Moni Wave-secure loan 1.1.2

Moni Wave is a financial technology company dedicated to providing services aimed at enhancing quality of life through improved access to finance. The organization emphasizes ongoing innovation in partnership with local stakeholders to advance financial inclusion across Ghana.

The company's loan offerings include the following parameters:

• Loan Limit: from 1,000 GHS up to 10,000 GHS
• Loan Term: ranging from 91 days to 365 days
• Maximum Annual Interest Rate: 18% per year (equivalent to approximately 0.05% daily)
• Additional Charges: none

For illustrative purposes, consider borrowing 10,000 GHS with an annual interest rate of 18%. Over a loan term of 120 days (approximately four months), with no additional fees, the repayment calculations would be as follows:

• Daily interest: 10,000 GHS x 0.05% = 5 GHS
• Monthly interest (assuming 30 days/month): 5 GHS x 30 = 150 GHS
• Monthly repayment amount: (10,000 / 4) + 150 = 2,650 GHS
• Total interest over 120 days (4 months): 150 GHS x 4 = 600 GHS
• Total repayment amount at maturity: 10,000 GHS + 600 GHS = 10,600 GHS

Potential borrowers can utilize the provided method for quick calculations when considering larger loan amounts. It is important to note that all loan products are offered without additional charges beyond the stated interest.

[Product Overview]

Moni Wave delivers a user-friendly, secure online lending platform designed for convenience and efficiency.

[Application Requirements]

• Aged 20 years or older
• Ghanaian citizenship
• Possession of a personal E-wallet within Ghana
• Steady employment and income verification

The application process is straightforward, with prompt approval processes ensuring that funds are transferred directly into the applicant’s personal account swiftly.

[Advisory]

Caution is advised when taking out loans. Borrow responsibly and only borrow amounts that align with your financial capacity to prevent repayment difficulties.

For more information or assistance, contact Moni Wave's customer service:

• Email: [email protected]
• Address: 4FWJ+R7R, Hohoe, Ghana
• Phone: +233 0207759673