Fido is a free finance app created by Fido Solutions to help entrepreneurs and individuals get approved for quick loans without providing collateral, guarantors, or financial documents. To apply, you must be at least 18 years old with a valid Ghana card and a valid address in Ghana. 

Fido offers complete transparency on fees, allowing you to review your current costs before making any payments. Just install the app on your mobile device, sign up, and submit the requirements, and you're all set. The repayment period also ranges between a minimum of 90 days and a maximum of 180 days.

Get more benefits the more you use it

Upon first use, Fido will be granting a credit limit of up to GH₵200 GHS—which still depends on your assessment upon application—and can increase to GH₵3,000 GHS every time you repay your loans on time. As your Fido Score rises, your credit limit will also increase with lowered interest rates and more installment options, helping you better manage your finances.

Your loan will also be credited to your nominated mobile money account as soon as you are approved. The app supports MTN, AirtelTigo, and Vodafone mobile money accounts. You can also use these mobile money accounts to repay your loans. All you need is to go through the app's Help section to view the process. For other options, just tap the Make a Payment button and follow the instructions.

This finance app also comes with a chic and refreshing look, adorned with hot pink accents and an easy-to-use, straightforward interface. It's intuitive and displays everything about your current loan at a glance, including your current score, remaining credit limit, and more. With these features, tracking your loan applications and remaining payments are a lot easier and made more convenient.

A convenient instant loan app

Fido is an excellent way for anyone to get approved for a loan anytime without any complex financial documents. It's great for someone who wants to build their credit score or needs money for emergency or business purposes. Plus, users can accelerate their benefits as they continue to pay their loan dues on time, making it an overall rewarding system.