Palm Loan

GATED INTELLIGENCE LTD

About this app

Palm Loan – A Smarter Way to Borrow for Ghanaian Users

No complicated processes, no hidden terms. From understanding your options to submitting your application, every step is clear, convenient, and under your control. Whether for daily expenses or urgent needs, just open the app and complete the process in a few steps.

Get Started in 3 Steps
Be 18 years or older and hold a valid Ghana Card
Register an account with your mobile number
View loan options and submit your application

Key Features
Browse various loan products with detailed descriptions
Submit documents online – no need to visit any physical location
Track your application progress in real time
Receive automatic notifications of review results

Loan Parameters
Loan amount: 100 – 5,000 GHS (subject to approval)
Term: 91 – 210 days
Annual Percentage Rate (APR): 24% – 30%

Fee Example
Loan amount: 1,000 GHS | Term: 180 days | APR: 25%
Estimated interest: approx. 123 GHS
Total repayment at maturity: approx. 1,123 GHS
This example is for illustrative purposes only and does not constitute a guarantee.

Disbursement Method
Once approved, funds will be sent to your linked momo account (supports MTN MoMo, Vodafone Cash, AirtelTigo Cash, etc., depending on availability).

Eligibility
Age 18 or older
Legal resident of Ghana
Hold a valid Ghana Card
Have a verified momo account
Have basic repayment capacity

Privacy Commitment
We collect only necessary information and take reasonable measures to protect data security. Your personal information will not be shared with any third party without your authorization.

Ratings and reviews

Advertised loan amount is misleading. You don't actually receive the full amount shown. After service fees are deducted, you only get around 70% of the advertised loan, yet you're expected to repay the full amount plus high interest. It feels deceptive and very unfair. I wouldn't recommend this app. Very misleading app. The service fees and interest are extremely high. When you pay for a loan extension, it doesn't reflect on your account, yet you're still expected to repay the full loan

this loan app is good especially when requesting for loan but the interest is too much and the money that you received after requesting what you want too is not good. you will receive like 70% of the amount that u requested for and pay for the remaining 30% interest too which is not good

you should increase the duration from 1 week to one month and your loan amount, because nobody can't use less than 1 week to work and get that interest and service fee you are charging