Applying for Fido credit

Why get personal credit from Fido?
FAST - Get approved within minutes CONVENIENT - Apply from the app anytime, anywhere EASY - No application fees, No collateral,  No guarantors TRANSPARENT - Review the full cost before applying, with no hidden fees
How do I apply for personal credit with Fido?
To apply for a Fido credit, kindly follow these steps: Register Install the Fido App from the Google Play Store and Apple App Store using this link: DOWNLOAD Register your Fido Account by providing a valid mobile number, then wait for the one-time code we will send to your phone number to ve...
What are the requirements for applying for Fido credit?
To apply for personal credit with Fido, you will typically need to meet the following requirement: You must be a Ugandan citizen, living in Uganda. You must be at least 18 years old. Have an active mobile money wallet (MTN Mobile Money and Airtel Money), registered in your name. Have a vali...
What is the maximum credit amount I can get?
First-time customers can receive a maximum credit amount of UGX 45,000. By consistently making timely payments and strengthening your financial profile/track record with us, you can improve your credit score and draw up to UGX 1,400,000  from your personal credit line. To check how much y...
How long will it take to approve my credit?
Approval usually takes a few minutes at most after you complete and submit your credit request. Pay attention to the feedback you receive in the app after submitting your credit request. This would tell you if any further action is required of you to receive the credit.
What are the fees and interest rates charged on Fido credits?
Fido has a very transparent fee structure that users can review before submitting a credit request. Fees and rates may vary for different customers based on each person’s credit assessment and payment history. Kindly confirm the fees and interest on your credit before submitting the credit appli...
What is an installment Credit?
Installment credits are a way to make repaying larger credits easier for some Fido customers. Customers who are eligible for installment credits will have the option in the app to choose multiple payments instead of 1 payment that is due in a month. Fido offers up to 6 months installment opti...
How soon can I apply for another credit after repaying my current credit?
Once you fully repay your outstanding balance, you can usually access another credit immediately. However, in some cases, based on our credit approval policy, you may need to wait until your scheduled due date before borrowing again. If you’re unable to draw credit right after repayment, here a...
My credit was not approved, what can I do?
We understand that not getting approved can be disappointing, but don’t worry, this doesn’t mean you can’t get credit in the future. In most cases, your request was not approved because we don’t have enough information to make a decision. What Can You Do? Check your feedback in the Fido App: ...
My credit was approved! What should I do next?
Congratulations on receiving your credit! This is a great opportunity to build a good relationship with Fido by repaying your credit on time when it is due. Doing this will improve your Fido Score and qualify you for a personal credit line that offers higher credit limits with lower interest rat...