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LumaCash - Our Signature Product

LumaCash provides adaptable personal loan services through an easy, convenient application process.

Loan amounts: GHS 500 - GHS 100,000
Repayment: 3-24 months
Rates: up to 24% p.a. / 2% p.m.
LumaCash

Personal Loan Features

LumaCash is our sole personal loan product, designed for individual borrowers in Ghana.

Flexible Amounts

Borrow from GHS 500 up to GHS 100,000 based on your credit profile and repayment capacity.

  • GHS 500 - GHS 100,000
  • No collateral required

Transparent Rates

Clear pricing with no hidden fees. Your exact rate is disclosed during the application process.

  • Annual rate up to 24%
  • Monthly rate up to 2%

Flexible Repayment

Choose a repayment schedule that suits your budget, with the option to repay early at no penalty.

  • 3-24 month terms
  • No prepayment penalty
Details

Product Summary

Key terms for LumaCash personal loans.

LumaCash — Personal Loan Terms

Product
LumaCash (Personal Loan)
Loan Amount
GHS 500 - GHS 100,000
Term Length
3-24 months
Annual Interest Rate
Up to 24%
Monthly Interest Rate
Up to 2%
Collateral Required
No
How It Works

Simple Application Process

Secure your loan in just 4 easy steps.

1
Apply Online

Complete our easy online application form with your basic information.

2
Submit Documents

Upload the required documents via our secure portal.

3
Get Approval

We review your application and notify you of the outcome once the assessment is complete.

4
Receive Funds

Have your money paid out straight into your bank account.

Requirements

Eligibility Requirements

To be eligible for a loan with TEDLA MINI MART, you'll need to meet these basic requirements:

  • Ghanaian citizen or legal resident
  • Age 18 years or older
  • Valid Ghanaian ID (Ghana Card, Driver's License, or Passport)
  • Regular source of income (employment or self-employment)
  • Active bank account in Ghana
  • Valid phone number and email address

Additional requirements may apply based on the loan amount you request.