Mobile apps are a convenient way to get a loan in Ghana. There are several apps available that offer quick and easy access to loans, with some offering approval in as little as 24 hours.
To get a loan with a mobile app, you will typically need to be a Ghanaian citizen with a valid ID card and a mobile phone number. You will also need to have a mobile money number, as the loan will be deposited into your mobile money account.
The amount of the loan you can get will vary depending on the app, but most apps offer loans of up to GHS 1,000. The interest rate on the loan will also vary, but it is typically around 20% per annum.
To apply for a loan with a mobile app, you will need to download the app and create an account. You will then need to provide some basic information about yourself, such as your name, address, and income.
Once you have submitted your application, the app will review your information and make a decision about whether to approve your loan. If your loan is approved, the money will be deposited into your bank account within 24 hours.
It is important to note that these loans can be expensive, so you should only borrow what you need and be able to repay the loan on time. You should also compare the terms and conditions of different apps before you apply, so that you can find the best deal for you.
Here are some of the most popular mobile apps for loans in Ghana:
- New Loan is a mobile app that allows you to apply for a loan of up to GHS 1,000. The loan can be repaid in installments over a period of 3 to 6 months. The interest rate on the loan is 20% per annum. To qualify for a loan, you must be a Ghanaian citizen and have a valid ID card. You must also have and a mobile money number.
- Cidiboom is a mobile app that allows you to apply for a loan of up to GHS 500. The loan can be repaid in installments over a period of 1 to 3 months. The interest rate on the loan is 15% per annum. To qualify for a loan, you must be a Ghanaian citizen and have a valid ID card. You must also have a bank account and a mobile phone number.
EveryDollar - Ficash is a mobile app that allows you to apply for a loan of up to GHS 1,000. The loan can be repaid in installments over a period of 3 to 6 months. The interest rate on the loan is 20% per annum. To qualify for a loan, you must be a Ghanaian citizen and have a valid ID card. You must also have a mobile money number.
- Super Loan Super Loan is another mobile app that allows you to apply for a loan in Ghana. The app is available for download on both Android and iOS devices.To qualify for a loan with Super Loan, you must be a Ghanaian citizen with a valid ID card and a mobile phone number.
- Fido is another mobile app that allows you to apply for a loan in Ghana. The app is available for download on both Android and iOS devices.To qualify for a loan with Fido, you must be a Ghanaian citizen with a valid ID card and a mobile phone number. You must also have a bank account, as the loan will be deposited into your account.The amount of the loan you can get will vary depending on your credit score and income, but most loans range from GHS 500 to GHS 3,000. The interest rate on the loan will also vary, but it is typically around 20% per annum.
