The rules every borrower follows.
Please read carefully before you apply. We hold every borrower and investor to the same standard — that is exactly what keeps rates fair and money moving.
Please read
Nine things every borrower agrees to.
- 01
You must be 18 or older
Loans and investor accounts are open only to adults aged 18 years and above with a valid Ghanaian ID.
- 02
Borrow within your income
Only apply for what you can comfortably repay from your regular income. Your quote shows the exact installment before you apply — check that it fits your budget first.
- 03
KYC verification is required
Before your first loan is disbursed, you must complete identity verification with your Ghana Card and a clear photo of yourself. Some larger products also require a guarantor.
- 04
Give accurate information
Your application details — income, employment, MoMo number, guarantor — must be truthful. False information leads to rejection and can bar you from future loans.
- 05
Pay every installment on time
Installments are due on the schedule in your loan agreement, weekly or monthly. Pay via Mobile Money from your dashboard. We send reminders, but the responsibility to pay on time is yours.
- 06
Grace period, then late fees
Each product has a published grace period of a few days after a missed due date. Once the grace period passes, the product's fixed late fee is added to that installment.
- 07
Default has consequences
Persistently unpaid loans are marked as defaulted. Defaulting blocks you from new loans, may involve your guarantor, and can lead to recovery action. Talk to us early if you're struggling — before a payment is missed.
- 08
Early repayment is allowed
You may clear your outstanding balance ahead of schedule at any time. Finishing early never attracts a penalty.
- 09
On-time payment builds your limit
Your repayment record determines what you can borrow next. Consistent on-time payers unlock bigger amounts, longer terms, and faster approvals.
Strictly enforced
Default policy
A loan left unpaid beyond its grace periods is marked as defaulted. Defaulters cannot take new loans, guarantors may be contacted, and we reserve the right to pursue lawful recovery of what is owed. Every cedi we recover protects the investors whose money funds these loans. If you are struggling, contact us before you miss a payment — we would always rather restructure than recover.
What investors sign up to.
The short version of how investor accounts work. Full terms are agreed with Kim when your account is opened.
Your interest rate is agreed with Kim when you open your investor account — typically a fixed rate per month on your balance.
Interest is credited monthly and recorded in your ledger. Your dashboard shows principal, accrued interest, and every transaction.
Deposits and withdrawals move via Mobile Money. Withdrawals are honoured on request; larger amounts may need a short processing window.
Investor accounts are KYC-verified, the same standard we apply to borrowers.
Everything is priced before you commit
Interest rates, processing fees, late fees, and grace periods are published on every loan product, and your personal quote shows the exact cedi amounts before you apply.
The processing fee is deducted once, from the disbursed amount. Your total repayable is fixed at approval — repaying on time never costs more than the number you agreed to.
Agree to the rules? Let's get you started.
By applying for a loan or opening an investor account with Kim Loans, you agree to all the rules on this page.
Questions? Call or WhatsApp 054 904 4782 or 053 976 7326