Mobile telecommunications network, MTN has been providing financial supports to the users of the network over the years in the form of monthly soft loans. Here are the MTN momo loan shortcodes to assist you in applying for a loan.
The idea behind this great initiative is to ensure that everyone on the network has a decent living in the harsh economic conditions of Ghana as exposed also by the covid-19 pandemic and other economic factors.
To be able to access this loam service, one must meet the company’s eligibility criteria and this can sometimes be frustrating but just has to do with time and consistent usage of the services of the network more especially mobile money.
MTN Momo Loan Eligibility Criteria
To be eligible for a loan from MTN, you must meet these criteria:
1. Be an MTN service user
2. Be a registered mobile money user
3. Must have used the services for at least a period of three months
4. Must constantly use mobile money to prove how trustworthy you are
MTN Momo Loan Shortcodes
To get a loan from MTN momo, you must, first of all, know the code used in applying before moving on to apply and getting hooked onto the service. To apply, the shortcode to use is *170#.
Momo Loan Application
This is basically how to apply for a loan from MTN. Remember you must first register for the loan before applying. To register;
1. Dial *170#
2. Select option 5
3. Select loans
4. Select register and follow the prompts to get on board
Now that we are registering you, let us look at how to apply for a loan, our main task:
1. Dial *170#
2. Select option 5
3. Select loans on option 3
4. Select the type of loan you want from a list of three options
5. Select get a loan
6. Enter your Mobile Money PIN Number to confirm
7. If you are eligible, type the loan amount you want.
