Online loans in Ghana without the need for collateral have become a very important solution to financial problems. This is because it provides a quick and accessible means of addressing their financial demands.
These loans are now prominent not only in Ghana but also in other countries within and outside Africa, due to their convenience. This content will talk about the top online loans in Ghana without collateral. Stay tuned to get to know them.
Overview of the Top 10 Online Loans in Ghana
- Zidisha Loan
- Fido Loan
- Lending Papa loan
- Bloomkash loan
- Sikapurse loan
- Oze SME
- MTN QWIK Loan
- Carbon loan
- Pezesha Loan
- Kiakia
Top 10 Online Loans in Ghana
1. Zidisha Loan
Maximum loan: Varies
Project funded: 301,720
Total members: $20, 461438
Total members: 429,614
Email address: [email protected]
Zidisha is an online micro-lending platform founded in 2009. It is a non-profit platform that links lenders with an entrepreneur in developing countries. This loan does not include collateral.
It was founded to give microloans to entrepreneurs in economically handicapped countries. It operated differently from the traditional microfinance institution. This is because it connects lenders to the receiver without any intermediaries between them.
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You can request a loan that ranges from GHC100 to your desired amount. It does not require any interest. However, it requires a Service charge of 5% of the loan amount of GHC40 as a membership fee for newbies.
2. Fido Loan
Maximum loan: GHC 3,000
Interest: Varies
Email address: [email protected]
Fido Loan is an online platform that gives loans to entrepreneurs in Ghana without any collateral. The details you will need to apply for this loan are your ID card, home address, and office address.
It has a mobile, which makes loaning easy and simple with the mobile app, you do not need to contact any microfinance institution and the money.
You can request a loan that ranges from GHC 200 to GHC 3,000. The loan is one at a time and you will not receive the money from any account; instead, it will be sent to your wallet. If you need a loan, a Fido loan is a perfect option for you.
3. Lending Papa loan
Maximum loan: GHC 5,000
Interest: 8%-22% per loan annum
Email address: [email protected]
Lending Papa Loan is an online platform that provides loans to individuals in Ghana. With this platform, you can request a loan anywhere in Ghana via their website or mobile app without going to any organization.
This loan does not require any prerequisite knowledge of computers. It is a non-collateral platform; all you need to do is register online or through the mobile app. After registration, submit your basic information and request for a loan. The amount you can request ranges from GHC 1,000 – GHC 5,000. The loan limit increases subsequently after repayment.
4. Bloomkash loan
Maximum loan: GHC 1,000
Interest: 0.1%-1%
Contact: +233307000566
Bloomkash Loan is an online platform that gives entrepreneurs loans without collateral. You can get up to $1,000 GHC on this platform, either online or through the mobile app. Lenders, for the first time, may obtain up to 65 GHC. Additionally, the organization provides a daily interest rate ranging from 0.1% to 1%.
If you require a loan, all you need to do is Firstly, download the mobile app and register, or register online. Fill in your details, such as your passport, national ID card, and bank statement. You will be able to receive the loan 5 minutes after approval of your registration. After receiving your loan, pay as early as possible to increase your limit. This is because your loan limit is highly dependent on the repayment time.
5. Sikapurse loan
Maximum loan: GHC 5,000
Interest: 8%-25%
Email address: [email protected]
Sikapurse Loan is an online platform that provides quick loans to entrepreneurs in Ghana. This platform makes loans easy, and it does not require any collateral. If you are a newbie on this platform, you can get a loan of GHC 2, 000. The maximum loan amount is GHC 5, 000, and the interest ranges from 8% to 25% per annum.
After researching the authenticity of this platform, if you want to use it, you need to download the mobile app, fill in the required details for registration, and submit. You can apply for a loan after registration approval. Your loan limit is highly dependent on repayment.
6. Oze SME
Maximum loan: GHC 10,000
Interest: 3% per month
Email address: [email protected]
Oze SME is one of the best online platforms that provides loans to entrepreneurs in Ghana. This platform offers loans without collateral, and the interest rate is 3%. Their partnership with other fintech companies makes loans easy.
If you are desperately in need of money to boost your business enterprise, all you need to do is, download the mobile app. After downloading the mobile app, fill in your details and submit for registration. The next step is to link your bank account to the platform. After that, you can request a loan and get your loan instantly.
7. MTN QWIK Loan Online Loans in Ghana
Maximum loan: GHC 1,000
Interest: 6.9% per month
Email address: [email protected]
MTN QWIK Loan is one of the best online platforms that gives loans to Ghanaian businesspeople without collateral. The loan amount ranges from GHC 50 to GHC 1,000. The interest is about 6.9% per year.
You can get an instant loan from this platform after downloading the mobile app, registering, and requesting a loan. This loan is one at a time, and your loan limit is dependent on the repayment time.
8. Carbon loan
Maximum loan: GHC 5,000
Interest: 5% per month
Email address: +233240108580
Carbon Loan is one of the leading online platforms that provides loans to individuals in Ghana without collateral. The interest ranges from 5% to 10%, depending on the amount. If you are a newbie, you can loan GHC 5. The repayment of the loan at the agreed-upon time will increase the loan time.
If you want to use this platform for the first time, you need to download the mobile app and register. The details required for registration are your ID card, passport, and bank statement. After registration, wait for approval. Upon approval, you can get a loan instantly.
9. Pezesha Loan
Maximum loan: GHS 6,000
Interest: 5%–8% per month
Email address: [email protected]
Pezesha Loan is one of the leading platforms that provides non-collateral loans for entrepreneurs in Ghana. The loan amount is high as GHC 6,000, and the interest ranges from 5% – 8% per month.
If you want to use this platform for the first time, download the mobile app. After downloading it, register and wait for approval. After the approval, you are liable to get a loan, depending on your credit risk.
10. Kiakia
Maximum loan: Varies
Interest: 5.6%-24%
Email address: [email protected]
One of the newest apps for mobile money lending in Ghana is called KiaKia. With one of the fastest application processes, you can find out your status in a matter of minutes. Furthermore, KiaKia offers short-term loans that are repayable quickly.
Conclusion on Online Loans in Ghana
In conclusion, online loan platforms that do not require collateral have contributed hugely to the financial resources of Ghana. You now know the top 10 online platforms that provide loans to Ghanaian entrepreneurs. If you want to get a loan on any of these top 10 online loans do not hesitate to get it now.
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