FlyPesa - Loan Shark Review
Interest Rate 30%
Duration 14
Access Level Public
Company Name FlyPesa
Phone 1
Phone 2
Website or Store https://web.pesafly.com/
Address MH17, Gayaza -Kampala Rd, Kampala
Category Dangerous Loan
Company Email app-customer-service@pesafly.com
Views 25

Need quick cash in Uganda? FlyPesa offers fast, reliable loans from UGX 50,000 to UGX 1,000,000 with flexible repayment terms (91–365 days) and competitive interest rates (16%–32% APR). Download the app today and get money sent straight to your mobile money or bank account in minutes!

Why Choose FlyPesa?

Fast & Easy Loans – Get approved in minutes, no lengthy paperwork.
Flexible Amounts – Borrow from UGX 50,000 to UGX 1,000,000.
Convenient Repayment – Repay via mobile money in installments.
Build Your Credit – Responsible borrowing unlocks higher loan limits.
Trusted by Millions – A leading digital lender in Uganda.

How FlyPesa Works – Get Money in 3 Simple Steps

1️⃣ Create Your Account

Fill out a quick online form in under 2 minutes—no collateral required.

2️⃣ Apply for a Loan

Select your desired amount (up to UGX 1,000,000) and submit for instant approval.

3️⃣ Receive & Repay

Money is sent directly to your mobile money or bank account. Repay in flexible installments.

FlyPesa Loan Details

Loan Amount: UGX 50,000 – UGX 1,000,000
Loan Term: 91 to 365 days
Interest Rate: 16% – 32% per year (lowest in Uganda)
Repayment Method: Mobile money (MTN, Airtel, Africell) or bank transfer

Financial Inclusion for All Ugandans

FlyPesa is committed to financial inclusion in Africa, providing fast, transparent loans to help Ugandans meet urgent needs—whether for business, education, medical bills, or emergencies.


Step by step guide to break free from loan apps


Expert Counsel

STOP PAYING ILLEGAL LOAN APPS IMMEDIATELY! If you're still repaying these digital lenders after reading this, you're being misled. I've studied Uganda's money lending laws thoroughly, and I can confirm: We're winning the fight against predatory lenders this year!

When Loan Agreements Become INVALID in Uganda

Under Uganda's laws, your loan contract may be unenforceable if any of these conditions apply:

1️⃣ Unlicensed Lender Operation

The Uganda Microfinance Regulatory Authority (UMRA) requires ALL lenders to be licensed.

Any loan app without UMRA/Central Bank approval is ILLEGAL – you're NOT legally obligated to repay!

2️⃣ Exploitative Interest Rates & Hidden Fees

The Bank of Uganda caps interest rates for regulated lenders.

If your loan app charges more than 24% annual interest (or adds hidden fees), the contract is VOIDABLE.

3️⃣ Fraud or False Promises

Did the lender lie about terms? Hide repayment conditions?

Under Uganda's Contract Act, deceptive agreements are not legally binding.

4️⃣ Privacy Violations & Harassment

Loan apps CANNOT shame you by messaging contacts!

Uganda Data Protection Act makes this a CRIME – report offenders to Uganda Communications Commission (UCC).

5️⃣ No Proper Loan Agreement

By law, loans must have clear written terms signed by both parties.

If you only clicked "I Agree" in an app, the contract may be unenforceable.

6️⃣ Threats or Intimidation

If lenders blackmail you ("We’ll tell your boss!"), the agreement is VOID under Section 18 of Uganda's Contracts Act.

7️⃣ Lending to Minors (Under 18)

Any loan given to a minor is automatically invalid – no court will enforce it.

WHAT TO DO IF YOU'RE BEING EXPLOITED

STOP PAYING illegal lenders immediately.

SCREENSHOT all harassment (messages, calls).

REPORT to:

Bank of Uganda (financial regulation)

UCC (for privacy violations)

Police Cyber Unit (for threats)

UGANDANS, FIGHT BACK!

These loan apps rely on fear – but THE LAW IS ON YOUR SIDE. Share this info widely!

📢 Tag & Share:
#StopLoanAppHarassmentUG #UgandaDebtRights

Need help? Comment below – we’ll expose more illegal lenders! 🔥




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