MomoLoan - Fast Credit Loan

About MomoLoan - Fast Credit Loan

MomoLoan is an online secured lending app. Personal user can get cash loans from MomoLoan, fast and safely, without complicated process. MomoLoan offers the best service 24/7 at range GHS 100 to GHS 5,000, and 91 - 181 days loan products.

** What do you need?
* A valid Ghana National ID
* A mobile money account in your own name
* Be a resident of Ghana, over 18 years of age

**Steps to apply?
* Install the app
* Register with your mobile money phone number and fill in the necessary information
* Submit the application and get the loans straight to your mobile money account once approved.

** What we offer?
* Amount: GHS 100 - GHS 5,000
* Term: 91 - 181 days
* Interest: 0.07% per day (1.8% equivalent monthly interest rate only)
* Service Fee: 10% - 32% (Deductible)
* APR：35% - 56%

**Example,
*If you apply a loan of GHS 500 with a total repayment period of 91days (45 days 1st installment & 46 days 2nd installment) on Oct 1, 2022.
*You will get the loan amount GHS 500 on Oct 1, 2022.
*The 1st installment due date is Nov 15, 2022 with amount GHS 250, Interest GHS 7 and origination fees GHS 5, due repayment is 250+7+5= GHS 262
*The 2nd installment due date is Dec 30, 2022 with amount KSh 250, Interest GHS 3.5 and origination fees GHS 2.5, due repayment is 250+3.5+2.5=GHS 256
*The total repayment should be 1st installment due repayment GHS 262 + 2nd installment due repayment GHS 256 = GHS 518.


Contact Us：
E-mail: [email protected]
Address: Liberation Road, Accra, Ghana