🇺🇬 MoreSente Loan App [2023]- How To Apply, Repay, Interest rate, Contacts.

MoreSente is among the digital loan apps in Uganda available in the playstore. Developed by Satra Finance Private Limited and released on January 2023, the app has gained 50K+ downloads with over 100 reviews and a 4.0/5 star rating.

Pros: App receives regular updates and is considerably small with a download size of about 8MB

Cons: App privacy concern issues arising due to permission requests required by the app upon installation.

MoreSente Loan Requirements/Eligibility Criteria

To access the loan, you must be a Ugandan citizen over 18 years old with an active bank account.

MoreSente Loan Registration & Application

Download the MoreSente app from the playstore, create your account by providing all the registration details required within the available sections. Once your account has been created, proceed and apply for a loan.

Pros 1: Registration process is simple

Pros 2: Quick loan application, approval and disbursement process

MoreSente Loan Amount Limits

The app provides loan amounts of between UGX150,000 to UGX250,000

Pros 1: Loan limit increases upon timely repayments

Cons 1: Loan amount received is less compared to the actual approved loan amount since the service fee charge is deducted prior to disbursement. e.g If you apply for UGX10,000, you will receive around UGX6,000 and repay around UGX10,000

MoreSente Loan Interest Rate

Interest rates range between 25-30%

Cons: This interest rate is considered higher compared to other digital lenders.

MoreSente Loan Repayment Duration

The app has a loan repayment tenure period of eight (8) days

Cons 1: Incessant calls & SMS reminders regarding your loan due date

MoreSente Loan Contact

Mutungo Tank Rd, Kampala,Uganda
Email: loan.uga.service@gmail.com
Tel:(256) 701622746

Note: The Pros & Cons provided in this review have been generated from actual playstore reviews and personal experiences from a section of our readers. We are neither associated with the loan provider nor aim to discredit it. Discretion to use/shun the app is left entirely to the borrower. Remember, Borrow Responsibly!