🇺🇬 MoreSente Loan App - How To Apply, Repay, Interest rate, Contacts.
- 🇰🇪 Buy Now, Pay Later Apps In Kenya: Sevi Review 2023 - September 30, 2023
- How To Find NSSF Username & Password In 2023 - September 29, 2023
- 3 Top Platforms To Report Digital Lenders In Kenya For Quick Action - September 27, 2023
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