- Anytime, anywhere
- Zero application charges
- No guarantee
- No guarantors
- No wahala!
From the You
Fido Micro Borrowing (FIDO) are a lender situated in Accra, Ghana and you can licensed because of the Bank out of Ghana. FIDO provides easy and fast short-label finance, titled FIDO Fund. Our customers can use to have an effective FIDO Financing directly from the very own smart phone and found a credit decision within minutes. The borrowed funds is obtainable to help you musicians, small enterpreneus and you will SMEs to expand its companies. Only a one-day confirmation from ID and you may cellular money membership is necessary before disbursement of the money. Zero security or guarantors are essential.
Try FIDO registered to add fund inside Ghana? Sure. FIDO is signed up from the Bank regarding Ghana to incorporate funds. What are the charges to use Fido? There are no Upfront Charges for using new FIDO cellular app or making an application for an excellent FIDO Financing. I charges a handling commission that will be announced toward customers prior to accepting financing, and generally are paid back simply once you get your money, whether your mortgage arrives for fees. Exactly what can I take advantage of the new FIDO Financing to have? Customers are able to use the new loans to grow the small enterprises. Finance shouldn’t be utilized for illegal affairs Exactly what are the qualifications standards? In order to be eligible for an effective FIDO Mortgage, you want a legitimate ID and Mobile Currency.
- ID Form of: Driver’s license, NHIA Registration, Voter ID, National ID or Passport
- Cellular Currency membership: MTN Mobile Money otherwise AirtelTigo Money registered in your title getting no less than two months.
You need to be a resident into the Ghana over 18 several years of decades. Exactly how much ‘s the rate of interest? The interest cost for brand new consumers initiate during the fourteen% to own 1 month, the attention count are displayed regarding app before you apply. Going back users having good reputation for expenses the money having Fido promptly advance interest rate to the upcoming fund, a reduced rate of interest try 8% to possess 1 month. The length of time will it decide to try approve my demand? Within one time just after submission, a card decision could well be revealed towards the display.
FIDO software evaluates for every single application for the loan and set aside the authority to reject specific apps. The decision can’t be stopped and now we could only suggest you to utilize again just after 2 weeks. My personal demand are recognized. Precisely what do I need to would second? Excite discover cautiously the fresh advice shown on software when the mortgage best car title loans HI could have been accepted. The brand new instructions often either inform you so you can approve the borrowed funds contract when you look at the app to complete the procedure, or check out a branch getting handling. Delight comprehend the Contact area getting opening hours and guidelines so you can our very own part. Where and when will my personal FIDO Mortgage be paid? Shortly after fully doing the method, the mortgage was paid immediately. We shall notify you from the Sms of the import. Just how am i going to repay the fresh FIDO Mortgage? If mortgage becomes owed, you will have to transfer the bucks from your wallet adopting the process lower than. To invest that have bucks, you can visit people Zenith bank part and you may put so you can FIDO’s membership. Always use your client ID getting fee. What the results are if i can’t pay off this new FIDO Mortgage into-go out? Delight contact us with one situations pertaining to the fresh new installment off your own FIDO Loan. People could be recharged extra punishment having later money. Fido supplies the legal right to get any suit to recuperate a good costs and you may report unpaid consumers toward suitable firms and/otherwise regulators. What’s the minute/max amount borrowed? Very first time borrowers are eligible to possess a total of 2 hundred GHC becoming paid within ten in order to 33 weeks. The loan name should be chosen about application when applying.
Purchasing the loan punctually will bring you a higher number and you can reduced attract since you climb the new ladder doing a beneficial limit of a thousand GHS.