A loan is obviously lending money from someone or a bank or even an organization to do care take of something urgent.
Internet Service Provider like MTN has a service that loan money to their users in need of it means you can’t get a loan when you ain’t a user.
MTN Qwikloan ( Pronounced ‘quick loan’) is a fast and instant way MTN Ghana users or customers can access loans using their MTN Mobile Money platform. With this loan, one does not need collateral to access the loan.
Of course, one can’t just buy a new MTN sim and get a loan like by now MTN would be broke. In order to access this qwikloan one follow the terms and conditions.
See terms and conditions below;
1) You have to register MTN Mobile Money Service and make sure you actively use the wallet for transactions (that is sending and receiving money, purchasing bundles, and airtimes)
2) you have to be more than 90 days old and an active MTN Subscriber.
3)Loans taken should be paid as quickly as possible to be able to qualify for a higher amount.
STEPS To Apply For QwikLoan
1) Dial *170#
2) Choose Option 5 (Financial Service)
3) Choose Option 3 (Loans)
4) Choose Option 1 For QwikLoan
5) Choose Option 1 again for Loan Request
6) Enter Amount and send.
You will receive an SMS from MTN when the request goes through.