I am going to give you the complete list of mobile money loans in Ghana in 2021 and how to apply for each of them.

Mobile money loans in Ghana may be just what you need to get back on track when you’re in a financial crisis.

In this post, I will make known to you all the

  • individuals who give mobile money loans,
  • money lending apps available in Ghana
  • and how to access online loans with ease.

Do you need an urgent loan to start a business or to sort out things in the family?

You might be in need of a short term loan to buy something quick but don’t know where to head to.

The introduction of mobile money in Ghana has brought a great impact on the FinTech community.

It has also brought a lot of conveniences and discarded the stress that comes with transacting directly with the traditional banks.

You can do a lot with your mobile money wallet; apply and receive loans, pay bills, send and receive money, buy treasury bill, request for loan etc.

In previous posts I wrote about how to get GHC 1000 from MTN Qwikloan and also the newly introduced quick loan dubbed Xpress Loan.

However, this post covers all the mobile money loans, the online ones and those you can apply with just your mobile phone.


What is a mobile money Loan?

A mobile money loan is a loan that payment is disbursed to the applicant’s mobile money wallet after a successful application. The wallet could be MTN Mobile Money, Vodafone Cash or AirteTigo Cash.

Requirements for mobile money loans in Ghana

  1. A mobile phone
  2. A valid registered money mobile number (MTN Mobile money, Vodafone Cash and AirtelTigo cash)
  3. Must be actively using mobile money in the previous month.
  4. Internet Connection

List of Mobile Money Loans In Ghana.

  • Sika Purse

Download HERE.

  • LendingPapa

This is the newest addition to the Mobile money loans. Their app is available on the Google Playstore via the link below.

Download LendingPapa


  • Oze

OZÉ is on a mission to provide entrepreneurs and small business owners with the tools and resources they need to grow.

Aside providing business solutions to subscribers, the company offers soft loans to customers at a 12.5% interest rate.

You can get a loan sum of GHC 20.00 to GHC 1,500.00. Want to know how? Download the OZE app from the Google PlayStore.

  • Vodafone Ready Loan

This is the newest additions to the mobile money loans in Ghana. Like the MTN Quickloan, you have to be a registered Vodafone cash user to be able to apply for this loan. See the application process below.

  1. Dial *110#
  2. Choose option 5 (Financial Services)
  3. Choose option 3 (Loans)
  4. Select option 1 (Ready Loan)
  5. Choose option 2 (Ready Loan Request)
  6. select option 1 (Opt in)
  7. Enter your mobile money PIN to proceed.


  • afb SmartCash Mobile Loan.

This is an afb Ghana loan designed for traders and informal sector workers who need loan to buy stock for their business.

No matter how small your business is you can qualify for this loan.

After a successful application, you receive your loan within a 24 hour period on your mobile money wallet.

afb smartcash

How to apply.

You can apply directly online on the afb Bank website. A form will be provided for you to fill your details and submit. Also, you can download the afb mobile application from the Google Playstore to apply.

After a successful evaluation, the loan will be paid into your MoMo wallet in less than one day.



MTN QWIKLOAN (pronounced quick loan) is a service that offers MTN Mobile money subscribers the avenue to apply for a loan using their mobile money wallet.

This service was introduced by afb bank in collaboration with MTN Ghana

You can get up to a tone of a thousand Ghana Cedis (GHC 1000).

The minimum one can get in a GHC 50. To qualify for bigger loans, one must pay an outstanding loan balance on time.

MTN Qwikloan is by far the most popular amongst mobile money loans in Ghana.

How to apply for MTN Quick Loan.

Apply for MTN Qwkloan here.



Although similar to MTN Qwikloan, the Xpress Loan come with its own exciting features.

This loan service offers loans to selected MTN customers.

No savings or paperwork is needed, you get paid directly into your momo account. It is a collateral-free loan offered by MTN Ghana.





Fido loan lends money to mobile money subscribers across all networks. With Fido Loan, you don’t need collateral, no guarantors and no application fee of course.

You’re entitled to a loan amount of GHS 200 for your first loan.

To qualify for bigger loan amounts (up to GHS 1,000) you need to pay outstanding debts on time.

How to apply for FIDO Mobile Money Loan

  1. Download the free FIDO APP from the Google PlayStore
  2. Fill the loan application form in the app
  3. Wait patiently to receive your money into your wallet. It’s instant.

For more information, visit FIDOCREDIT.COM Or email [email protected]


Orbit gives quick mobile money loans to customers with terms and conditions. If you are unemployed in Ghana and needs some loan to get yourself going, then try orbit money lending. 

Call them now on 030 278 2900


MTN Ahomka Loan?

This loan service offers loans to selected MTN Customers who are in financial crisis and need some financial assistance to sort things out quick.

No savings or paperwork is needed, all you need is an active MTN MoMo account.


How to borrow money on Ahomka Loan?

Follow the steps below to get this loan

  1. Dial * 170#
  2. Choose option 5 (Financial Services)
  3. Choose option 3 (Loans)
  4. Choose option 3 (AhomkaLoan)
  5. Choose option 1 (Get a Loan)
  6. Enter your Mobile Money PIN number/code
  7. you’ll receive a notification of the status of loan application
  8. wait till loan amount is credited to your Mobile Money Account


How to easily get Mobile Money Loans

  • Frequently use your mobile money account for transactions.
  • Repay outstanding loan amounts on time.
  • Repay outstanding loan amounts before time.

Important Information.

Does AirtelTigo give loans to subscribers?

Answer: NO. However, you can get a loan on your wallet using the other mobile loan providers except qwikloan and xpress loan.


Vodafone Cash Loans.

I won’t recommend that you always take loan especially the unemployed. This is because repayment can sometimes be difficult.


I’m glad read to this point. Thanks for reading this article to the end. You can now go ahead and borrow money from any of the above mobile money lenders with ease.

Leave your views in the comment section. Thank you.


  • Francis Amoah Nuako

    Francis Amoah Nuako, professionally known as PC Boss, is a Ghanaian blogger and SEO expert. He is the founder of PC Boss Online, a tech blog that publishes technology-related articles primarily for Ghanaian audiences. He holds a Bachelor of Science in Nursing (BSc Nursing) and a Bachelor of Science in Information Technology (BSc Information Technology) from the University of Health and Allied Sciences and Ghana Communication Technology University, respectively.

Post update on January 27, 2022