Fido 1.64

Fido is licensed by the Bank of Ghana, Bank of Uganda, and the National Credit Regulator (South Africa). We provide opportunities for growth in Africa by revolutionizing the way individuals and entrepreneurs create, manage, and accumulate wealth. Experience instant financial services including access to business credit, savings, personal credit, and convenient, cost-effective payments. Take control of your finances and unlock enhanced offerings from Fido and our partners by building your financial track record with Fido Score.

Here's a breakdown of what we offer:

1. Fido Business: Accelerate your business growth with Fido Biz Loans, with up to GHS 5,000 to propel your business forward.
2. Fido Score: Establish your financial track record and take charge of your finances with Fido Score. Take steps to improve your score and unlock enhanced offerings from Fido and our partners.
3. Fido Savings: Utilize our high-interest savings product to make your money work for you and prepare for the future.
4. Personal Credit: Gain access to an instantly pre-approved GHC100-3,500 credit line to meet your needs. It's quick, easy, transparent, and hassle-free.
5. Fido Payments: Effortlessly pay bills, purchase data and airtime while boosting your Fido Score with every transaction.
6. Refer and Earn: Spread the word and invite friends and family to join the Fido community. Earn rewards as you do.

To sign up for Fido, follow these steps:

1. Download the Fido App and register just once.
2. Confirm your details with a valid ID (NIN/Ghana Card) and address.
3. You must be above 18 years of age.
4. Complete the Fido Score assessment.
5. If you are a business, provide complete business information.
6. Please note: Minimum repayment period is 90 days, and maximum repayment period is 180 days.
7. We accept payments via MTN, AT, and Vodafone Mobile Money wallets.

To repay your Fido loan:

1. Log into the Fido App and select the "Make a Payment" button. Follow the prompts to complete your payment.
2. You can also dial *998# to initiate repayment.
3. For alternative options, such as using the MTN, AirtelTigo, or Vodafone menus, refer to the repayment process in the Fido App's "Help" section.

Protect yourself from fraud:

• ❌ Do not make any deposits to agents; Fido is a 100% mobile app!
• ❌ Do not use a mobile money number that does not belong to you.
• ❌ Do not use someone else's Ghana Card.
• ❌ Do not apply on behalf of someone else.

Fido personal credit and business loans are designed to support entrepreneurs and individuals with their day-to-day needs, not long-term debt obligations. The maximum Annual Percentage Rate (APR) for the highest loan amount is 70%. This is calculated based on an interest rate of 0.299% per day. The processing fee per credit is 26 GHS, and there is a Deductible Commitment fee of 1.4%.

Representative Example:

A borrower who receives a credit line of 3,500 GHS for a 180-day term will be charged an interest rate of 0.299% per day, amounting to 1,203 GHS over 180 days. Additionally, there is a processing fee of 26 GHS, resulting in a total repayment of 4,729 GHS. A deductible 1.4% commitment fee is applied, deducting 49 GHS from the principal.

In summary: Borrowed amount (3,500 GHS) minus commitment fee (49 GHS) plus interest (1,203 GHS) and processing fee (26 GHS) equals total payment (4,729 GHS). The borrower has the flexibility to make early repayments at any point, which may reduce the aforementioned interest.

Contact us at +233-0596922420 or visit www.fido.money for more details.

The privacy and confidentiality of your personal information and data are important to us. We are certified by the Data Protection Commission and hold an ISO 27001 certification.

For more information, please visit: https://www.fido.money/legal-pages/privacy-policy-statement.