In 2025, accessing quick and reliable loans in Ghana has become easier than ever, thanks to a surge in mobile lending platforms. These apps offer instant loans without the need for collateral or guarantors, making them ideal for emergencies, school fees, or small business needs. Most are integrated with mobile money services like MTN MoMo, Vodafone Cash, and AirtelTigo Money, ensuring seamless disbursement and repayment.

Below is a curated list of the top 10 loan apps in Ghana for 2025, based on user reviews, loan limits, interest rates, and repayment terms.

1. Fido Money Lending

• Loan Amount: GHS 100 – GHS 3,000

• Interest Rate: 8% – 15% monthly

• Repayment Period: 10 – 33 days

• Key Features: Fastest MoMo disbursement, no collateral required

• Best For: Emergency expenses and short-term financial needs

• Website: fidocredit.com

2. MTN QwikLoan

• Loan Amount: GHS 50 – GHS 1,000

• Interest Rate: 6.9% flat fee

• Repayment Period: 30 days

• Key Features: Embedded in MTN MoMo, no paperwork needed

• Best For: MTN subscribers needing quick loans

• How to Apply: Dial *170# and select Financial Services > QwikLoan

3. Carbon (formerly Paylater)

• Loan Amount: GHS 50 – GHS 5,000

• Interest Rate: From 5% monthly

• Repayment Period: 15 – 180 days

• Key Features: Credit scoring, bill payments, airtime loans

• Best For: Users seeking flexible loan terms and additional financial services

• Website: carbon.africa

4. Aella Credit

• Loan Amount: GHS 100 – GHS 5,000

• Interest Rate: Based on credit score

• Repayment Period: Up to 2 months

• Key Features: No paperwork required, fast funding

• Best For: Salaried workers and entrepreneurs

• Website: aellaapp.com

5. BloomKash

• Loan Amount: GHS 200 – GHS 3,000

• Interest Rate: 10% – 20% monthly

• Repayment Period: 91 – 180 days

• Key Features: 100% app-based approval, instant disbursement to mobile wallet

• Best For: Tech-savvy users and youth

• Website: bloomkash.com

6. FairMoney

• Loan Amount: GHS 100 – GHS 10,000

• Interest Rate: Flexible

• Repayment Period: 1 – 12 months

• Key Features: Low fees, credit builder, bill payments

• Best For: Users seeking larger loan amounts over extended periods

• Website: fairmoney.io

7. Fido Biz

• Loan Amount: Up to GHS 15,000

• Interest Rate: Varies

• Repayment Period: Custom term

• Key Features: Tailored for small businesses, requires valid Ghana Card and business ID

• Best For: Small businesses and entrepreneurs

• Website: fidocredit.com

8. SikaPurse

• Loan Amount: GHS 200 – GHS 2,500

• Interest Rate: 12% – 18% monthly

• Repayment Period: 61 – 180 days

• Key Features: Fast approval, no collateral required

• Best For: Users needing quick loans with minimal requirements

• Website: sikapurse.com

9. Peachy Loans

• Loan Amount: GHS 50 – GHS 2,000

• Interest Rate: 9% – 14% monthly

• Repayment Period: 1 – 3 months

• Key Features: Simple app, no guarantors needed

• Best For: First-time borrowers and students

• Website: peachyloans.com

10. CashGhana

• Loan Amount: GHS 300 – GHS 5,000

• Interest Rate: Low fees for short term

• Repayment Period: Up to 90 days

• Key Features: Ideal for salary earners, online application with MoMo disbursement

• Best For: Employees with regular income

• Website: cashghana.com

Comparison Table

Tips for Choosing the Right Loan App

• Interest Rates: Compare rates to find the most affordable option.

• Repayment Terms: Choose an app with repayment terms that suit your financial situation.

• Loan Amount: Ensure the app offers the loan amount you need.

• Approval Speed: Look for apps with fast approval processes.

• User Reviews: Check user reviews for reliability and customer service.

Conclusion

These top 10 loan apps in Ghana for 2025 offer a range of options to meet various financial needs. Whether you're looking for emergency funds, school fees, or business capital, there's an app tailored for you. Always read the terms and conditions carefully before applying to ensure you choose the best option for your circumstances.