MpaCash

Tempotech

About this app

The MpaCash is a user-friendly and trustworthy platform that provides a convenient way to access money whenever you need it. To apply for a loan through the MpaCash app, you will need the following:
1. A National ID Card
2. A mobile money account registered in your own name
3. The app accepts both MOMO and Airtel mobile money wallets
4. You must be a citizen of Uganda and over 18 years of age.

Here's how to apply:
Download the app and fill in your details just once.
Register using your personal information and apply in seconds.
If your application is approved, you will receive the loan directly into your mobile money account.

The MpaCash app allows you to apply for credit anytime and anywhere, as it operates 24/7. Once your loan is approved, you will receive the funds on your mobile device. The loan amount can range from UGX100,000 to UGX500,000, with repayment periods ranging from 91 days to 365 days. APR for the loan varies between 12% and 24%
For instance, for a 365-day loan with a UGX100,000, the APR is 20%.
Here are the detailed loan terms:
Loan sum (principal): UGX100,000
Total interest: UGX100,000*20%=UGX20,000
Total payment: UGX100,000+UGX20,000=UGX120,000
Total Payment Duration: 365 days

If you have any feedback, questions, or concerns, you can contact MpaCash through email at [e-mail]. The address of their office is NP36C+XY, Katuba, Uganda

Ratings and reviews

This is probably the worst credit app I have come across. One with so much hidden charges that literally doubles or triples the actual amount disbursed in your MM. I would not recommend anyone to attempt this app at all. And to make matters worse they will even give you the cash before you approve of the loan, so long as you register

How do you send money to someone who has not applied, just because they have signed up!!! Charges are too high, but once you sign up, no option of leaving the app without taking a loan. I had even uninstalled the app after seeing the charges, but they went ahead and sent the money, which is even close to half of what they demand. This app is terribly bad.

These guys are real and too fast. Their app is super 👌 👍 effective. Thanks guys. Though reduce on the interest and increase on the days.