BloomKash

BloomKash is a revolutionary mobile application designed to provide seamless access to credit for users in Ghana. With this app, you can easily apply for loans and manage your finances from the convenience of your mobile device, anytime and anywhere.

Loan Products

Tenure: The repayment period for loans ranges from 91 days to 365 days, giving you ample flexibility to manage your repayment schedule.

Loan Amount: You can apply for loan amounts ranging from GHC 65 to GHC 1,000, catering to various financial needs.

Interest Rate: The interest rate on loans is calculated on a daily basis, with a minimum of 0.1% and up to 1%. This translates to an annual interest rate ranging from 36.5% to 360%.

Origination Fee: A one-time origination fee is charged, ranging from GHC 23.7 to GHC 365, depending on the loan amount.

Example

For a 91-day loan with a principal amount of GHC 65, the processing fee is 36.5% and the interest rate is 2.8%. The processing fee would be GHC 23.7, and the interest would be GHC 1.8, bringing the total amount due to GHC 90.5.

Why Choose BloomKash?

Credit-Based Loans: You can apply for loans based solely on your credit, without the need for deposits or guarantees.

Quick Disbursement: Loans of up to GHC 1,000 are quickly disbursed to your bank account.

Digital Process: The entire application process is paperless and can be completed digitally on your mobile device.

Data Security: Your personal data is safe with BloomKash; it will not be shared with third parties without your consent.

Repayment Reminders: BloomKash sends reminders to help you keep track of your repayment schedule.

How It Works

Install the App: Download and install the BloomKash app from the Play Store.

Register: Create an account by providing your basic details.

Select Loan Product: Choose the loan product that suits your needs.

Submit Application: Fill out your basic information and submit the loan application.

Verification: You may receive a call for verification. The final result of your application will be displayed in the app, and you will be informed by SMS if approved.

E-Sign Agreement: Once approved, e-sign the loan agreement.

Disbursement: After e-signing, the loan amount will be disbursed to your account, and you will receive an SMS notification.

Eligibility Criteria

To be eligible for a loan from BloomKash, you must:

Be a resident of Ghana.

Be between 20 and 55 years old.

Have a source of monthly income.

Contact Us

For any inquiries or support, you can reach us at:

Customer Service Email: help@bloomkash.com

Customer Service Hotline: +233 307000566

Address: Solis House, Adembra Road, East Cantonments, Accra, Ghana