It is not easy nowadays to get passive income and loans too. Especially as an entrepreneur , who is new to the business world or needs money for funding ones business or catering for your family. It is not easy to solicit for funds and expect one anytime sooner. This article set to depict 9 loan platforms apps which gives you the opportunity to take loan in Ghana with their interests rates and limits.
Table of Contents
1. Fido loan app
Fido allows you to request for loan up to 200ghc as a beginner who is soliciting for funds. They increase it after you pay for it and request for new one. Their interest rate is 0.266%. The interest rate changes depending on the amount taken.
2. Carbon loan app
For this app you don’t get access to much loan as a beginner. All you can get is 5ghc as a beginner but it increases after paying and requesting for different one. Interest rate is 5% per month. Their reason for offering such a small amount of money to a beginner is , a lot of people fails to pay the money after taken the loan. You just have to pay and they will increase it overtime.
3. Lending Papa loan app
This one gives you 100ghc as a starter and increase it to 5000ghc overtime. The interest rate is 8% to 22% per annum.
4. Zidisha loan app
This app gives you the opportunity to receive up to 153ghc to 730ghc as a starter. Interest rate is 5% per month.
5. Bloomkash loan app
It allows you to get up to 65ghc as a starter. After you make your payment then they increase it to 1000ghc. Interest rate is 0.1% per-day depending on the amount you took.
6. Sika Purse loan app.
This also gives you 1000ghc as a person who is new to their platform. Interest rate is 8% to 25% per annum. There is a lot to that , you can research more on their platform. That’s how they work.
7. OZE SME
This one focuses on helping entrepreneurs, business owners or anyone that is requesting for a loan, they are ready to look into your issues , work and give out a helping hand. Interest rate is 3%
8. MTN Quick loan
This is a biggest platform for all. And it has been existence for long and had helped a lot. Initial amount given is 50ghc for starters. Interest rate is 6.9% per month. It increase overtime when you pay your initial loan and request for new one.
9. Pezesha Loan app
This gives you access to a loan up to 6000ghc. Just look up to the amount that will help you and sook for it. Interest rate is 5% to 8% monthly.
When applying for a loan on this platforms, make sure to verify whether these platforms follows the Bank of Ghana rules and regulations governing loans and its detailed explanation before attempting to get loan or it can lead to your account getting blocked without getting access to the money.
With this loan apps you don’t need a guarantor or collateral, just apply and get your loan instantly. When you request for a loan make sure to settle it with the interest attached.
This is not a financial advice, is just for information purposes. Make sure to conduct personal research or contact a financial expert on it.
