Active Loan

Active Loan provides online personal loan services for eligible users in Ghana.

With Active Loan, users can apply for a personal loan from their phone and review the loan amount, repayment period, APR, applicable charges and repayment schedule before submitting a request.
Active Loan may help users manage short-term financial needs such as daily expenses, bills, business cash flow, education expenses or emergency spending. Loan approval and disbursement are subject to identity verification, credit assessment, user eligibility and payment channel processing.

Loan Information
- Loan amount: GHS 500 – GHS 6,000
- Repayment period: 91 – 240 days
- Maximum APR: 28%
- Final loan offer may vary based on credit assessment, user information and eligibility.

Representative Example
If you borrow GHS 1,500 for 120 days at an annual percentage rate of 28%:
- Principal: GHS 1,500
- Estimated interest: GHS 1,500 × 28% × 120 / 365 = GHS 139
- Total repayment: GHS 1,639
All applicable charges and repayment details will be displayed before you confirm your loan request.

How Active Loan Works
1. Create an account with your mobile number.
2. Complete identity verification and basic profile information.
3. Select your loan amount and repayment period.
4. Review your loan terms before submission.
5. Submit your request for assessment.
6. If approved, funds may be sent to your supported Ghana bank account or mobile money wallet.
Review and disbursement time may vary depending on verification results, payment channel processing and the information provided by the user.

Eligibility Requirements
To apply, you should:
- Be at least 18 years old.
- Be a Ghanaian citizen or legal resident.
- Hold a valid Ghana national ID or accepted identity document.
- Have an active Ghana mobile number.
- Have a supported bank account or mobile money wallet.
- Have a stable source of income.