- When, anywhere
- Zero app fees
- Zero equity
- No guarantors
- Zero wahala!
About All of us
Fido Mini Borrowing (FIDO) is a lender located in Accra, Ghana and you can authorized by Bank off Ghana. FIDO will bring actually quite easy short-identity financing, titled FIDO Financing. The users can use to own an effective FIDO Financing directly from the very own mobile device and you may receive a credit choice within a few minutes. The mortgage is present in order to writers and singers, small enterpreneus and you will SMEs to expand the businesses. Simply a-one-big date verification of ID and you may cellular money account becomes necessary in advance of disbursement of your own currency. No collateral or guarantors are needed.
Is actually FIDO subscribed to provide finance inside the Ghana? Sure. FIDO was licensed because of the Bank off Ghana to incorporate finance. What are the fees to make use of Fido? There are not any Initial Fees for making use of the fresh new FIDO cellular software otherwise making an application for a FIDO Financing. I costs a handling percentage in fact it is uncovered with the consumer before accepting financing, and tend to be paid down merely once you get the money, if your loan flow from having installment. Exactly what can I use the newest FIDO Loan to possess? Consumers are able to use the new finance to expand the small businesses. Money shouldn’t be useful for unlawful activities Exactly what are the qualification criteria? So you’re able to qualify for a FIDO Loan, you want a valid ID and you may Mobile Currency.
- ID Method of: https://paydayloanexpert.net/title-loans-md/ License, NHIA Subscription, Voter ID, National ID otherwise Passport
- Mobile Money membership: MTN Cellular Currency or AirtelTigo Currency entered on your term having about two months.
You must be a resident in the Ghana over 18 years of age. Exactly how much is the interest rate? The interest pricing for brand new users start at fourteen% to have thirty days, the interest count are shown about app before applying. Going back users having good reputation for investing the fund which have Fido punctually get better rate of interest on coming fund, a minimal rate of interest was 8% getting 1 month. Just how long can it shot agree my consult? In one single moment once submission, a credit choice might be found on the display.
FIDO software assesses for each loan application and you will set-aside the ability to deny specific software. The choice can not be corrected therefore can simply recommend you to make use of once again immediately following 14 days. My request try recognized. Precisely what do I must perform 2nd? Delight realize very carefully the latest tips shown about software when the loan has been accepted. The latest recommendations have a tendency to sometimes tell you to help you agree the borrowed funds arrangement from inside the app to do the process, or check out a part to own operating. Excite understand the Get in touch with part to possess beginning times and you can guidelines in order to all of our department. Where and when usually my personal FIDO Financing be paid? After totally doing the process, the loan is settled quickly. We’ll inform you by the Texts of one’s transfer. How will i repay the fresh new FIDO Financing? When the financing will get due, you will need to import the money from your own wallet adopting the procedure below. To pay which have bucks, you can check out one Zenith lender department and you may deposit so you’re able to FIDO’s account. Make sure to use the client ID having payment. What happens basically cannot pay-off the new FIDO Financing to your-date? Delight call us which have one situations related to new repayment out of your own FIDO Mortgage. Customers will be energized more punishment to have later repayments. Fido supplies the authority to need any suit to recover a good expense and you will declaration unpaid individuals towards appropriate companies and you will/or government. What is the minute/max loan amount? First-time borrowers qualify to possess all in all, 200 GHC becoming paid contained in this 10 to 33 months. The mortgage identity have to be chosen throughout the software when applying.
Paying your loan punctually will bring you a high count and you can reduced attract because you go up the steps as much as good restriction out of 1000 GHS.