Masters
- Prompt
- Simple
- Safe
- Whenever, anywhere
- No software charges
- No collateral
- No guarantors
- Zero wahala!
Regarding the You
Fido Mini Borrowing (FIDO) are a lending institution located in Accra, Ghana and you may signed up of the Financial off Ghana. FIDO will bring without headaches quick-identity fund, titled FIDO Loans. The consumers can put on to own a beneficial FIDO Financing right from its very own mobile device and you can located a card choice within a few minutes. The borrowed funds exists to help you artists, micro enterpreneus and you will SMEs to enhance their organizations. Just a single-time verification out-of ID and you may mobile currency membership is required ahead of disbursement of the money. No equity or guarantors are expected.
Frequently asked questions
Is actually FIDO authorized to include finance when you look at the Ghana? Sure. FIDO was licensed of the Bank from Ghana to add financing. Which are the charge to use Fido? There aren’t any Upfront Fees for making use of the newest FIDO cellular software otherwise obtaining an effective FIDO Loan. We charge a running percentage and that’s disclosed into the customers in advance of accepting a loan, and are generally paid down just once you ensure you get your currency, in case your loan is born for installment. So what can I prefer the fresh FIDO Loan to have? Customers may use the latest funds to grow its small enterprises. Fund should not be used in illegal products Exactly what are the eligibility criteria? So you’re able to qualify for an excellent FIDO Financing, you would like a legitimate ID and you will Mobile Money.
- ID Type: Driver’s license, NHIA Subscription, Voter ID, National ID or Passport
- Cellular Currency membership: MTN Mobile Currency otherwise AirtelTigo Currency joined in your label to possess at the least two months.
You truly must be a citizen into the Ghana more 18 many years of ages. How much is the rate of interest? The interest costs for brand new consumers start during the fourteen% to possess thirty days, the interest amount is actually demonstrated in the software before applying. Going back consumers that have a reputation of expenses the finance having Fido punctually advance rate of interest with the coming financing, a decreased interest rate is actually 8% having 30 days. Just how long can it try agree my personal consult? In a single minute just after submitting, a card choice might be revealed into display screen.
FIDO app assesses for each and every application for the loan and reserve the legal right to refute specific programs. The selection can’t be corrected and we can just only highly recommend you to put on once again immediately following 14 days. My personal consult are recognized. What do I must perform second? Delight realize very carefully the newest recommendations demonstrated from the software if loan has been accepted. The brand new information tend to either tell you so you’re able to approve the mortgage agreement inside software to do the method, otherwise check out a branch having handling. Excite comprehend the Contact part to possess beginning period and you can tips to help you the branch. Where and when have a tendency to my personal FIDO Financing be paid? Once totally finishing the process, the loan try settled immediately. We’re going to let you know of the Texting of one’s transfer. How will i pay off the latest FIDO Financing? In the event that mortgage becomes due, you’ll have to transfer the money out of your bag pursuing the techniques lower than. To expend having cash, you can visit one Zenith bank branch and you will put in order to FIDO’s membership. Be sure to always use the consumer ID to own fee. What will happen if i can’t repay https://paydayloansexpert.com/title-loans-or/ the new FIDO Mortgage on-time? Delight contact us which have one activities connected with the newest installment out of your FIDO Loan. People is energized most charges having late money. Fido reserves the right to just take any suit to recuperate a great bills and you can report outstanding borrowers to the compatible businesses and you can/or bodies. What’s the minute/maximum loan amount? First-time consumers meet the requirements to own all in all, 2 hundred GHC to-be paid back in this 10 so you’re able to 33 weeks. The borrowed funds term need to be chosen about software whenever using.
Investing the loan on time will bring you a higher matter and you will faster attract because you go the latest steps doing an excellent limitation off a lot of GHS.