Are you in need of a quick mobile loan? MTN has introduced their new quick mobile credit known as MOMO loans. You have probably seen this trending phrase somewhere “Wesontige with MTN MOM loans” and it is not just a phrase. You can now apply for loans anytime, anywhere, using their smartphones through Wesotinge with MTN MOMO loans. Let’s find out more about this new quick way of getting a loan on your mobile money account.
What is Wesotinge with MTN MoMo loans?
MTN MOMO loans are the latest mobile money loan offered by MTN Uganda to empower its users financially through trying times. MTN MOMO loans provide access to financial services for users who may not have easy access to traditional banks or lenders. This includes people in remote areas or those without a bank account.
Through the “Wesotinge with MTN MoMo loans,” you have access to services like XtraCash, MoKash laons, MoSente, MoPesa loans, ClinicPesa Health loans, and MOMO Advance. To access the MTN MOMO loans, you simply just have to go to your phone and dial *165*5#. The most interest thing about MTN MOMO loans is the you can get a loan with interest as low as 2.5%.
How do I qualify for MTN MOMO loans?
To qualify for “Wesotinge with MTN MOMO loans”, you need to be an active MOMO user. Firstly, you must have used MTN Mobile Money frequently for at least six months. The more you use the MOMO services, the more your chances of being eligible for the MTN loans. So, to qualify, we recommend that you:
- Send money to any Ugandan number, bank account, or abroad
- Buy airtime and bundles.
- Paying your bills, e.g., UMEME, NWSC, URA, etc using MoMoPay
- Receive mobile money from any Ugandan number, bank account, or abroad.
MTN MOMO loans are one of quickest way of getting a mobile loan direct onto your mobile money account. This can be crucial in emergencies or when quick access to funds is needed.
