Letshego Ghana – What you should know

Letshego Ghana Loans

Letshego offers various types of loans to their customers. Many people take out personal loans to assist them in reaching their goals and objectives or lend a helping hand when in need. If you’re in Ghana and have never had a personal loan before. You can consider applying for the Letshego loan.

About Letshego Ghana

The Letshego Group, a publicly traded corporation in Botswana, offers a wide range of financial services, including Letshego loans. Kenya, Nigeria, Ghana, Tanzania, Uganda, Rwanda, and Swaziland are just a few of the 11 African nations where the school has established a presence. Both the public and private sectors, as well as micro and small business owners, are supported.

Letshego Ghana Savings & Loans PLC is a registered provider of financial services in Ghana. It supports Micro and Small Entrepreneurs and offers individuals in the public and private sectors with innovative solutions.

What are the loan requirements for Letshego Ghana?

Because of the requirements, not everyone can get this loan offer. The criteria for people who want to apply for the funding are‌:

  1. Be over 18 years of age.
  2. Salary statement of 3 months.
  3. 3 latest payslips.
  4. Letter from your employer.
  5. National Identification.
  6. Get an application form that has been filled and signed.

Note: For a variety of reasons, eligibility may vary. They comprise pay, additional allowances, paying the third party, or taking money out of your account. If you are not qualified, speak with the institution’s branch or contact center for guidance.

What is the maximum and minimum amount ‌I can borrow from Letshego?

All financial institutions have a minimum Loan amount and maximum loan amount they offer borrowers. Letshego Ghana offers a minimum loan amount of GHS 5,000. While their maximum loan amount is GHS 300,000.

How can I apply for Letshego loan?

Before you can get a loan from any lender, you must apply for it, which also goes for Letshego loans. Most Letshego loan applications are submitted online, and the process is simple. To apply online for a Letshego loan, follow these steps:

  1. Visit their website.
  2. Choose Ghana from the list of countries.
  3. Select personal loans or MSE purchase order loans.
  4. Complete all personal profiles and other information for personal loans.
  5. Upload your documents.
  6. After reading the declaration section, click YES to accept. Please include the name and address of the salesperson who suggested you.
  7. The electronic signature should contain your name.
  8. Click on finish.

It takes 48 hours to disburse the funds to the borrower once you complete the Letshego loan application form online.

Letshego Ghana USSD Code

You might wonder if Letshego Ghana allows quick loan disbursement through the USSD code. The answer is yes! Just dial *170# if you need the Letshego Ghana USSD code for borrowing on your phone. Then, follow the instructions on your phone after dialing the USSD code to apply for the urgent loan.

What is the interest rate for Letshego?

It’s the interest on loans that encourages lenders to take the risk of giving their money to borrowers. Letshego is not an exception to this. The interest rate on their loan is between 0% (less than three months of service time) and 50%. ( longer than 18 months of servicing time). They can be repaid daily, weekly, monthly, or quarterly. You can apply for their loan offers, but you can only accept one if you are approved for one.

How fast can I get the Letshego loan?

Knowing how fast you can get a loan is important. This is because you might have an urgent need for cash flow. You can get the Letshego loan within 48 hours of your online application. 

What are the repayment terms for Letshego?

Lenders and borrowers always agree on when the loan will be repaid. Letshego’s short-term loan lasts for 3 months, while their long-term loan lasts for 60 months. The average is approximately 12 months.

What are the contact details of Letshego Ghana?

You can reach Letshego Ghana through:

  1. Office Address: 4th Floor, Cocoshe House, Off Agostino Neto Road, Airport City (3.82 mi), Accra, Ghana.
  2. Email address: ghana@letshego.com
  3. Phone number: +233302208333

Conclusions

You can receive the money you need through Letshego loans to take advantage of possibilities to better your life. Besides that, you can make investments in the future. You can use Letshego to fund your kids’ educations and launch a new company. They provide accessible disbursement methods and reasonable interest rates. Letshego Loans enables you to become more powerful through the loans they provide.

Categories: Loan apps
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