ManguCash-Instant Loan Online 2.0.5

1. Download and install the Mangucash App.

2. Register using your phone number.

3. Verify your identity through the application.

4. Receive funds directly to your e-wallet.

5. Repay your loan using the Airtel or MTN phone number you used during sign-up, according to the borrowed amount.

Loan Applicant Requirements:

• Age between 20 and 60 years
• Ugandan Citizenship

The Loan App Provides:

• Loan Amount: Ugx60,000 - Ugx 400,000
• Loan Term: 91 - 365 days
• Interest Rate: 0%
• Annual Percentage Rate (APR): Minimum 15% - Maximum 52%

Example: If borrowing Ugx160,000 with a loan term of 180 days and an APR of 50%, the total service fee would be Ugx160,000 * 50% / 2 = Ugx40,000. The total repayment amount would be Ugx160,000 + (Ugx160,000 * 50% / 2) = Ugx200,000.

- For one-time repayment: Pay Ugx200,000 after 180 days.

- For monthly repayments: Monthly amount due would be Ugx200,000 / 6 = Ugx33,333.33.

Loan Principal: Ugx160,000 (180 days)

Loan Fee (total fee of the loan): Ugx40,000 (25% interest rate)

Total Payable Amount: Ugx200,000

APR: 50%

Privacy and Permissions:

When you download the Mangucash app, you will be required to scan your financial SMS and other information for identity verification and reputation assessment to ensure reliable loan services in Uganda. We uphold strict privacy standards, and your personal information will never be shared without your explicit consent.

Contact Us:

• Email: [email protected]
• Address: 5 Kafu Rd, Kampala, Uganda
• Privacy Policy