Last updated: July 2026
LendGhana is committed to responsible lending. We assess each borrower's ability to repay before approving any loan, in compliance with Ghana's Non-Bank Financial Institutions (NBFI) regulations and Bank of Ghana lending guidelines.
We use a AI-powered credit scoring system that evaluates multiple factors including:
Our interest rates range from 12% to 48% per annum (APR), determined by credit risk assessment. All rates are clearly disclosed before loan commitment. We do not charge hidden fees.
Repayment periods range from 1 to 24 months. We offer flexible payment schedules including weekly, bi-weekly, and monthly options. Early repayment is encouraged with no prepayment penalties.
A late fee of 2% per month (or part thereof) is charged on overdue amounts. Accounts more than 30 days overdue may be reported to the Ghana Credit Bureau. We will attempt to contact you via phone and WhatsApp before any adverse action.
We are committed to fair collections practices. We will work with borrowers experiencing financial hardship to find suitable repayment arrangements before escalating to external collection agencies.
LendGhana operates in compliance with all applicable Ghanaian laws, including the Banks and Specialised Deposit-Taking Institutions Act, the Data Protection Act 2012, and regulations set by the Bank of Ghana.