Telecom Loans

Airtel Quick Loans

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Quick loans is service by Airtel Money and Housing Finance Bank, which enables customers to complete their transactions when then have insufficient funds in their account.

  • You have access to a short-term credit facility. You can see how much you qualify for by checking your credit limit on the menu.
  • You have 15 days to make payment
  • You may access funds multiple times as long as you are within your Quick limit.
  • To make payment, simply go to the Quick menu and transfer funds from your Airtel Money account.
  • You will need to be an active Airtel Money customer for six months and had at least one Airtel money transaction every month for the past six months. Customers will also need to have paid up any other loans taken through Airtel Money.

  • An Application Fee of 2% of the Facility
  • A Daily Interest Rate of 1% per day of the facility for each day your Facility remains unpaid during the Facility Term (15 days)

Wesotinge with MoMo

We aim to empower our customers by providing instant, affordable, collateral-free loans

MoKash Loans

·        Get between UGX 3,000 and UGX 1,000,000.

·        Loan is valid for 30 days.

·        9% facility fee.

·        9% late fee.

MoPesa Loans

·        Get between UGX 5,000 and UGX 3,000,000.

·        3-day loan – 2.5% access fee (2.5% rollover interest)

·        7-day loan – 5% access fee (2% rollover interest)

·        14-day loan – 7% access fee (3% rollover interest)

·        30-day loan – 9% access fee (9% rollover interest)

MoSente

·        Get from as low as UGX 1,000.

·        14-day loan at 7.5% facility fee (12.5% penalty fee).

·        30-day loan at 8.75% facility fee (12.5% penalty fee).

XtraCash Loans

·        Get between UGX 1,500 and UGX 900,000.

·        Any-day loan at 8% access fee (0.33% daily interest).

·        7-day loan at 6% access fee (no daily interest).

·        28-day loan at 9% access fee (no daily interest).

·        Overdue fees at 9% on the any-day and 28-day loan options.

·        Overdue fees for the 7-day loan at 0.33% daily after 30 days.

MoMo Advance

·        Get a loan between UGX 5,000 and UGX 150,000.

·        2.7% access fee.

·        0.5% interest after 24-hours