LoanPlus - Credit Made Simple

PLA LTD

About this app

LoanPlus is a financial service app designed to provide simple, secure, and accessible credit services to users in Uganda. Whether you need funds for unexpected expenses or personal needs, LoanPlus provides a convenient way to apply for and manage your loan.

Key Features
Simple Application
Apply directly through the app with a straightforward application process.
Clear Terms
View applicable interest rates, fees, repayment amounts, and loan terms before accepting a loan.
Flexible Repayment
Track your loan status and repay through available repayment channels.
Data Security
Your personal information is handled securely and protected with appropriate security measures.

How It Works
1. Apply Online
Complete and submit your loan application through the app.
2. Application Review
Your application is reviewed based on eligibility and credit assessment criteria.
3. Receive Funds
Once approved, the loan is disbursed directly to your registered mobile money account.
4. Repay Your Loan
View your repayment details and repay through the available repayment options.

Loan Details
Loan Amount: UGX 20,000 – UGX 1,000,000

Loan Term: 91 – 365 days

APR: 22% – 60%
The actual loan amount, term, and APR offered may vary depending on your eligibility and credit assessment.

Repayment Example
Loan Principal: UGX 1,000,000
Loan Term: 365 days
APR: 25.55%

Total Interest: UGX 255,500

Total Repayment: UGX 1,255,500
Calculation: UGX 1,000,000 + UGX 255,500 = UGX 1,255,500
This example is for illustration purposes only. Actual loan terms may vary based on the individual loan offer.

Customer Support
If you have questions about your application, repayment, or account, please contact us through the available support channels.
In-App Support: 9:00 AM – 5:00 PM, Monday to Friday

Corporate Headquarters: Kampala, Uganda

What’s new

Optimize the user experience of the app