PesaNow – Fast Cash Loan App

OZ TECH

About this app

PesaNow offers convenient and reliable access to personal financial services through a fully digital platform. Our app allows eligible users to apply for financial support with clear conditions and transparent pricing.
🔹 Why Choose PesaNow?

✔ Straightforward eligibility assessment

✔ No collateral required for approved applicants

✔ Transparent pricing with no hidden charges

✔ 100% online application process – available anytime, anywhere 🌍

🔹 Eligibility Criteria:
* Must be a Ugandan citizen
* Aged between 18 and 60 years
* Hold a valid National ID and an active mobile wallet account

🔹 How to Apply:
1. Download the PesaNow app
2. Register and complete the credit evaluation form
3. Wait for the review process ⏳
4. Upon approval, the funds will be disbursed directly to your account

🔹Loan Product Description

-Loan Amount: ranging from UGX 20,000 to UGX 1,000,000

-Loan Period: 91 to 365 days

-Annual Interest Rate: 22%-52%

-Daily interest rate:

At an annual rate of 25%, the daily rate is approximately 25%÷365 =0.0685%.

At an annual rate of 32%, the daily rate is approximately 32%÷365 = 0.0877%.

🔹Example calculation:

Loan Term: 120 days

Loan Amount: UGX 1,000,000

Annual Interest Rate: 31.5%

Daily interest rate: 31.5% ÷ 365 = 0.0863%

Total Service Fee: UGX 0

Total Interest: UGX 1,000,000 * (31.5% / 365) * 120 = UGX 103,560
Total Due Amount: UGX 1,103,560

🔹Need Help? We’re Here for You! 🤝
If you have any questions or need assistance, feel free to reach out through the following channels:
• In-App Support—Available Monday to Saturday, 9:00 AM – 6:00 PM
Our team is ready to assist you during business hours.

What’s new

Optimize the overall user experience of the app