Loangram: A Lending App for Salary Earners in Uganda
Loangram is a lending app that aims to provide financial assistance to salaried individuals in Uganda. The app is developed by Loangram Finance Limited and is available for Android devices.
To register for the app, you need to provide a valid national ID and wait for the field team to verify your information. Once your account is activated, you will be given a certain limit that can be increased based on your repayment behavior. The loans offered by Loangram come with a 12% fee and have a maximum period of three months.
Loans can be accessed and paid via mobile money (MTN and Airtel), bank transfers, and VISA. To qualify for a loan, you need to be above 18 years old, employed in Uganda, and require a loan period of 30 to 90 days. The loan amount varies based on your credit score, and the minimum repayment period is 90 days, with the maximum repayment period being 180 days.
Loangram is a free app that offers a reliable lending service to salaried individuals in Uganda. The app is easy to use, and the loan application process is straightforward. With a 12% interest rate, Loangram provides a feasible option for those looking for financial assistance.
User reviews about Loangram
Have you tried Loangram? Be the first to leave your opinion!