Mobile Money Loans In Ghana and How To Apply. Up to GHC 1000.

List of Mobile Money Loans In Ghana

You can now apply for mobile money loans in Ghana from the comfort of your home

Are you in need of quick and instant loan? Do you need a loan to pay your fees, start a business or for upkeep? This article is for you.

The introduction of mobile money has really help Ghanaians to transact money easily and conveniently.

In this post I touched on the mobile money loans in Ghana and how to easily get them.

You can get up to a tune of GHC 1000 by using your MTN Mobile Money, Vodafone Cash, AirtelTigo Cast etc.

However, note that you’ll be charged a little interest during repayment period.

Below is the list of all the Mobile Money Loans available in Ghana at the moment. It is arranged in no order.

Before I list the examples of the instant mobile money you should note the tips below to ensure you’re safe and free from scam.

  • Carefully read the terms and conditions of the lender before going in for a loan.
  • Don’t opt for loan if it feels too good to be true.
  • Check their loan packages and ensure you’re okay.
  • Ask for their interest rate
  • Do they require a collateral? Ask them


READ ALSO  What is the MTN Mobile Money Code?

After noting all the above you’re confident to go ahead and apply for your loan. Check the mobile money loans examples in Ghana.

List of Mobile Money Lending Services in Ghana

  1. MTN Qwikloan.

One of the most popular mobile money loans now. It was introduced by afb Bank in collaboration with MTN Mobile Money. In October 2018, the afb Bank announced the achievement of a million qwikloan customers.

MTN Quick loan gives up to a thousand Ghana Cedis to borrowers (GHC 1000). To apply for mtn qwikloan, follow the steps below.

Get an MTN Mobile money SIM card

Dial *170#

Enter Option 6 – Savings and loans

Enter option 2 – Qwikloan

Enter option 1 – Get loan

Enter your mobile money number to proceed.

The amount available will be displayed to you.

Choose you preferred one and click ok.

You’ve successfully applied for MTN Qwikloan. Wait for confirmation and instant payment into your mobile money account.

For more information – questions and answers, inquiries, tips and tricks about MTN Quickloan click the link below.


  1. Fido Money Lending

A financial institution in Dzorwolo, Accra that gives instant mobile money loans to applicants no matter your location in Ghana. Fido money lending gives loans up to about GHC 300 and gives a maximum of 30 days to make payment.

Fido is gradually gaining grounds in the mobile money lending service in Ghana. Getting a mobile money loan in Ghana is much easier with FIDO.

All you have to do is to download the Fido money app from the Google Play store, Install it, Register, Fill in your details and you get paid.

You’re required to provide the details of your voter’s ID card during the registration process.

Note that failure to repay the loan on time may attract some penalty or the company may take legal action against you.


  1. Paylater

Get loans from your phone, anytime within minutes using the paylater app.

Paylater is a digital financial service platform that specializes in consumer lending.

They have branches in both Ghana, Nigeria, South Africa and Portugal.

Paylater has been providing credit in West Africa for over 6 years. It is therefore the oldest mobile money loan provider in West Africa.

To get a loan from Paylater follow the steps below.

Download and install the Paylater app from Google Play Store

Register and fill in all the necessary details.

You’ll loan application will go under review within few minutes

Once confirmed, you’ll be credited with the amount you applied for to your mobile money account.

Try Paylater now.


READ ALSO  What is the MTN Mobile Money Code?

I am glad you know the mobile money loans in Ghana now and how to apply. Go get that money now. its within your reach.

Thanks for reading. Share this to all your friends who need mobile money loans to sort themselves out.

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Mobile Money Loans In Ghana | 2019 Guide
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Mobile Money Loans In Ghana | 2019 Guide
Mobile money loans are common in Ghana now. Are you in need of quick and instant loan? Do you need a loan to pay your fees, start a business or for upkeep?
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Pc Boss

I publish articles about everyday tech, gives tutorials on web design and more. I've designed 1001 websites and counting. Get in touch with me on social media via pcbossonlie.

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