In this post, I am going to do my best to take you through a complete guide on how to apply for Lending Papa loans.
Just in case you are in need of a quick and easy loan, then this is the right post for you.
Before I take you through the steps of how to apply for a Lending Papa loan, let’s first look at What Lending Papa loan is and how it works.
What Is Lending Papa Loan?
LendingPapa is a quick online loan app in Ghana. With just a quick download of the app on google playstore or apple store, you can get a loan of GHS 1,000 – GHS 5,000.
Loan Amount: GHS 1,000 – GHS 5,000.
Loan Term: 91-365 days.
Loan interest: from 8% to 22% per annum.
If you apply for a loan of GHS 5,000, the term is 120 days and the annual interest rate is 18%.
So the daily interest rate=18%/365=0.049%, the interest for 120 days =5,000×18%/365×120= 245, the totally repayment=5,000+245= 5,245.
Eligibility Requirement For Lending Papa Loan
- Must be a resident of Ghana
- Must be between the age of 18 to 55.
How To Apply For Lending Papa Loans
1. Install the LendingPapa from Play Store or Apple store. (You can CLICK HERE to download).
2. Register an account.
3. Fill out your basic information and submit it.
4. Apply in seconds.
5. Receive your loan straight into your bank account.
6. Increase your loan limit each time you repay your loan.
It is a requirement to take and submit a selfie before a loan is disbursed to you.
Once you have submitted the selfie, LendingPapa Will call you to verify you truly need the loan before disbursing it.
Note: You have only 14 days to pay up your first loan.
Contact And Address Of LendingPapa
For more information or questions contact LendingPapa using the details below.
Physical Address：21B, La-Bawaleshi Rd, Accra
Other Apps That Give Loan Instantly In Ghana
Below are some other apps working in Ghana that gives loans in no time. Just select your choice and download it on google playstore or Apple store.
- SC Mobile Ghana
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- UBA Mobile Banking
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- Ecobank Mobile App
- Easy Cash Loans – Quick Online Loans APP
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- FairMoney Loan App: Instant loan app, bill payment
- Get Instant Loan Online – INSATNI LOAN
- GCB Mobile Banking
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- IQ Option – Online Investing Platform
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- JumiaPay – Pay Safe, Pay Easy
- KiaKia Loan App
- Loan Time Quick Online Loans APP