10 Trusted, Easy, and Instant Loan apps in Uganda – 2024

Are you stuck financially and wondering where to get instant credit on your mobile money? It doesn’t matter what you need the money for. Are you paying rent, water, or Yaka bills? You need an instant credit app on your mobile phone to help you cover bills even before you receive your salary. So, in this blog, we have listed the top 10 best, trusted, and easy instant loan apps in Uganda you may want to download.

• How to get a quick loan on Airtel Money (Wewole)
• A complete list of registered online money lenders in Uganda
• Is the Kasente instant mobile loan app legit in Uganda?
• Everything about OKLoan – Personal instant Loan app in Uganda
• Is iSente the most reliable and safest loan app in Uganda?
• Can I take an instant loan using Azima mobile app?
• Everything to know about Smart loans Uganda
• Is ManguCash good for instant mobile loans
• How to get MTN MoKash & XtraCash loans

For those who don’t know what an instant credit/loan app is, this blog also explains the topic in-depth. We will also show you how to download, install, and borrow money on your instant credit app in Uganda in the simplest way.

What is instant loan App?

Loan apps, or mobile loan apps, are applications that allow users to apply for and receive loans through their mobile devices. These instant loan apps have gained popularity in Uganda for their convenience, accessibility, and quick approval processes. Therefore, you no longer have to worry about your bills in case your salary delays. These instant credit apps came to your rescue.

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10 Best Instant Loan Apps you can trust

Here are some of the top 10 best and instant loan apps you may want to trust in Uganda for easy credit top up:

1. SweetLoan app

With the SweetLoan app in Uganda, you can instantly request to borrow money easily and get it as quick as possible. In case of emergency, the SweetLoan app also allows you to borrow money any time of the day or night to solve any mess at your neck.

2. Kasente-Instant mobile loan

Kasente-Instant mobile loan is another incredible credit app on our best loans platform list you must have in your phone if you are in Uganda. This app allows you to borrow emergency loan for business and individuals usual. By using this loan app frequently, you increase your loan limit and get even larger loans to help you grow your business.

3. Azima Instant Loans

If you are looking for a partner in times of emergences, the Azima Instant Loans is what you need. This instant mobile app gives you instant access to affordable and no security loans on your phone in Uganda. You can easily get a loan of up to UGX 200,000 on your phone than any other apps in Uganda. Surely, Azima is one of the best instant loans apps in Uganda you may want to consider.

4. Fido Loans Uganda

The Fido Loans allows you to get quick loans from 40,000 to 600,000 UGX Instantly into your mobile money wallet. Whether you are paying school fees, home bills, or catering for an emergency, Fido loans is the app you will need to trust in Uganda.

5. Smart Loans Uganda

This is a registered a trusted instant credit app in Uganda and allows you to get a quick loan as low as UGX 100,000 in just 5 minutes. If you are struggling to find a short term finance product from a money lender that considers you as an individual, Smart Loans Uganda is the right place for you.

6. ManguCash-Instant Loan Online

Also on our list of the top trusted loan apps in Uganda is the ManguCash app. This loan app has made the process of borrowing and paying a breeze since you can get done in less than 5 minutes. The ManguCash-Instant Loan Online app is available for download on both Android and iOS.

7. Numida business loans

This is one of the most amazing loan apps in Uganda capable of giving you any business loan in less than 24 hours. To complete your loan request, you just need to download the Numida business loan app from Google play store. Then provide a photo of your national ID and other basic details about your business. Finally, you will receive your loan in less than 24 hours. Try this one if you are taking a quick loan to boost up your business in Uganda.

8. Soft Cash Loans

The Soft Cash Loans app brings you fast approval, easy funds, and a seamless borrowing experience in Uganda. So, if you are looking for quick loans anywhere in Uganda, Soft cash is one of the apps you should be downloading I case you are in need of quick cash. The app is easy to install, has a great user interface, making your experience the greatest.

9. Trust Mobile Loans

Unlike most of the loan apps in Uganda on this list, Trust Mobile loans is under Finance Trust Bank. So, to apply for a quick loan, you must have been a client of Finance Trust Bank for a minimum of 6 months. In simple terms, you need to have an account in the same bank. If you do, then, you can access their loan services in Uganda on your mobile phone by simply dialing  *224# or download the Trust Mobile app and get a quick loan of up to UGX 1,000,000 payable in 3 months.

10. Quicksente – Online loan app

Lastly, we have Quicksente, another amazing loan app in Uganda. Like their name suggest, Quicksente is a free online app offering instant loan services to anyone in need of cash. This app boasts advanced security and encryption technologies to keep your data safe from cybercriminals, and it also doesn’t share or sell sensitive data to third parties. So, the loan your take will be between you and Quicksente. Just get the app from Google play store to get started.

Loan app borrowing limits in Uganda and their interest rates

Loan App	Loan Amount	Payment period	Interest rate
Mangu Cash	UGX 60,000 – 400,000	90 – 365 days	15% – 52%
Ok Loan	UGX 60,000 – 800,000	90 – 365 days	16% – 45%
Quick Sente	UGX 60,000 – 500,000	Up to 365 days	12% – 52%
Fair Credit	UGX 80,000 – 700,000	90 – 365 days	7% – 180%
Kasente Instant Loan	UGX 30,000 – 1,000,000	91 – 365 days	25% – 250%
UCredit	UGX 100,000 – 500,000	90 – 365 days	12% – 24%
Isente Safe and Reliable Loan	UGX 90,000 – 600,000	90 – 365 days	12% – 50%
Dove Cash	UGX 50,000 – 1,000,000	91 – 365 days	16% – 45%
Fly Pessa Instant Loan	UGX 60,000 – 1,000,000	91 – 365 days	16% – 32%
Cash X	UGX 100,000 – 1,000,000	90 – 365 days	21% – 34%
Sweet Loan	UGX 90,000 – 600,000	90 – 365 days	12% – 50%
Mara- Instant Loan	UGX 100,000 – 1,000,000	90 – 365 days	24% – 56%
QuickLoan	UGX 30,000 – 500,000	91 – 365 days	15% – 34%
Cash Base	UGX 50,000 – 1,000,000	91 – 365 days	15% – 120%
Sunlit Loan	UGX 50,000 – 1,000,000	90 – 365 days	14% – 32%
Ukash	UGX 50,000 – 500,000	91 – 365 days	10% – 30%
Grizzly	UGX 300,000 – 3,000,000	120 – 360 days	12% – 36%
GetLoan	UGX 50,000 – 1,000,000	3 – 12 months	17% – 29%
OneLoan	UGX 100,000 – 500,000	91 – 365 days	12% – 30%
TopLoan	UGX 80,000 – 500,000	91 – 365 days	4% – 29%
Azima	Up to UGX 200,000	61 – 180 days	240%
Moji	UGX 200,000 – 800,000	90 – 365 days	24%
Yo Cash	UGX 50,000 – 500,000	91 – 365 days	12% – 40%
Touch Loan	UGX 30,000 – 500,000	91 – 365 days	16% – 45%
Have More	UGX 100,000 – 500,000	91 – 365 days	12% – 24%

How do instant credit/loan apps work?

All the best instant loan apps in Uganda may operate differently, but here are the general things you must know before downloading and using your choice credit app:

Application Process:

• You must download the loan app from the respective app store (e.g., Google Play Store for Android or Apple App Store for iOS).

• Create an account by providing necessary personal information such as name, national ID details, location, etc.

• Fill out an application form within the app, supplying details such as their name, contact information, employment status, and sometimes additional data like social media activity or mobile phone usage patterns.

Credit Assessment:

Loan apps typically use algorithms and data analytics to assess the creditworthiness of the applicant. This process may involve analyzing the user’s financial behavior, transaction history, and other relevant data.

Loan Approval and payment:

• If the application is approved, you are notified of the loan amount, interest rate, and repayment terms.
• Once you accept the terms, the loan amount is sent directly to your mobile money account or bank account linked to the app.

Repayment:

Repayment is usually done through the loan app itself. You can make payments using mobile money, bank transfers, or other specified methods.

Loan apps typically have a specific repayment period, and users are expected to repay the loan in installments or in full by the due date.

Interest Rates and Fees:

Loan apps often charge interest rates and fees for their services. The total cost of the loan, including interest and fees, is outlined in the loan agreement.

Security and Privacy:

You should carefully read and understand the terms and conditions of the loan, including the privacy policy. It’s crucial to ensure that the app complies with data protection regulations and safeguards your personal and financial information.

Frequently Asked Question