AgyenkwaSika Loan App: Fast and Flexible Financing
Product Description:
- Loan Amount: GH₵ 200 to GH₵ 5,000
- Loan Terms: Available for 3, 6, 9, and 12 months
- Daily Interest Rate: 0.01%
- Annual Interest Rate (APR): 24%
- Management/Platform Fee: 0.01%
Interest Rates:
- APR Range: 17% to 29% per year
Example Calculation:
For a GH₵ 10,000,000 loan over 12 months at 0.01% daily interest:
- Profit Sharing: 24% = GH₵ 2,400,000
- Platform Fee: 12% = GH₵ 1,200,000
- Total Loan Principal + Interest: GH₵ 12,400,000
- Total Payment Amount: GH₵ 13,600,000
- Monthly Installments: GH₵ 1,133,333
Note: Borrowers have the flexibility to prepay at any time, which may reduce fees.
Loan Application Requirements:
- Ghanaian Citizen.
- Age: Between 18 and 60 years old.
- Income: Salary or self-employed with a regular source of income.
Interest and Fees:
- APR: Up to 30%, based on the customer’s credit score.
- Service Fee: 1% to 9%, depending on the customer’s credit history.
- Membership Fee: None.
- Penalties: Charged only for delayed payments.
How to Apply:
- Download: Install the FiCashX app from the Play Store.
- Sign Up: Register using your phone number.
- Fill Information: Provide your basic details.
- Agreement: Accept and electronically sign the agreement, pending approval.
- Receive Funds: Access your loan once approved.
Contact Us:
- Address: CCWP+89, Dawadawa, Ghana
- Customer Support Email: help@ficashx.com
Download the AgyenkwaSika app today for a seamless and flexible loan experience!