Amibillion: Instant Loan App

Amibillion

About this app

AmiBillion is a direct lending app designed specifically for Ugandan users, aimed at providing "reliable loans service" Our goal is to offer safe and fast borrowing services to help users solve urgent financial needs. AmiBillion allows you to borrow with peace of mind and handle your financial challenges easily.

With AmiBillion, you can apply for loans up to 800,000 UGX. The application process is simple and takes just three steps—apply online, get approved, and receive your loan. No collateral is needed, you don't need to leave your house, and there are no prepayment penalties. We are committed to providing low-interest, high-quality loan products to help you manage your finances and reduce the stress of repayment.

Choose AmiBillion, and rest assured you won't be burdened by high-interest loans. Our loan products are affordable, with clear terms, and designed to meet your needs.
Loan Use Cases:
- ① Working capital for business;
- ② Credit card debt;
- ③ Medical expenses;
- ④ Travel and vacations;
- ⑤ Education costs for children;
- ⑥ Birthday celebrations;
- ⑦ Everyday essentials;
- ⑧ Home renovations, etc.
Who Should Use AmiBillion:
- ① New mothers: Struggling with expenses like baby formula and other post-natal costs;
- ② University students: Facing life pressures or needing extra funds for studies or buying gifts for loved ones;
- ③ Self-employed entrepreneurs: Struggling with cash flow for their businesses;
- ④ Low-income blue-collar workers: Concerned about children's living expenses or home improvement costs;
- ⑤ Low-income white-collar workers: In need of funds for everyday necessities or gadgets.
If you find yourself in any of these situations, AmiBillion is here to help! Borrow with confidence and solve your current financial problems.

Key Features of AmiBillion:
- Apply Online Anytime: Available 24/7, no need for in-person meetings, just a few clicks and you're done.
- Low-Interest Loans: Flexible loan amounts, with transparent and affordable interest rates starting at 0.074% per day, and an APR starting at 27.01%. Easy to repay.
- No Collateral, Fast Approval: No need to provide any collateral, and your loan is disbursed on the same day after approval.
- Convenient Repayment: Multiple repayment options including mobile money (MTN Mobile Money, Airtel Money) and bank transfers. Repay anytime, anywhere.
Product Details:
- Eligibility: Applicants must be 20 years or older.
- Loan Amount: 50,000 UGX - 800,000 UGX.
- Loan Term: From 90 days to 180 days.
- APR Range: 27.01% - 31%.
- Interest Calculation Example: For a 90-day loan with a loan amount of 800,000 UGX, the total interest will be 53,280 UGX. The daily interest rate is 0.00074, and the APR is 27.01%.
- Total interest over 180 days: 800,000 * 90* 0.00074 = 53,280 UGX.
- Total repayment (principal + interest): 800,000 UGX + 53,280 UGX = 853,280 UGX.
- Repayment Options: Choose lump sum repayment at the end of the loan term. You can repay online anytime to make the process as convenient as possible.

Convenient Repayment Methods:
We support multiple repayment channels including mobile money (MTN Mobile Money, Airtel Money), bank transfers, and other online payment methods. You can repay easily, wherever and whenever you want.

Contact Us:
If you have any questions or need assistance with the app, feel free to contact our customer support team:
- Customer Support Email: [e-mail]
- Customer Service Center:Lokwang Road, Moroto District, Uganda
- Privacy Policy: https://www.amibillion.com/en/privacy-policy

AmiBillion is your trusted lending platform—borrow with confidence and take care of your financial needs today!

Ratings and reviews

I've had the worst experience with these guys. I was using a certain app when their advert popped up showing that their interest rates were very low and of course it caught my attention so I downloaded the app, filled my information thinking well in case of a rainy day the app would come in handy. So after filling in all my information I realized it was all lies , the interests were so crazily high but before I even asked for the loan these guys sent me their money ugx157000 meaning I had to pay

It's a nice App, but the service fee charged is too high. For instance when you borrow 100k, you only receive like 50k the rest you remain with it mbu Service fee. yet you have to pay the whole 100k plus the charge.

The adverts are misleading, they tell you interest rates are 10% or less but actusl they go as far as 40% no matter how long you hvave used it, i wouldn't recommend it. they start demanding you to pay a day before with floods of call, texts from different numbers including calling people in your contacts despite the fact that you already talked to them some evrn abuse. other lending apps give you a chance to extend due date incase you failed to raise money by due date ,this one does not.