mobile loans in ghana
mobile loans in ghana

Top 10 Best Instant Loan Apps In Ghana in 2023!

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instant loan apps in ghana
instant loan apps in ghana


Mobile loan apps are smartphone applications that offer quick and easy access to loans for individuals and businesses. These apps are designed to provide convenient and hassle-free access to credit without the need for collateral, lengthy application processes, or face-to-face interactions with lenders.

With mobile loan apps, users can apply for loans, submit documents, and receive funds directly to their mobile money wallets or bank accounts. The loan amounts vary from app to app and can range from small amounts as low as GHS 50 to larger sums of up to GHS 25,000.

Check out: Datescash reliable loan APP in Ghana – Borrow up to GHS 1000 in 2 minutes.

Mobile loan apps offer several benefits, including faster processing times, minimal paperwork, and access to loans even for individuals without a credit history. However, users should also be aware of the potential risks and disadvantages of using these apps, such as high-interest rates and fees, the risk of falling into debt, and the possibility of being scammed by fraudulent loan providers.

Overall, mobile loan apps in Ghana provide a convenient and accessible way for individuals and businesses to access credit, but it is important to exercise caution and carefully review the terms and conditions before applying for a loan.

Related: Topcedi Personal Online Loan App: Here’s how to get a loan in Ghana instantly.

mobile loans in ghana
mobile loans in ghana

The top 10 Best Money lending apps in Ghana in March 2023 Are:

  1. Fido Money Lending
  2. BayPort Loan
  3. HappyLoan
  4. GhLending
  5. Onloan
  6. CediHelp
  7. Robin Personal Loan
  8. LoanPro
  9. MobiLoan
  10. CediFie


  • MTN Qwikloan
  • AirtelTigo Money
  • Vodafone Ready Loan

Continue reading to learn more about how to borrow with these loan providers, their interest rates, loan amount, and More.

Fido Money Lending

Fido Micro Credit/Fido Mobile Loan is a Licensed Financial Institution in Ghana that seeks to provide fast and easy short-term loans.

Fido Gives a Minimum of Gh¢ 200 and a Maximum of Gh¢ 3,000 Loans to New Loanees and Loyal Borrowers Respectively.

Before one can apply for a Fido loan, he/she must have a valid ID (New and Old Voter’s ID, Driver’s license & Passport), a mobile money account registered in your own name, and must be a resident of Ghana, over 18 years of age.

Fido does accept MTN and Vodafone mobile money wallets.

How to apply for Fido Loan?

You can download the Fido Loan App from Google Play Store HERE. However, we have written a complete guide on how to successfully apply for FIDO LOAN HERE (CLICK TO FOLLOW)

Bayport Loan

The Bayport loan is available to every Government worker in Ghana, no matter what their current financial status is.

Without wasting much of your precious time, VISIT HERE to know how you can get this loan With just a “Call”.


Happyloan formally known as 4Cedi is an instant loan app, you can get a loan without collateral if you need it by filling in the correct personal information.

You should be a Citizen of Ghana and between the ages of 22 to 55.

Download the App and Apply for your loan HERE.


GhLending is an online lending app based in Ghana. It is a mobile credit cash loan app for finance.

The GhLending app is a premium financial app that helps gives users easy access to online loans with flexible terms.

Ghlending Loan amount ranges from GHS 100 to GHS 5000. You should know that, once you keep paying for your loan on time, you will be given a higher loan amount.

LEARN MORE About Ghlending HERE and How to apply HERE.


OnLoan is a mobile loan app that helps you get a personal loan online, where the money is sent to your MOMO Wallet or into your bank account almost instantly.

Onloan Loan Amount Ranges from GHS 100 – GHS 1,0000

OnLoan Loan Terms are: the shortest tenor is 91 days and the longest is 365 days- OnLoan Interest rate ranges from 12%-50%(APR)

LEARN MORE About Onloan and How To Apply HERE.


Cedihelp is an instant loan app, a fast and safe way of acquiring loans. With Cedihelp, you can get a loan without collateral.

With this app, all you need is to fill in your personal information. PS: Their services are only available to citizens over the age of 18 in Ghana.


Robin Personal Loan

Robin is a Ghanaian-based personal loan app that allows users to get loans in minutes.

The app is easy to use and offers competitive interest rates. It’s an app owned by Veedeep Financial Services Pvt Ltd.

Robin said and I quote “All loan applications are approved and sanctioned by BOG(Bank Of Ghana) and communicated upfront during Loan application.



I heard you ask, What is LoanPro? – Well, LoanPro is an Instant Mobile Loan App in Ghana that offers flexible Loan Products. i.e. Online Instant Loans in Ghana, Super Loan, and Better Loans.

LoanPro is a Product of Sikapurse, a leading Lending app in Ghana.



MobiLoan is a fintech platform that provides instant personal online loans to eligible Ghanaian customers.

MobiLoan aims to provide customers with high-quality loan products with reasonable interest rates and generous amounts. Allow households to enjoy convenient and fast loan services without leaving their homes.



CediFie belongs to CDF MICRO-CREDIT ENTERPRISE Company.

The company has a loan license issued by the Central Bank of Ghana.
CediFie has a simple yet easy-to-operate loan application process, which allows you to obtain a 100GHS~10000GHS loan in hours.

All operations are performed online without any collateral or physical meetings.


MTN Qwikloan

MTN Qwikloan is a mobile loan service offered by MTN Ghana to its subscribers. It is a quick and convenient loan service that allows MTN customers to access short-term loans through their mobile phones.

To access the Qwikloan service, customers must have an active MTN mobile number and must have been registered with the service for at least 90 days. Customers can then dial *170# on their mobile phone and follow the prompts to access the loan service.

The loan amounts offered by Qwikloan range from GHS 100 to GHS 1,000, and the repayment period is up to 30 days. The interest rate charged on the loan is competitive and depends on the loan amount and the repayment period.

To apply for a Qwikloan, customers must have a valid national ID card, a valid MTN mobile number, and an active MTN Mobile Money account. The loan application process is straightforward, and customers can receive the loan amount in their Mobile Money account within minutes of approval.

Overall, MTN Qwikloan is a convenient and accessible loan service that enables MTN Ghana customers to access short-term loans through their mobile phones at competitive interest rates.

Vodafone Ready Loan

Vodafone Ready Loan is a mobile loan service offered by Vodafone Ghana. It provides short-term loans to Vodafone customers who are in need of emergency cash. The loan is offered through Vodafone Cash, which is a mobile money service that enables customers to send and receive money, pay bills, and purchase airtime and data bundles using their mobile phones.

To apply for a Vodafone Ready Loan, customers must have a Vodafone Cash account and a valid national ID. The loan amount ranges from GHS 2 to GHS 1,000, and the repayment period is between 7 and 30 days, depending on the amount borrowed.

To qualify for a Vodafone Ready Loan, customers must have a good repayment history with Vodafone and meet the credit scoring criteria. Once approved, the loan amount is instantly credited to the customer’s Vodafone Cash account, which can be accessed through their mobile phone.

The loan amount and the interest rate are automatically deducted from the customer’s Vodafone Cash account when the loan matures. Vodafone Ready Loan is a convenient and accessible way for Vodafone customers in Ghana to access emergency cash when they need it.

AirtelTigo Money

AirtelTigo Money is a mobile money service offered by AirtelTigo, a telecommunications company operating in Ghana. It is a digital wallet that allows AirtelTigo customers to perform various financial transactions using their mobile phones.

With AirtelTigo Money, users can send and receive money, pay bills, purchase airtime and data bundles, and make online purchases. The service is available 24/7, and users can access it from anywhere with a mobile phone and an internet connection.

AirtelTigo Money is designed to be easy to use and secure, with features such as PIN protection and biometric authentication. Customers can also link their AirtelTigo Money account to their bank account or debit card to make transactions more convenient.

Overall, AirtelTigo Money is a convenient and accessible mobile money service that enables AirtelTigo customers to perform a range of financial transactions using their mobile phones.


Before you proceed with your loan application with any of the aforementioned loan service providers, I deem it necessary for you should be vividly aware of the merits and most importantly the demerits of these loan apps mentioned above.

Here are some advantages and disadvantages of mobile loan apps in Ghana:


  1. Convenience: Mobile loan apps are very convenient as users can apply for loans at any time and from anywhere using their mobile phones.
  2. Speed: Loan approval and disbursement are usually very fast, with some apps offering instant approval and disbursement.
  3. Accessibility: Mobile loan apps are accessible to a wide range of users, including those who do not have access to traditional banking services.
  4. Lower interest rates: Some mobile loan apps offer lower interest rates compared to traditional lenders, making them an attractive option for borrowers.
  5. Flexible repayment terms: Many mobile loan apps offer flexible repayment terms, allowing borrowers to repay their loans in installments that suit their financial situation.


  1. High-interest rates: While some mobile loan apps offer lower interest rates, others charge very high rates, making it difficult for borrowers to repay their loans.
  2. Hidden charges: Some mobile loan apps may have hidden charges that borrowers are not aware of, leading to unexpected costs and fees.
  3. Limited loan amounts: Many mobile loan apps offer small loan amounts, which may not be sufficient for borrowers with larger financial needs.
  4. Limited loan tenures: Loan tenures may be limited, with some mobile loan apps offering loans for only a few weeks or months.
  5. Risk of fraud: There is a risk of fraud with mobile loan apps, as some may be operated by fraudulent lenders who may misuse borrowers’ personal information.
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Frank Osei Nyarko, Well-known as Supremo DM is a Digital Marketer, Website Designer, Song Writer, and Tech Enthusiast. - Reach me via any of the mediums below if you've got business to discuss. Email: [email protected] Call/Whatsapp: +233 545 880 700 Facebook: Supremo DM General Twitter/Instagram: @_supremodm Cheers❤️🎉

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