How does Mara instant loan app work?
Are you looking forward to requesting an instant loan from Mara to pay for bills that cannot wait for your salary? Whether you want to pay for electricity, water bills, or schools fees, Mara instant loans can help you cover for emergency expenses. In this review of the Mara instant loan app in Uganda, we will discover how much interest rate you will incur, loan limit, and repayment period.
In the end, you will decide whether to borrow money online in Uganda using the Mara instant loan app or consider other money lending options available on the internet around Kampala and the rest of Uganda.
How does Mara instant loan app work?
Mara is an instant loan available in Uganda, offering loan and credit services to individuals looking for personal or business loans. Whether you are looking for money to boost up your business or you want to borrow money to pay emergency bills such as electricity, water, or rent, Mara provides one of the best mobile loans in Uganda.
All you have to do is to download and instant the Mara instant loan app from Google play store, register for an account, and then apply for loans anytime you want need extra cash on your account.
What is the interest rate for Mara?
Mara instant loan app in Uganda is one of the best online money lending platforms that offer affordable interest rates. Currently, you can borrow money at an interest rate ranging from 24% to 56% depending on your loan amount.
What is the repayment period offered by Mara loan app in Uganda?
Mara instant loan in Uganda offers a repayment period starting from 90 days to 365 days depending on the loan amount you requested, which gives you enough time to prepare and repay your loan in time.
What is the loan limit offered by Mara instant loans?
When it comes to loan limits, Mara offers credit top-up starting from UGX 100,000 to UGX 1,000,000, payable between 90 days and 365 days. You will receive this money directly on your mobile money account; hence, you can transfer it, send it to your loved ones, shop online, or pay bills through your ewallet.
