Mangu Cash - Loan Shark Review
Interest Rate 30%
Duration From 7 Days
Access Level Public
Company Name Mangu Cash
Phone 1
Phone 2
Website or Store
Address
Category Dangerous Loan
Company Email
Views 79

ManguCash-Instant Loan Online is a government-approved digital lending platform providing quick, collateral-free loans to Ugandan citizens. As a regulated financial institution, ManguCash offers transparent, short-term loans ranging from UGX 60,000 to UGX 400,000, with flexible repayment terms of 91 to 365 days.

Bank of Uganda Licensed
No Collateral Required
Instant Disbursement to Mobile Money
Data-Encrypted Security

Why Choose ManguCash?

1️⃣ Quick & Easy Loan Application

Apply in Minutes: Complete the process via smartphone

Minimal Requirements: Only a phone number & ID needed

Instant Approval: 90% of loans approved within 24 hours

2️⃣ Flexible Repayment Options

Loan Tenure: 91–365 days

Repayment Methods:

Lump-sum payment

Monthly installments (subject to approval)

Early repayment discounts available

3️⃣ Safe & Regulated by Bank of Uganda

Licensed under Uganda’s Financial Institutions Act

Fixed interest rates (15%–52% APR) – No hidden fees

Military-grade encryption protects user data

Loan Terms at a Glance

FeatureDetails
Loan AmountUGX 60,000 – UGX 400,000
Repayment Period91–365 days
Interest Rate (APR)15% – 52%
EligibilityUgandan citizens (18–63 years)
DisbursementMobile Money or Bank Transfer

How to Apply in 4 Simple Steps

1️⃣ Download 
2️⃣ Register with your phone number & National ID
3️⃣ Select loan amount & repayment period
4️⃣ Receive funds instantly upon approval

📌 No paperwork. No long queues. Just fast cash when you need it!


Step by step guide to break free from loan apps


Expert Counsel

The Uganda Government & Bank of Uganda (BoU) have issued strict warnings against predatory lending apps. Before borrowing, ensure:

Licensing: The lender must be BoU-approved (Check via www.bou.or.ug)
Fair Rates: Avoid apps charging above BoU’s recommended interest caps
No Harassment: Report lenders that threaten, defame, or illegally access contacts (Penal Code Sect. 81)
Transparency: Legitimate lenders must provide a loan agreement with all terms

Red Flags of Illegal Loan Apps:

No physical office in Uganda

Excessive interest rates (beyond BoU guidelines)

Demanding phonebook access (violates Data Protection Act, 2019)

 

 




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