25 Top loan apps for instant loans in Uganda.

kamasu Paul

kamasu Paul

— 6 min read
25 Top loan apps for instant loans in Uganda.
Photo by Alexander Mils / Unsplash

Many people nowadays prefer loans that don't require anything valuable as security. This article explores a list of the best loan apps in Uganda that offer instant loans online, and the best part is, that you don't need to fill out lots of paperwork. These loans are appealing because they don't ask for any valuable items as collateral, and you can get the money within 24 hours, sometimes even instantly. These apps mainly look at how well you can repay by starting with a small loan and increasing your borrowing limit as you successfully pay off each loan

These loan apps are listed in no particular order, and we are not in any way endorsing any of the loan apps listed below

Understand APR
APR, or Annual Percentage Rate, is a key factor in evaluating the cost of borrowing. It encompasses the interest rate and any additional fees associated with the loan. As you navigate the loan landscape, be sure to consider the APR to make informed decisions about the overall cost of your loan.

Instant personal loan apps

  1. Mangu Cash. Mangu Cash offers loans between UGX 60,000 and UGX 400,000 that are payable between 90 days and 365 days according to their website, they charge an annual percentage rate of between 15% and 52% depending on the loan period.
  2. Ok Loan. Ok loan offers loans between UGX 60,000 and UGX 800,000, repayable between 90 days and 365 days according to the app description on Google Play Store. Ok loan charges an Annual Percentage Rate (APR) of between 16% to 45%
  3. Quick Sente. Quick Sente has loans of UGX 60,000 - UGX 500,000 and the loan period can go up to 91 days with the longest period being 365 days. The APR is 12% minimum and the maximum is 52%
  4. Fair Credit. Fair credit offers loan amounts of 80,000 - UGX 700,000 and the loan term is 90 days to 365 days. the APR is 7% - 180%
  5. Kasente instant loan. Kasente instant mobile loan offers loans of ugx 30,000 to UGX 1000,000 with a loan term of 91 days to 365 days and an APR of 25% to 250%
  6. UCredit. UCredit offers loan amounts of UGX 100,000 to UGX 500,000 and APR is 12% - 24%. The loan period is 90 days - 365 days.
  7. Isente safe and reliable loan. Isente offers amounts between UGX 90,000 to UGX 600,000. APR is 12% - 50% and the loan period is 90days - 365 days
  8. Dove cash. Dove cash offers Loans of UGX 50,000 to UGX 1000,000. APR is 16% to 45% and loan period is 91 days to 365 days
  9. Fly pessa instant loan. The loan amount is UGX 60,000 to UGX 1000,000. APR is 16% to 32% and the loan term is 91 days to 365 days
  10. Cash X. Loan amount is UGX 100,000 to UGX 1000,000. APR is 21% to 34% and the loan term is 90 days to 365 days
  11. Sweet Loan. Sweet Loan offers loans of UGX 90,000 - UGX 600,000. APR 12% to 50% and the loan term is 90 days to 365 days
  12. Mara- Instant loan. The loan amount is UGX 100,000 to UGX 1000,000. The loan term is 90 to 365 days and APR is 24% to 56%
  13. QuickLoan. The loan amount is UGX 30,000 to UGX 500,000. APR is 15% to 34% and the loan term is 91 days to 365 days
  14. Cash Base. Cash base offers loans of UGX 50,000 TO UGX 1000,000 with APR of 15% to 120%. Loan tenure is 91 days to 365 days
  15. Sunlit loan. Sunlit loan offers loans of UGX 50,000 to UGX 1000,000 with APR oF 14% to 32% and loan term of 90 days to 365 days
  16. Ukash. Ukash personal online loans offers loans of UGX 50,000 to UGX 500,000 with APR of 10% to 30% and loan term of 91 days to 365 days
  17. Grizzly. Grizzly cash safe loan offers loans of UGX 300,000 to UGX 3000,000. The APR is 12% to 36% and the monthly interest rate is 1% to 3%. the loan period is 120 days to 360 days
  18. GetLoan. GetLoan-online-fast offers loans of between UGX 50,000 to UGX 1000,000 and the loan term is 3 months to 12 months and the APR is 17% to 29%. They also charge a platform fee of 0.01%
  19. OneLoan. One loan offers loans of between UGX 100,000 to UGX 500,000. APR is 12% to 30% and the loan term is 91 days to 365 days
  20. TopLoan. Top loan offers loan amounts of UGX 80,000 to UGX 500,000 with an APR of 4% to 29% and a loan term of 91 to 365 days. They also have an origination, one-time fee of between UGX 3,200 to 65,000
  21. Azima. Azima instant loan gives loans of up to UGX 200,000 with APR of 240% and repayment terms of 61 days to 180 days
  22. Moji. Moji online cash loan gives loan amounts of UGX 200,000 to UGX 800,000 with loan terms of 90 days to 365 days with an APR of 24% and a service fee of 10% to 20%
  23. Yo Cash. Yo Cash offers loans of UGX 50,000 to UGX 500,000 with a loan term of 91 days to 365 days and APR of 12% to 40%
  24. Touch Loan. Touch loan offers loans of UGX 30,000 to UGX 500,000 with a loan amount of 91 days to 365 days and an APR of 16% to 45%
  25. Have more. Have more offers loans of between UGX 100,000 to UGX 500,000 with loan terms of 91 days to 365 days and an APR of 12% to 24%

Other Loan apps

While the apps above don't require you to be an existing customer, to give you a loan, apps listed in this section require you to be an existing customer with a transaction history before you can qualify for a loan.

  1. Quick Loan. Airtel Uganda in partnership with Housing Finance Bank offer loans with a loan term of 15 days having an application fee of 2% and a daily interest rate of 1% per day for each day the loan remains unpaid. The loan amount varies per customer.
  2. Uganda. MTN Uganda gives instant loans of between UGX 3,000 to UGX 1000,000 through its more cash service to customers who must have saved at least UGX 50 with MoKash savings. The loan term is 30 days and the interest is 9% of the loan amount.
  3. Equity bank Eazzy loan. Equity bank offers instant loans of up to UGX 3000,000 depending on the customer with loan terms of up to 30 days and the interest is 4% to 9% per month on reducing balance basis
  4. Stanbic instant cash advance. Stanbic offers instant loans to their customers who receive regular deposits on their accounts. The loan amount is up to 50,000,000 and it costs 7% of the loan amount for loans below 2 million and 3.5% for loans above 2 million

Table Summary of the loan apps that give instant loans in uganda

No App Name Loan Range Repayment Period APR Range
1 Mangu Cash UGX 60,000 - 400,000 90 - 365 days 15% - 52%
2 Ok Loan UGX 60,000 - 800,000 90 - 365 days 16% - 45%
3 Quick Sente UGX 60,000 - 500,000 Up to 365 days 12% - 52%
4 Fair Credit UGX 80,000 - 700,000 90 - 365 days 7% - 180%
5 Kasente Instant Loan UGX 30,000 - 1,000,000 91 - 365 days 25% - 250%
6 UCredit UGX 100,000 - 500,000 90 - 365 days 12% - 24%
7 Isente Safe and Reliable Loan UGX 90,000 - 600,000 90 - 365 days 12% - 50%
8 Dove Cash UGX 50,000 - 1,000,000 91 - 365 days 16% - 45%
9 Fly Pessa Instant Loan UGX 60,000 - 1,000,000 91 - 365 days 16% - 32%
10 Cash X UGX 100,000 - 1,000,000 90 - 365 days 21% - 34%
11 Sweet Loan UGX 90,000 - 600,000 90 - 365 days 12% - 50%
12 Mara- Instant Loan UGX 100,000 - 1,000,000 90 - 365 days 24% - 56%
13 QuickLoan UGX 30,000 - 500,000 91 - 365 days 15% - 34%
14 Cash Base UGX 50,000 - 1,000,000 91 - 365 days 15% - 120%
15 Sunlit Loan UGX 50,000 - 1,000,000 90 - 365 days 14% - 32%
16 Ukash UGX 50,000 - 500,000 91 - 365 days 10% - 30%
17 Grizzly UGX 300,000 - 3,000,000 120 - 360 days 12% - 36%
18 GetLoan UGX 50,000 - 1,000,000 3 - 12 months 17% - 29%
19 OneLoan UGX 100,000 - 500,000 91 - 365 days 12% - 30%
20 TopLoan UGX 80,000 - 500,000 91 - 365 days 4% - 29%
21 Azima Up to UGX 200,000 61 - 180 days 240%
22 Moji UGX 200,000 - 800,000 90 - 365 days 24%
23 Yo Cash UGX 50,000 - 500,000 91 - 365 days 12% - 40%
24 Touch Loan UGX 30,000 - 500,000 91 - 365 days 16% - 45%
25 Have More UGX 100,000 - 500,000 91 - 365 days 12% - 24%

Conclusion.

Hopefully, this article helps you find an app that can give you the best loan.

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Ooh, if you are interested in obtaining low-interest loans from savings groups, you can download the Pesasave app from the Google Play Store

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