MoLoCredit

About MoLoCredit

MoLoCredit is Côte d'Ivoire’s go-to loan app, offering quick, reliable access to cash anytime. Easily apply for loans with fast approval and flexible repayment options. Whether for emergencies, business needs, or personal needs, MoLoCredit provides secure and hassle-free financial solutions. Download now and get the cash you need instantly!

Product Features:
- Loan Amount: up to XOF 210,000
- Loan Term: 91 days to 365 days
- Service Fee: 5%
- Maximum Annual Percentage Rate (APR): 25%
- Value Added Tax: 18% of the Service Fee

Example:
If the loan amount is XOF 210,000 and the APR is 16% per annum with a tenure of 365 days, and the service fee is 5%:

- Daily interest rate = 16% / 365 = 0.044%
- Interest for 365 days = XOF 210,000 * 0.044% * 365 = XOF 33,726
- Service fee = XOF 210,000 * 5% = XOF 10,500
- Value Added Tax = XOF 10,500 * 18% = XOF 1,890

You will receive XOF 210,000 and should repay XOF 256,116 (210,000 + 33,726 + 10,500 + 1,890).

Eligibility Criteria:
1. Aged between 18-65 years old
2. Côte d'Ivoire citizen
3. Regular source of income


Contact Us:
- Customer Service Email: [email protected]
- Address: Boulevard de la République, Abidjan, Côte d'Ivoire