Attention all Ugandan borrowers: forget about long queues and mountains of paperwork! The era of online lending has arrived in Uganda, bringing with it a whole new level of convenience and efficiency.
From peer-to-peer lending platforms to digital microfinance institutions, there’s no shortage of options when it comes to securing funds for your personal or business needs.
Join us as we dive into the exciting world of online lending companies in Uganda and discover how these fintech pioneers are making financial dreams come true with just a few clicks.
There are several online lending companies in Uganda that offer various loan services. Here are a few of them:
- Smart Loan Uganda Ltd: Smart Loan Uganda provides short-term loans with a focus on transparency and affordability. They treat each customer as an individual. Smart Loan Uganda Ltd
- Fido Uganda: Fido is a fintech company that offers online loans through a mobile app. They have a presence in Ghana, Uganda, South Africa, and Israel. Fido Uganda
- Unifi: Unifi is a relatively new unsecured lender in Uganda, but they have been serving clients across Sub-Saharan Africa since 2006. Unifi
- Finance Trust Bank: Finance Trust Bank offers mobile loans in Uganda, providing quick access to loans with a 9% facilitation fee. The loan amount can range from UGX 3,000 to UGX 1,000,000. Finance Trust Bank
- MTN Uganda: MTN Uganda also provides mobile money loans, allowing you to request loans through the MTN Mobile Money service. You can access loans via the KCB app and M-Pesa platform. MTN Uganda
Online mobile money loans in Uganda
Online mobile money loans in Uganda provide convenient access to quick loans through mobile platforms and apps. Here are some options available:
1. Finance Trust Bank – Trust Mobile Loan
Finance Trust Bank offers a service called Trust Mobile Loan, which provides quick loans to users in Uganda. What sets this option apart is the speed and convenience it offers. You can access a loan of up to USh 1,000,000, and the process is virtually instant. To get started, all you need to do is dial *224# or download the Trust Mobile app. Finance Trust Bank – Trust Mobile Loan
2. Fido Uganda
Fido Uganda is another player in the mobile money loan market. They offer quick loans ranging from 40,000 to 600,000 UGX, which are deposited directly into your Mobile Money wallet. What’s more, their services are available through a user-friendly mobile app, making it a hassle-free experience for those in need of financial support. Fido Uganda
3. Kasente-Instant Mobile Loan
Kasente brings a convenient mobile lending app to the table, catering to both businesses and individuals in Uganda. Whether you need an emergency loan, Kasente makes it easy to borrow. With a 4.7-star rating on Google Play and over 2,700 votes, it’s clear that many users find this app useful. Kasente-Instant mobile loan
4. MTN Uganda – Savings & Loans
MTN Uganda offers a mobile money loan service, where loans are deposited directly into your MTN Mobile Money account. To access these loans, you can dial 1655# and select MoKash, then Loans. This straightforward process makes it a popular choice among users. MTN Uganda – Savings & Loans
5. Mobi Loan
Mobi Loan is a mobile lending app that simplifies the process of borrowing money. Users can download and install the app, register, view their loan limit, and submit their loan request. This easy-to-use platform provides an additional option for accessing quick cash. Mobi Loan
Instant loans in Uganda
- Smart Loan Uganda Ltd: This registered and regulated lender provides short-term loans ranging from 100,000 to 50 million Ugandan Shillings. They claim to offer loans in as little as 5 minutes. Learn more
- Fido Uganda: Fido offers quick loans ranging from 40,000 to 600,000 Ugandan Shillings, which are instantly deposited into your Mobile Money wallet. They have an office located in Kampala. Learn more
- Finance Trust Bank’s Trust Mobile Loan: This service allows you to access quick loans using your mobile phone. You can dial *224# or download the Trust Mobile app to get a loan of up to 1,000,000 Ugandan Shillings, payable in 3 months. Learn more
- Instant Loans with Steadfin: Steadfin offers instant loans ranging from 100,000 to 1 million Ugandan Shillings, with a 5% interest rate and a swift processing time. Learn more
- Kasente Mobile Lending App: Kasente is a mobile lending app that provides emergency loans for individuals and businesses in Uganda. It’s known for its ease of use. Learn more
