Pngme is a credit scoring and loan app that offers financial services to borrowers in several African countries, including Kenya, Nigeria, and Ghana.
The app provides quick and accessible loans to individuals, entrepreneurs, and small businesses.
In this article, we will delve deeper into Pngme’s loan offerings, repayment options, and customer care contacts.
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Pngme Loans in Kenya
In Kenya, Pngme provides loans ranging from Ksh 500 to Ksh 50,000. The interest rate charged is between 1.25% to 10% per month or APR 15% to 120%.
This means that if you borrow Ksh 10,000 for 90 days at an interest rate of 1.25% per month, you will have to pay back Ksh 10,937.50, which includes the principal amount and the interest accrued.
To access Pngme loans in Kenya, you need to download the Pngme app from the Google Play Store and create an account.
Once you have created your account, you can apply for a loan, and your loan request will be processed within minutes.
If your loan request is approved, the money will be disbursed to your mobile money account, and you can start using it immediately.
Pngme Loans in Nigeria
In Nigeria, Pngme provides loans ranging from Naira 2000 to a maximum of Naira 200,000. Pngme charges an interest rate of between 1.25% to 10% per month or APR 15% to a maximum of 120%.
This means that if you borrow Naira 10,000 for 90 days at an interest rate of 1.25% per month, you will have to pay back Naira 10,937.50, which includes the principal amount and the interest accrued.
To access Pngme loans in Nigeria, you need to download the Pngme app from the Google Play Store and create an account.
Once you have created your account, you can apply for a loan, and your loan request will be processed within minutes. If your loan request is approved, the money will be disbursed to your bank account, and you can start using it immediately.
Pngme Loans in Ghana
In Ghana, Pngme provides loans ranging from GHS 300 to a maximum of GHS 6,000. The interest rate charged is from 1.25% to 10% per month or APR 15% to 120%.
This means that if you borrow GHS 1,000 for 90 days at an interest rate of 1.25% per month, you will have to pay back GHS 1,093.75, which includes the principal amount and the interest accrued.
To access Pngme loans in Ghana, you need to download the Pngme app from the Google Play Store and create an account.
Once you have created your account, you can apply for a loan, and your loan request will be processed within minutes. If your loan request is approved, the money will be disbursed to your mobile money account, and you can start using it immediately.
Repaying Pngme Loans
The repayment period for Pngme loans is from 90 days to a maximum of 180 days. When the repayment date becomes due, borrowers can pay from within the app as directed.
In Kenya, there’s no need to use Pngme paybill number. The app provides an easy-to-use repayment platform that allows borrowers to pay their loans on time.
Pngme Customer Care Contacts
If you need help from Pngme, you can contact them via email. The customer care email is support@pngme.com.
Pngme’s customer support team is available to assist you with any questions you may have regarding the app or loan application process.
Conclusion
In addition to providing loans, Pngme also offers credit scoring services that enable lenders to assess the creditworthiness of borrowers.
The app aggregates borrowers’ financial data from multiple sources, such as bank statements, mobile money transactions, and social media profiles, to create a comprehensive credit profile.
This makes it easier for lenders to make informed lending decisions and offer loans to individuals who may not have a credit history or collateral.
Overall, Pngme is a valuable tool for individuals, entrepreneurs, and small businesses in Africa who are looking for accessible and quick loans.
With its easy-to-use interface and fast loan processing times, Pngme is an excellent option for those who need financial assistance urgently. Its credit scoring services also make it easier for lenders to provide loans to individuals who may not have a traditional credit history.