Miniloan is a quick and convenient online loan app in Ghana. It offers simple procedures, automated approvals, and relatively low interest rates. Users can borrow from GH₵ 200 to GH₵ 5,000 with loan terms ranging from 3 to 12 months. The app has a user-friendly interface, making borrowing safe and accessible.
Operating system

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Miniloan is a convenient and fast online loan application that allows users to borrow money easily and conveniently with just a few steps on their connected mobile phones. The application features intelligent functionalities and an automated approval system, providing users with a safe, convenient, and swift experience of borrowing money online.

With the aim of meeting the increasing financial needs of the people, Miniloan App has become one of the most popular online loan applications used in Ghana. We invite everyone to explore more about this Miniloan online loan app.

Contact information for Miniloan:

  • Working hours: 8:00 AM – 8:00 PM (Monday to Friday)
  • Email: [email protected]
  • Website:
  • Address: MP5W+XVM, Taifa, Accra, Ghana

If customers encounter any issues while using the application, please contact Miniloan’s customer support department for the best assistance.

Information about loan products at Miniloan

Miniloan is a convenient and reliable financial service for mobile users, offering attractive loan opportunities. Below is a detailed description of Miniloan’s loan product:

Loan details

  • Loan amount: From GH₵ 200 to GH₵ 5,000.
  • Loan tenure: 3, 6, 9, and 12 months.
  • Daily interest rate for borrowing: 0.01%.
  • Annual Percentage Rate (APR): 24%.
  • Management/platform fee: 0.01%.
  • APR range for this loan application: From 17% to 29% per year.

Example of a loan

To understand better, let’s look at an example of a loan. Suppose you borrow GH₵ 10,000,000 for 1 year with a daily interest rate of 0.01%, you will have the following fees and interest:

  • Daily interest: GH₵ 2,400,000
  • Loan tenure: 12 months / 12 repayment periods
  • Management fee: GH₵ 1,200,000
  • Total principal + interest: GH₵ 12,400,000 T
  • otal repayment amount: GH₵ 13,600,000
  • Monthly installment amount: GH₵ 1,133,333

It’s worth noting that if you repay the loan on time, you may be eligible for subsequent loans without any additional paperwork, making the borrowing process easier and more convenient.

Conditions and Registration Process

Loan Registration Requirements

Customers who wish to apply for a loan on the Miniloan App need to meet several basic requirements as follows:

  1. Be a Ghanaian citizen aged between 20 and 55 years.
  2. Possess a valid and undamaged national identification card.
  3. Have a personal bank account and a valid phone number.
  4. Have a stable income from employment or business.

Registration Process Guide

After meeting the aforementioned requirements, the loan registration process on the Miniloan app is straightforward and fast, comprising the following steps:

Step 1: Download and install the Miniloan App APK/IOS from

Step 2: Register an account by providing personal information and phone number. Confirm the OTP code sent to your phone via SMS.

Step 3: Select a suitable loan package according to your needs and fill in the required information.

Step 4: Take a photo or scan of your national identification card and other relevant documents, then upload them to the app.

Step 5: Verify the information and wait for the approval result from Miniloan. Upon successful registration, the loan amount will be directly transferred to your bank account.

The registration and approval process is entirely online, saving customers from the hassle of traveling to a bank or dealing with complex procedures. The profile evaluation is also quick, with customers receiving the notification of the result within 30 minutes after completing the registration process.

Cases Not Accepted for Loan Approval

Customers will not be eligible for loan approval under the following circumstances:

  • The customer has not repaid a previous loan taken from the application.
  • The customer currently has an existing loan with the application.
  • The customer has a history of bad debts with the application or its affiliated partners.

Evaluation of Pros and Cons of Miniloan App

After using the Miniloan App, we have the most objective evaluations for everyone’s reference, as follows:


  • Miniloan provides fast and convenient loan services for customers.
  • The loan procedures and processes are simple and easy to follow.
  • The automated application review system saves time for customers and ensures accuracy in the approval process.
  • The interest rates and borrowing costs are relatively low compared to some other loan products in the market.
  • The app’s interface is simple, user-friendly, and appealing to users.


  • The maximum loan amount offered by Miniloan is relatively low.
  • There may be high additional costs if customers make late or missed payments.
  • Miniloan’s borrowing policies and restrictions are quite strict.

User Reviews of Miniloan App

Customers have given mostly positive feedback about the Miniloan App, as follows:

Gideon Owusu: He believes the app is good and user-friendly, with a quick and efficient loan process. The automated application review system saves time for customers. He also praises Miniloan’s customer support service, which he finds to be quite good.

Ofori Agyekum: Ofori Agyekum appreciates that Miniloan offers various loan packages suitable for different needs, with favorable interest rates. The quick approval process and flexible repayment policies make it easy for customers to manage their finances.

Kpedator Florence: She complains about the slow disbursement process and finds the debt collection methods somewhat strict. She suggests that Miniloan should improve in these areas to ensure customer satisfaction.

Furthermore, some customers highly praise the speed and convenience of borrowing funds online through the Miniloan App. With no need to visit a bank or wait in long queues, a simple smartphone with an internet connection allows customers to apply for loans and receive money in a short amount of time.

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