When it comes to the best loan apps in Ghana, there are several reliable and reputable instant loan apps that can provide you with the funds you need in no time. Applying for a loan through these online lending apps is simple and convenient, allowing you to access quick cash without any hassle.
To get started, all you need to do is install one of the various credible lending apps in Ghana of your choice, register an account, and complete the application process. You’ll be asked to provide your desired account number for the loan disbursement.
Once your loan is approved, the funds will be directly deposited into your account, enabling you to address your financial needs promptly. These lending apps offer seamless loans with convenient repayment plans, ensuring a smooth borrowing experience.
Best 8 Loan App in Ghana in 2023
Some of the best loan apps in Ghana which are equally the fastest instant online loan applications in Ghana include Carbon App, Fido App, FairMoney App, Oze SME Loan App, LendingPapa App, Pezesha Loan App, SikaPurse App, RapidCedi and Zidisha loan application.
1. Carbon Loan App
Carbon, formerly called Paylater is one of the best loan app in Ghana popular for offering loans within minutes of application. With its user-friendly interface and unique features, Carbon provides a convenient borrowing experience for its customers.
In addition to personal loan through instant loan applications in Ghana, Carbon also provides business loans in without the need for collateral. With its range of offerings and quick loan approval process, Carbon is a trusted choice for obtaining fast and hassle-free loans.
The app offers quick and instant loans without collateral, guarantors, or paperwork Paying your loan on time can get you a higher amount. The loan duration is between 15 to 30 days.. The platform is available night and day and you can apply for instant cash on weekends and holidays and get your loan approved.
Carbon loan amounts range from Gh₵ 100 to Gh₵ 5,000 with interest rate from 2% to 20% depending on the loan repayment period. It has a monthly payment period ranging from 1 to 12 months depending on the loan amount.
2. Fido Loan App
The Fido loan app is one of the best loan apps in Ghana. With the Fido loan app, you can apply for online instant loans in Ghana without collateral. The company is licensed by the Bank of Ghana. The Fido loan app does not also require guarantor, document or application fees.
Administered by Fido Micro Credit, a trusted banking organization based in Accra, Fido Loans offers lending application services without collateral or guarantors. With just a valid ID and a mobile money account, you can easily access loans through their app.
First-time customers can borrow up to 200 Ghana Cedis, with repayment terms ranging from 10 to 33 days. What’s interesting is that as you borrow and repay on time, your credit score improves, enabling you to access larger loans at lower interest rates. Interest rate is set to 0.266% per day and decreases with good repayment behaviour. On a monthly basis for new borrowers, interest rates start at 14% and can go as low as 8%.
3. Fairmoney Loan App
One of the best loan apps in Ghana for online loan application is Fairmoney application. The platform offers instant and quick loans which you can use for various purposes ranging from health emergencies, rental payments, to other personal needs.
FairMoney Microfinance Bank as a leading provider of quick loans and instant loan apps in Ghana, offers flexible loan options without the need for collateral or documents. Whether you need funds for medical emergencies, rental payments, salary advances, or personal needs, FairMoney has you covered.
The loan is 100% online, with no collateral or documents required to apply. Customers of FairMoney are in excess of 5 million on Google Play Store alone. Loan tenor ranges from 2 to 18 months at monthly interest rates from 2.5% to 30% (APRs from 30% to 260%).
4. Oze SME Loan App
The Oze SME loan application is one of the best loan apps in Ghana offering affordable interest rates for business owners to finance their businesses. The company operates in partnership with other fintech companies to provide loans to business owners. Their interest rate is as low as 3% for qualified periods.
Oze, an instant loan organization provides customers with access to loans of up to 30,000 Ghana Cedis at a monthly interest rate as low as 3% on the borrowed amount.
These loans can be repaid in manageable installments over a 12-month period. To be eligible for an Oze loan, applicants must be active users of the Oze Business App for a minimum of 30 days. Once the 30-day period is met, users can conveniently apply for an Oze loan directly through the Oze Business App.
5. LendingPapa Loan App
The LendinPapa loan App is one of the top online loan apps in Ghana. First-time lenders can access as much as 100 GHC while loyal customers can access loans in the excess of 5,000 GHC. The interest rate starts from 8% to 22% per annum.
To access a loan, simply download the LendingPapa mobile app from the Google play store, fill out the brief application form with some basic personal information and upload valid credentials like National ID, bank statements, and passport photograph.
Once approved, funds are typically received within 5 minutes. Loan repayment if done on or before the due date can increase your chances of receiving a higher loan amount and lower interest rate in future request.
6. Qwik Loan By MTN
MTN Qwik Loan is your go-to financial service for quick online loan application in Ghana. As an MTN MoMo member, you can enjoy the convenience of short-term, unsecured loans directly deposited into your MTN Mobile Money wallet within 5 minutes of applying.
With Qwik Loan, you can access up to 1,000 Ghanaian cedis at a low interest rate of just 6.9%. Applying for a loan is a breeze, as you only need your cell phone without the requirement of a bank account or savings. Plus, timely repayment can boost your credit limit, granting you continuous access to the service. Experience the speed and accessibility of Qwik Loan today.
To apply for an MTN Qwik Loan, follow these simple steps:
- Dial *170# on your MTN SIM card.
- Select option 5 for Financial Services.
- Choose option 3 for Loans.
- Select QWIKLOAN.
- Finally, select option 1 to get a loan.
7. Pezesha Loan App
Pezesha loan app grants one of the best online loan app services in Ghana for business people. You can access a credit facility for as high as 6,000 GHC for your business. They also offer affordable interest rates at 5%-8% monthly.
To borrow an instant loan from Pezesha Loan App, simply download and install the Pezesha business app on your smartphone, register an account. and fill out basic information and submit. Then link your bank account and apply for a loan online.
You will be offered a mobile loan if you qualify based on your credit risk. Once you accept, your loan funds can be deposited into your associated bank account in few minutes
8. SikaPurse Loan App
The SikaPurse quick online loan app is a free business and productivity app developed by sikapurse. With this mobile application, you can access various loan products in Ghana, including online, super, and better loans. This loan app is one of the most popular instant loan apps in Ghana.
SikaPurse lending application offers fast mobile loan ranging from ¢2,000 GHS to ¢5,000, catering to the urgent financial needs of its users. The repayment terms for these loans are flexible and determined based on the individual’s circumstances. The loan interest ranges between 8% and 25% per annum.
To borrow from the SikaPurse Loan App, simply download and install the app on your smartphone, register an account, fill out the required basic information, and submit your application. Once approved, you will receive your loan directly into your bank account.
RapidCedi ois one of the leading instant loan apps in Ghana giving borrowers’ access to loans of up to GHC 6,000. RapidCedi doesn’t request collateral before you get your loan approved. All you need to do is to create an account, confirm your identity, fill out the application form and submit it.
Being one of the best loan applications in Ghana and offering a competitive but low-interest rate and loan amount ranging between GHS 500 and GHS 6,000, you can get a quick disbursal within 1 hour. And most importantly, you can get mobile loan from RapidCedi from anywhere.
10. Zidisha Loan App
The Zidsha loan app is one of the best lending apps in Ghana. With the Zidisha loan app, you can borrow as high as 4,153,730 GHC without collateral. Interestingly, borrowers pay no interest charges on Zidisha loans, however, you will have to pay a service fee of 5% of the loan amount to cover the cost of transferring and administering the loan.
Additionally, members who do not have an invitation from an existing Zidisha member usually pay a one-time membership payment of 3,000 GHC. This is usually to cover the cost of a credit bureau and background check.
11. Bloomkash Loan App
Bloomkash is the last on our list of the best loan apps in Ghana. The application provides mobile lending opportunities for customers and borrowers at the comfort of their rooms.
You can access as much as 1,000 GHC without collateral. First-time lenders can access as much as 65 GHC. The company also offers a daily interest rate between 0.1% to 1%.
12. Branch Loan App
Branch instant loan application is one of the best solution for quick and instant lending in Ghana. With Branch, you can enjoy fast loans with no collateral or paperwork hassle. The app is accessible round the clock, ensuring loans are available whenever and wherever you need them.
You can unlock bigger loan amounts by repaying your outstanding loans on time, building your creditworthiness along the way. The loan application process is swift, and once you meet the requirements, funds will be disbursed directly into your wallet without delay. With Branch, customers are promised a great experience and efficiency for all their borrowing needs in Ghana.
Quick Loan Apps in Ghana
Some of the fastest loan apps in Ghana include RapidCedi, Branch Loan App, Fairmoney, Oze SME Loan, Carbon, Fido Loans, Qwik Loan by MTN, and SkiaPurse. Each app offers unique features and benefits, such as high loan amounts, competitive interest rates, and flexible repayment options.
Quick Loans in Ghana Without Collateral
Some of the quick loan apps in Ghana without collateral include RapidCedi, Branch Loan App, Fairmoney, Oze SME Loan, Carbon, Fido Loans, Qwik Loan by MTN, and SkiaPurse.
With just a few simple steps, you can apply for a loan through these apps and receive the funds directly into your bank account. No lengthy paperwork or collateral requirements are involved, making the process efficient and convenient.
Easy Loans in Ghana
With fww and seamless application process, the easy loans in Ghana include RapidCedi, Branch Loan App, Fairmoney, Oze SME Loan, Carbon, Fido Loans, Qwik Loan by MTN.
Whether you’re facing unexpected expenses, covering medical bills, or looking for business financing, these easy loan platforms in Ghana listed above have got you covered. With competitive interest rates, flexible repayment terms, and quick approval processes, they offer a seamless borrowing experience for individuals and businesses alike.
Instant Loan in Ghana
A few of the most commonly used instant loan applications in Ghana are RapidCedi, Branch Loan App, Fairmoney, Oze SME Loan, Carbon, Fido Loans and Qwik Loan by MTN.
Instant Loan Accra
When it comes to obtaining instant loans in Accra, there are several reliable platforms and apps available that provide quick and convenient access to funds.
Whether you’re facing an unexpected expense or need immediate cash for personal or business needs, RapidCedi, Branch Loan App, Fairmoney, Oze SME Loan, Carbon, Fido Loans and Qwik Loan by MTN can help you secure an instant loan in Accra without the hassle of lengthy application processes or collateral requirements.
Instant loan apps in Ghana 2023
Some of the best instant loan application in Ghana for quick funds are CediHelp, Payday Advance – Borrow Money, GhLending, CashTree – Instant Ghana Loan, Timiza, Instant Loan Installment Loans and Payday Loans Borrow money App
Online loan apps in Ghana 2023
The best ONLINE loan apps in Ghana enable Ghanaians to easily borrow loans any time of the day from the comfort of their homes or any other place. They include Fido loan app, RapidCedi, GhLending, CediHelp and CUDLoan
Lending Apps in Ghana 2023
With the best lending applications in Ghana, you can easily use your smartphone to access quick and instant loan without having to go through traditional banking queues and processes. Such quick apps include Fido loan app, RapidCedi, GhLending, CediHelp and CUDLoan.
Mobile loan app in Ghana
Mobile loan apps which enable fast and easy loan application process in Ghana include
I need a Loan Urgently in Ghana
If you find yourself in urgent need of a loan in Ghana, there are several reliable options available to assist you. These loan apps and platforms offer a quick and convenient way to access funds to address your financial needs promptly.
With apps like RapidCedi, Branch Loan App, Fairmoney, Oze SME Loan, Carbon, Fido Loans, Qwik Loan by MTN, and SkiaPurse, you can easily apply for a loan and receive the funds within a short period of time. The application process is straightforward, requiring you to download the app, register an account, and provide the necessary information.
I need a Quick Loan
When you’re in need of a quick loan, there are several reliable options available to help you access the funds you require in a timely manner. Whether you’re facing unexpected expenses, financial emergencies, or simply need some extra cash, these options can provide you with the quick financial assistance you need.
One convenient solution is to explore the various loan apps and platforms that offer quick loan services. These apps have revolutionized the lending process, making it easier and faster than ever to apply and receive a loan. With just a few simple steps, such as downloading the app, registering an account, and completing the application, you can quickly submit your loan request.
Are these loan apps available for Android users as well?
Yes, most of the loan apps mentioned in this article are available for both iPhone and Android users, ensuring accessibility to a wider audience.
What are the eligibility criteria for obtaining a loan through instant loan apps in Ghana?
The eligibility criteria may vary depending on the app and the loan provider. Generally, you will need to be a Ghanaian citizen or resident, have a valid identification document, be of legal age, and meet certain income requirements.
How long does it take to get approval and disbursement through Ghana online loan applications in 2023?
The loan approval and disbursement time can vary from app to app. However, these loan apps are known for their quick and efficient processes, and in many cases, you can receive approval and funds within a few hours.
Can I apply for multiple loans simultaneously using mobile apps in Ghana?
While it is possible to apply for multiple loans, it is essential to borrow responsibly from the best loan applications in Ghana and consider your repayment capabilities. Applying for multiple loans simultaneously may affect your creditworthiness and increase your financial burden.
Are these the best loan apps in Ghana? Are they safe and secure to use?
Yes, these are the best loan apps in Ghana. The platforms prioritize user data security and employ encryption protocols to safeguard personal and financial information. However, it is always recommended to read the app’s terms and conditions and ensure you are comfortable with their privacy and security measures.
When it comes to quick loans in Ghana, there are several reliable apps available that offer convenient and hassle-free borrowing experiences. With options like RapidCedi, Branch Loan App, Fairmoney, Oze SME Loan, Carbon, Fido Loans, Qwik Loan by MTN, and SkiaPurse, you can access funds without collateral or lengthy paperwork. Simply download the app, register, and apply for a loan to address your financial needs promptly.