Loans are offered to help people in their financial struggles at a specific point. Loans really help citizens in any country.
There are several ways to get a loan in Ghana. Banks in Ghana have over the years, secured loans to business men and women, salary workers, and offered personal loans to people to help them in their needs.
With the advent of mobile money networks by telecommunication companies like MTN , Vodafone, AirteTigo, Glo among others, instant loans have become a sort after for citizens in any country especially my country Ghana.
I have personally secured a loan from Absa Bank Ghana and it really helped me in times of my financial struggle. I needed it urgently and it was fast. Other banks also help people each and everyday.
MTN Mobile Money introduced their Mobile Money platform some years ago and it is now the biggest mobile banking platform in Ghana. This has resulted in other telecommunication networks like Vodafone, AirteTigo and Glo coming up with their own platforms namely Vodafone Cash, AirteTigo Money, and Glo Cash simultaneously. Mobile money platforms have recently introduced instant loans on the platform and it really helping the finances of people. The following are ways some of the instant loans that you can access in Ghana.
MTN Mobile Money- is the oldest mobile money platform and they introduced their loan system two years ago. I have been a beneficiary ever since. From the start,you can take at least 200 cedis and repay in 30days. As you keep being honest and consistent with your repayment, your intake amount increases and it comes to a point where you can even withdraw one thousand cedis. To register for a loan, dial *170# and select financial services, then Loans and follow the rest of the instructions.
Vodafone Cash- Vodafone Cash by Vodafone Network recently launched its loan called the Ready Loan supported by CBG Ghana Ltd. To register for Ready Loan, dial *170# , choose Financial services and select Loans, and follow the instructions.
Aside MTN Mobile Money, there are other apps that you can use to request for an instant loan. The most popular and utilized one is FIDO Money.
FIDO Money is a lending company in Ghana which offers personal loans to people and it is instant. You just need an Android phone and the right requirements fulfilled. I have personally accessed their loans before and they are very reliable. Your first loan will be no more than 200 cedis but as you keep paying in time, your threshold will keep increasing as you keep borrowing. Fido Money is also a reliable instant loan giver so you can try them.
GCB Salary Loans – Ghana Commercial Bank’s Salary loans is one of the easiest and the best loan for government workers. They are currently running a promo and you get the money within 24 hours.
ABSA Bank Personal Loans – is also one of the easiest loans in Ghana. Once you fulfill all the requirements, you are good to go. You will get your money in a week or two.