What is MoKash?
MoKash is a service provided by MTN that allows customers to save and borrow money conveniently using their mobile phones. The customer is not required to visit a bank to complete forms. MoKash provides you with a Loan Limit that you may not exceed. This loan limit is determined by how much money you save in your MoKash account, your repayment behavior when you get MoKash loans, and your usage of Mobile Money and other MTN services
How to Get Loans with MoKash
Getting a loan through MoKash is easy and straightforward. Here are the steps:
- Dial 1655# on your MTN line.
- Select MoKash.
- Select Loans.
- Select Option 1, then go ahead and request a loan.
- Enter the amount you wish to borrow.
- Enter your pin to confirm.
Checking your MoKash loan credit limit
To check your MoKash loan credit limit, follow these steps:
- Dial 1655# on your MTN line.
- Select option 1 (MoKash).
- Select option 2 (Loans).
- Select option 3 (to check credit limit).
MTN MoKash is a convenient and easy way to access credit in Uganda. By following the steps outlined above, you can quickly and easily get a loan through MoKash. However, it is important to remember that loans should be used responsibly and only when necessary.