Cash when you need it!

    With mjara you can borrow money safely and easily through your
    phone. There’s no paperwork or bank queuing involved.

We know a little extra money helps.
Getting cash is as easy as 1, 2, 3.

*To be eligible for mjara, you must have the same mobile number for 6 months or more

The more you use mjara, the more you can borrow!

Let mjara work for you

Get Started

Transparent Fees

Registration Fee

To qualify for a mjara loan, you must pay a registration fee of GHc 30.

It is collected in 3 instalments of GHc 10:

These three payments demonstrate that you keep your mobile money account filled when bills are due. Once the registration fee is paid in full, you can take loans starting at GHc 100. Your registration fee provides you with a lifetime membership with mjara!

Loan Fees

mjara Loans will add a small fee for each loan to cover processing and interest costs. The loan fee is 6% per month, which includes interest rate and processing fee.

Loan Repayment

Loan Repayment Schedule

You can choose to make weekly or monthly payments towards your loan. Your MTN Mobile Money wallet must have the amount due loaded by the due date to avoid penalties.

Loan Due Date

When you take out a loan and select a loan term, the due date will be displayed on your phone. You can also check when your loan is due by dialing *565*5# and visiting My Account. Full instalment of the repayment amount is due on the same day of the following week or month.

Example: One month loan with a weekly instalment plan

Loan is taken on June 5 with a weekly installment plan.

You have the option of weekly or monthly repayment schedule. In this example payments are due weekly on Thursdays.

The loan is due based on your loan term. In this example the loan due date is 4 weeks from when the loan was taken, also on a Thursday. You can take out a loan for as little as 2 weeks or as long as 3 months.



Loans taken out with mjara are required to be repaid according the term and loan repayment schedule selected.

mjara loans are repaid through an automatic deduction from the borrower’s MTN Mobile Money account. If the funds are not available in the borrower’s Mobile Money account by the due date, the borrower will be charged a penalty of 2% of the outstanding amount per day.

If a loan is in default, the borrower cannot access additional loans through mjara until the loan is repaid. Borrowers may also be subject to additional penalties under the law including fines, credit bureau reporting, blacklisting, posting of the borrower’s name on the mjara website, and submitting borrower information to other banks in Ghana.

What is Mobile Money?

What is Mobile Money?

MTN Mobile Money allows you to enjoy the ease and convenience of paying for services such as MiLife insurance, DStv, ECG bills, airtime, or signing up for mjara loans. Ensure that you have sufficient funds in your Mobile Money wallet to contribute to your mjara loans account.

How do I register for Mobile Money?

How do I register for Mobile Money?

It's easy and free! Simply register through any MTN Mobile Money Authorized Merchant, an MTN Service Center, or at Partner Bank Branches. You can also register with a Mobile Money Field Agent or mjara Loans Representative.

What people are saying about mjara loans

"I have been a customer of
mjara for some time now and I have
nothing but good things to say
about the company. They are true to
their word and are helpful anytime I
apply for a loan. Call on them for all
your short-term financial needs."
- Doku, 37, Driver, Madina.

"I have taken out two loans with
no hassles. All I have to do is dial a
short code. Registration was simple
and cheap.I recommend mjara!!"
- Favour, 35, Seamstress, Circle.

"mjara is very intriguing and
simple to use. Doing transactions
via mobile money makes me feel
very secure. I am very eager to
work with them."
- Patience, 40, Petty Trader, Makola.

Read More


See FAQs
or call 0540800222

to speak with one of our agents

Get Started