Are you looking for individuals who give loans in Ghana? Great! You have come to the right place. There are a lot of individuals who give loans in Ghana with or without collateral. Here, we are going to focus on both.
What do I need to apply for loans in Ghana?
- Must be a resident of Ghana
- Must be above the age of 18 at the time of application
- Must have a valid National ID (Voters, ECOWAS, Health Insurance, Driver's License)
- You must have a source of income
- Must be a government employee (In few cases)
List of individuals that give loans in Ghana
1. Izwe Savings and Loans
Izwe is a financial institution that gives personal and business loans to government employees.
Click here to apply Izwe loans application form
2. Bobby Charlton Loan Company
Address
No.1, Airport Residential Area, Opposite Shangri La Hotel, Kofi Annan St. Accra.
Contact - 0242174448
3. Golden Link Savings and Loans
It is one of the most popular loan institutions in Ghana. The company gives loans to individuals, salary workers, farmers, traders and many others.
Contacts
No. 2 North Street, Tesano
Phone number
+233(0)302223826 or +233(0)302223951
4. Bosea Micro Credit Enterprise
Bosea micro credit enterprise is another financial institution to get loan from
Address
Rawlings Circle - Opposite the Madina Polyclinic
Contacts+233(0)0302555014
5. Qwik Loan Ghana
Contact - 0265092006
6. Best Point Savings and Loans
Contacts
Old Peace FM Building, Achimota
info@bestpointgh.com
+233(0)303932990
7. Speedline Money Lending Services
Contacts
GQWQ+6W6, Derby Ave, Accra
+233(0)302-631-962 or 0570117799
Email: info@speedlinemicrocredit.com
8. ASA Savings and Loans
Contact - +233(0)302328405
9. Fido loan
Fido is one of the best platforms to borrow loan in Ghana. Fido provides fast, and easy short-term loans to its customers. The application process is easy and less stressful. You can receive up to GHS200 for your first loan.
How to Apply for Fido loan
- Download the app on Google Play Store and fill your details. Click here to install
- Enter the loan amount you need and confirm.
- If approved, you will receive the money instantly into your mobile money account
- The minimum and maximum repayment periods are 91 and 180 days respectively.
Fido loan application requirements
- A valid ID (ECOWAS card, Voters card, Passport and Driver's license)
- Mobile Money account registered in your name
- Be a resident of Ghana, and over 18 years of age
- 3. GhanaLending Loan
10. GhanaLending
GhanaLending loan app is one of the most common loan apps in Ghana. It has over 1000k downloads on Google Play Store with a positive review.
How to get loan on GhanaLending app
- Go to Google Play Store to download and install the app
- Register with your details (phone number, national id cards and residential address)
- Choose loan amount and apply
- When approved, the money will be disbursed to your mobile money account.
Loan terms is between 91 to 365 days. Loan ranges from GHS50 to GHS3,000
11. MetaLending app
Get your instant loans on MetaLending app. It is an instant app in Ghana which provides affordable loans to individuals and business owners in the country.
How to apply for MetaLending loan
- Download the app on Google Play Store
- Create your account by filling out the form
- Choose your loan amount and apply
- Receive your loan straight to your bank account
Try to repay on time to increase your loan limit
Eligibility
- Applicant must be a resident of Ghana
- Applicant must be 18+ years old
- Applicant must also indicate his/her source of income
12. SikaPurse loan
SikaPurse is an instant money lending app in Ghana launched in July, 2021. The app offers flexible loan products to its customers. You can get up to GH¢5,000 loan on SikaPurse.
How to get a loan on SikaPurse
- Download and install SikaPurse app
- Create your account
- Fill out basic information and submit
- Choose your loan amount and apply
- When approved, you will receive your loan straight into your bank account
- Repay your loan in time to avoid penalty
13. 4Cedi loan app
It is a loan app in Ghana that provides instant loans to individuals and small business owners.On 4Cedi loan, you can get a loan without collateral.
Eligibility
- Applicant must be a resident of Ghana
- He/She must be between 22 - 55 years of age
- Must have a national identification card (Voters, ECOWAS or Passport)
How to use the service
- Download the app on Google Play Store
- Register by filling out your personal information
- Ensure all your details are correct and accurate
- Enter your loan amount and submit
- Once the loan is approved, the money will be paid directly into your account.
14. Mpaso loan app
Mpaso loan app makes it easy for you to access loans anywhere and anytime with your smart phone. The loan is available in Ghana, Nigeria, Kenya and Tanzania. Loan amount ranges from GH¢400 - GH¢45,000.
How to get started
- Go to Google Play Store to download and install the app
- Create your Mpaso loan account
- Choose your loan amount and apply
- Once approved, your money will be paid to your account
Advantages of Mpaso Loan
- No paperwork, collateral or office visits needed
- No late or hidden charges
- You can get access to bigger loans with lower interest
- It is secure, reliable and flexible
15. Loan Supermarket app
Loan Supermarket is a a secure, reliable and quick loan app for government employees. The loan amount ranges from GH¢1,000 - GH¢5,000. Repayment period is between 6 to 72 months
Eligibility
- Applicant must be a resident of Ghana with a valid ECOWAS card (Loan Supermarket accept only ECOWAS card)
- Must be a government employee
- She/He must be 18 years old and above
How to apply for Loan Supermarket
- Download the app on Google Play Store
- Create your account and login
- Apply by selecting your preferred financial institution on loan Supermarket
- Once your application is approved, your money will be paid to your bank or mobile money account
Why should you choose Super Market loan app?
- No hidden fees
- No paperwork, loan agents and and impersonations of GoG employees
- You don't need to submit a manual loan form any longer
16. LoanClub
LoanClub offers instant money lending in Ghana. The application process is easy, quick and flexible.
Eligibility
- Must be a resident of Ghana
- Applicant must be above 21 years of age
- Must have monthly source of income
- He/She must also possess Identification card
How to Apply for LoanClub
- Go to Google Play Store to download the app
- Register and fill your personal information
- Upload your documents ( National ID, Address proof)
- Choose your loan amount and submit
- Wait for a couple of minutes for your feedback
17. Advans Ghana Savings
Another institution to apply for loan in Ghana is Advans Ghana. The company has branches in Greater Accra, Ashanti, Volta and Eastern region of Ghana.
Advans Ghana offers personal and business loans to individuals in Ghana.
18. Direct Savings and Loans Corporate Office
Another institution to get loan in Ghana is Direct Savings and Loans. The company provides banking services to micro, small and medium enterprises (MSMEs), traders and market women, salaried workers and self-employed.
Contacts
+233(0)303969550 or info@directgh.com
The above companies are some of the individuals that give loans in Ghana. There are other loan companies that have not yet been captured here.