MTN partnered with AFB Ghana, to provide customers with MTN loans, which is accessible to users who have actively transacted in their wallet beyond 90 days. Qwickloan, is an instant way to access cash at any time for any purpose and offers up to 1,000 Ghana Cedis. The loans have a 6.9% interest rate on the amount given. The “collateral” regarding this loan is frequent use of MTN Mobile Money as well as committing to repay previous loans on time in order to have access to more loans of larger sums. To access the loan, simply;
- Dial *170#
- Select option 5 -financial services
- Select option 3 – loans
- Select option 1 to register for free or option 2 to view terms and conditions