How To Borrow MTN GH Mobile Money Loan 2023-2024

Estimated read time 2 min read

In this guide, we will be enlightening our readers and blog visitors with the steps to borrow money from MTN Ghana with their “Qwikloan, Xpressloan and Ahomkaloan” loan offers. This is only available for only MTN Ghana users.

Not all MTN users are allowed to get this type of loan. To be eligible to get this kind of loan you have to use your MTN momo continuously in other to be eligible in the mere future.

 This is just like a Bank credit score, using your MTN momo will increase your credit score. And as time goes on you will be become eligible to take big loans like GHS 1,000cedis.

How To Borrow or Get  MTN GH MoMo Loan

How To Borrow On MTN Momo

1. Dial *170#

2. Select Option 5  (Financial Services)

3. Select Option 3  (Loans)

4. Select any of Option 1-3 (Qwikloan, Xpressloan, Ahomkaloan)

5. Select Option 1  (Get a Loan)

6. Enter Your Momo Pin to Confirm

7. Type in The amount you are willing to Borrow

8. Select Option 1  (Confirm)

Once you are eligible and have completed the above steps without making any mistake, you will receive the amount of money you wanted as a loan in your account in your MTN MoMo account.

There are terms and policies for this loan given out to qualified MTN Ghana users. Remember, after taking the loan you have only a month to pay it back.

Failure to do so,  additional fees will be added to the amount you are already owing. And the money will be deducted from your account automatically as soon as you receive any amount of money through your MTN MoMo.

I am not sure MTN Ghana has a fixed interest rate on loans they give their customers because they give out loans according to the user’s loyalty. To check the interest rate all you need to do is to follow the above-provided steps and the type in the amount to want to borrow and see the interest rate pop-up.

 You are also permitted to share this short guide with your friends and families on all social media platforms…

Read Also:

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Michael Rashaan is a webmaster and co-founder of Kbroda Tech Groups. I currently hold a double major degree in Information science and Political science. During my Information science days at the university, I got enlightened more on how vital and powerful information is to human and businesses. As an information science graduate, I love to give out information that seems important for free through my research-oriented blog posts. Another part of me is, I also love to give back to the society, even though I don’t have much. This has made me develop the habit of writing and publishing. I see this to be the little role I play to make the society better. Contact me on

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