Mach Online Loan: How to Apply, Requirements, App and more

Are you looking for a loan but don’t want to go through the hassle of visiting a bank or other traditional lender? Mach Online Loan might be the perfect solution for you! Mach Online Loan is an online lending platform that makes it easy and convenient to apply for loans from the comfort of your own home. In this blog post, we will discuss everything you need to know about Mach Online Loan, including how to apply, the requirements, and the app.


  1. Applicants must be at least 18 years of age.
  2. You must provide valid government-issued identification card.
  3. You must have an active MoMo account with your name.
  4. You must have a steady and verifiable source of income (such as a job, self-employment, benefits, etc.).
  5. You must be a Ghanaian.
  6. You must have a valid email address.
  7. You must have a valid phone number.

How to download the app

  1. Visit google playstore on your phone
  2. In the search bar section, type in MachLoan and search.
  3. The app will show up after a successful search.
  4. Click on download and wait for the app to successfully download.
  5. Now, open the app and register using your mobile number
  6. Wait for a verification code and type it inside where required
  7. You will now the given a dashboard where you can apply for your loan.

How to apply

The application process for MachLoan is simple. To obtain a loan, follow the steps described below.

  1. Launch the Mach Loan mobile App on your phone.
  2. On the Mobile App, click on request for funds.
  3. Apply by filling the loan application with your personal and mobile money account details.
  4. Your application will be reviewed and if you qualify, your requested amount will be disbursed into your MoMo wallet immediately.

The highest and lowest loan you can get from CocoaLoan

On Mach Loan, your initial loan request start from GHS 100 the more you request and pay on time, the higher your request goes. The maximum you can request is GHS 5,000.

Mach Loan interest rate

Mach loan has a daily interest rate: 0.0057% and a aximum annual interest rate APR of 20.55%.

Benefits on applying for Mach Loan

Below are some of the benefits you can enjoy when you decide to join the Mach Loan family.

  1. Fast and convenient
  2. Flexible repayment terms
  3. Low interest rates
  4. No hidden fees
  5. 24/7 Customer service
  6. Online support

How to repay Mach Loan debt

  1. Open the loan app.
  2. Once you are in the Mach Loan app, you will see ‘Repayment.’
  3. Click on that button.
  4. On the next page, they will show you the amount you are supposed to pay.
  5. To proceed, click on ‘Repay Now.’

How to repay Mach Loan using MTN mobile money Wallet

You can repay your Mach Loan directly using MTN MoMo. To do so,

  1. Dial *170#
  2. Select 1 (Transfer Money)
  3. Type 1 (momo user)
  4. Input Users Number (mach loan mobile number)
  5. Confirm number
  6. Enter the amount
  7. Enter reference
  8. Confirm transaction with your MoMo PIN

Mach loan contact

For enquiries or any questions, contact mach loan service below:

  • Address: F27H+CH5, Techiman-Tamale Rd,Tanoso, Ghana
  • Tel: +233 0508647578
  • Email: [email protected]


The Mach Online Loan is a great way to access the funds you need quickly and securely. With the Mach app, you can easily manage your loan, track payments, and more. The application process is simple and straightforward, and all applicants must meet certain requirements to qualify. By taking the time to understand the process, you can make sure that the loan fits your needs and budget. With the right loan and careful planning, you can get the financial help you need without sacrificing your long-term goals.

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