancement into the safety and you may cybercrime checks, a lot of companies now don’t require equity in advance of actually granting financing on their users.

Today, anybody can have access to a simple mortgage right from the membership. The good region would be the fact MTN, that’s one of the main participants throughout the cellular currency services here in Ghana made feasible partnerships so the people have access to financing establishment..

Anyone can easily rating a loan from the mobile system merchant based their credit risk. Besides the MTN Qwik loan which is one of several well-known mobile currency fund out, there are many more an approach to receive finance right from your own mobile account hence blog post is going to cover you to definitely.

We’re going to guide you how to get access to cellular currency funds within the Ghana and then have show other types of fund you could apply for. Thus rather than throwing away subsequent go out, let us nail new robot to your floor.

MTN Qwik Mortgage

Quite a few of maybe you have currently heard of brand new MTN Qwik title loan cash advance Ruskin Loan because the is one of the most well-known particular mobile currency financing from inside the Ghana. The latest MTN Qwik mortgage is a step by afb Ghana and MTN Mobile Currency organization giving brief in order to website subscribers away from MTN cellular money services.

It’s an initial-label, unsecured, cash loan reduced on the a subscriber’s MTN Mobile Currency purse. As much as you are a subscriber of your own MTN MoMo, you can buy accessibility the borrowed funds each time and you can everywhere your require. In the 1st stage, you may have a threshold on loan.

Hence, new business could only supply the mortgage ft on the MoMo purchases and have now your commitment to this service membership. For many who spend your loan punctually, your financing limit might be elevated and you will consult a loan as much as GHS step 1,100000 out of this place.

Needless to say, the mortgage includes attract. Definition when repaying your loan, you only pay that have a supplementary fees. So if you are ready to obtain the loan regarding MTN, you might stick to the lower than measures.

As always, you truly must be an MTN mobile money subscriber ahead of carried on to help you demand the borrowed funds as it could just be provided by using the solution.

  1. Discover choice 5 that’s, economic provider photograph

That’s all, you have got efficiently gotten the borrowed funds you can now withdraw the fresh funds from an enthusiastic MTN Cellular provider or you can withdraw the cellular currency on an atm. However, definitely pay off in time and stay the fresh likelihood of starting to be more off MTN.

Fido Loan

A different way to get a cellular money loan for the Ghana try through the FIDO mortgage financial institution. FIDO Currency Lending Minimal (FIDO) is actually a financial institution located in Accra, registered from the Lender from Ghana.

The institution provides easily small-identity finance, entitled FIDO Funds to its people. To own usage of the loan, just be sure to go through a-one-big date verification of your ID and you will Cellular Currency membership.

As the MTN MoMo Qwik financing, FIDO does not also require security or guarantors prior to providing the borrowed funds.

How come Fido Loan Performs?

  1. Obtain brand new Fido App to the Google Enjoy store free of charge
  2. Incorporate of the filling in the mortgage application about application

NB: You can purchase up to 200 GHS on the very first mortgage app. Once you shell out timely then you unlock the initial maximum and now you could apply to be given up to 600 GHS.


As previously mentioned prior to, new MTN Qwik mortgage was in partnership into the AFB financial establishment offering the financing to help you the clients. The latest smartcash financing is even yet another mortgage by afb.

It lender is shaped in the year 2010 and because up coming, he has got mature to fund a massive percentage of Ghana’s monetary market. They provide different types of money for instance the Qwik loan, Smartcash mortgage, and the payroll loan.

The brand new smartcash was an initial-label loan all the way to a month, that have an easy to understand words. Candidates is have the dollars in 24 hours or less of app and you can this mortgage also does not require defense, collateral otherwise a bank account.

The money was paid back straight to the mobile account or you can go to any of its all over the country part towards the loan. Visit the homepage to find out more and also for the application site.

MTN XpressLoan

Xpress Mortgage is a credit or credit services into the MTN Cellular Currency system enabling typical MoMo subscribers to view an effective loan/credit business because of their cellphone within minutes.

Current MTN Users may use the borrowed funds solution to get into funds. There is no need getting coupons or documentation together with currency is sent directly into this new customer/applicant’s MoMo membership.

How exactly to borrow money regarding MTN XpressLoan

All right, these are some of the cellular currency or brief financing software when you look at the Ghana as you are able to make an application for today.

You really need to give them a go if you like financing. Please tell us throughout the review when you yourself have one mobile currency creditors from inside the Ghana you believe might also want to getting noted but we’ve perhaps not the next.