Mpaso Loan Review: Is Mpaso Loan App Real or Fake

Posted on December 22, 2024 by Yhang Mhany

Table of Contents

About Mpaso Loan

Mpaso Loan is a new credit app that allows people to borrow and repay money anywhere, anytime with a mobile wallet.

According to the Mpaso Loan; Mpaso Loan makes it easy for you to access loans anywhere you are with your smartphone. Sign up, apply for a loan, and receive your money straight to your mobile account.

Mpaso Loan Requirements

You need a valid ID to qualify for a Mpaso Loan. ID Type should be, Driver’s License, NHIA Membership, Voter ID, National ID, or Passport
You must be a resident of Ghana, Kenya, Tanzania, or Nigeria over 18 years of age
Payment account: MTN Mobile Money, AirtelTigo Money, or Bank Account registered in your name for at least two months.

How To Apply For Mpaso Loan

Download The Mpaso Loan App: Download the free app from the Google Play store
Sign Up: Set up your Mpaso Loan account by filling in your personal in the app
Select Product: Select your loan terms and conditions
Get Approved: Approval is in real-time. Once approved the funds will be disbursed to your Mobile Money account

Eligible Countries: Countries That Can Use Mpaso Loan

Kenya

Loan Amounts: Ksh 500 to Ksh 50,000

APR: 25.5% to 34%

Tanzania

Loan Amounts: Tsh 5,000 to Tsh 150,000

Be very cautious if someone tells you they can get your funds back from a scam. Sadly, funds recovery is often another type of fraud. Here are some legitimate platforms:

APR: 21.5% to 32%

Nigeria

Loan Amounts: ₦ 300 to ₦ 35,000

APR: 22.5% to 31.5%

Ghana

Loan Amounts: GHC 400 to GHC 45,000

APR: 24.5% to 33.5%