Can I take an instant loan using Azima mobile app?

With a myriad of instant loan apps available on the internet, you may be wondering which one exactly you may consider. All these apps in Uganda offer a variety of credit and loan services with varying interest rates. But all you want is an app that offers easily accessible loans while still making them affordable for Ugandan whenever they are needed. So, today, we will discover if the Azima loan app is worth it in Uganda. We will learn how to download and install the Azima instant loan app, how to apply for loans, repaying through mobile money, their interest rates, and repayment period.

At the end of this review, you will have a clear understanding of whether to consider Azima loan app or to check out other credit app options available in Uganda.

Important things to know about Azima instant loan app

If you are planning on using the Azima loan app in Uganda, here is what you should know before applying for your first mobile instant loan:

Loan limit	Up to UGX 200,000
Repayment period	61 days to 180 days
Interest rates	20% for every 30 days
Loan Requirements	Airtel or MTN Mobile money number

Summary of Azima loan information

What is Azima loan app?

Azima is one of the fast growing financial services and Start-Up Microfinance in Uganda, supporting a wide range of users to access affordable instant loans through their mobile phones. You just need to download their application from Google play store to get started.

How does Azima work?

Azima is a loan and money lending app in Uganda that offers users easy access to their instant mobile loans. You can use the Azima loans to pay bills that cannot wait such as Yaka, rent, water, and many others. Azima loan app operates within the mobile money ecosystem in Uganda; they may analyze your mobile money transaction history to assess your financial behavior, such as your income sources, spending patterns, and savings habits to determine your eligibility to take their loans.

Additionally, Azima is one of the best loan apps in Uganda offering instant credit and affordable loans without any paperwork to fill out or collateral required.

How do I contact Azima loan app?

In case you want to contact Azima loan app to inquire more about their credit and financial services in Uganda, you may reach them via email at [email protected]. You can also access all the information you need via their official website: https://azima.app/

How do I pay my Azima loan?

Since the Azima instant loans app operates within the mobile money ecosystem, its easy for you to pay your loan through the same means. That means, you can use Airtel or MTN mobile money to settle your Azima loan balance. To do this:

Go to your phone an launch the Azima loan app
Simply tap Pay Loan in the app
Select the loan you want to pay and the amount
A notification will be received on your phone asking you to enter your PIN to approve the transaction.
Once you do o, your Azima loan balance will be settle

How do I apply for an instant loan on Azima App?

If you want to apply for a quick mobile wallet loan using Azima loan app in Uganda, simply follow the steps below to complete your application in just 60 seconds:

Download and install the Azima instant credit app in case you don’t have it
Launch the app on your mobile phone to get started
Now you can apply for your loan with Azima app in less than 60 seconds without requiring any security or bank account details.
The only requirement to apply for Azima instant loans in Uganda is your mobile money number.

What is the repayment period and interest rate on Azima loan app?

Azima loan app offers a minimum loan repayment period is 61 days and maximum loan repayment period is 180 days. The maximum Annual Percentage Rate (APR) equals 240% which is 20% for every 30 days for anyone applying for their loan services in Uganda.

Pros and Cons of the Azima loan app in Uganda

Pros	Cons
Offers instant loans Loan application is straightforward	High interest rate Short repayment period Collects User’s personal and financial information

Advantages and disadvantages of Azima loan app