Basic Requirements
You must be a resident of Ghana with a valid Ghana Card, passport, or national ID.
Applicants must be between 21 and 65 years old at the time of application.
Personal Loans: GH₵ 1,500/mo. Business Loans: GH₵ 5,000/mo. Mortgage: GH₵ 8,000/mo.
You must hold an active bank account with a recognised Ghanaian financial institution for a minimum of 6 months.
No outstanding loan defaults or adverse credit listings. A credit check will be conducted upon application.
Employed, self-employed, or business owners with verifiable income. Payslips or business financials required.
What You'll Need
Common Questions
Can I apply if I am self-employed?
Yes. We welcome applications from self-employed individuals and business owners. You will need to provide business registration documents and at least 6 months of bank statements.
What if I have no formal credit history?
We assess each application holistically. Customers with limited credit history may be asked to provide a guarantor or additional collateral, depending on the loan type.
Can I apply for multiple loans at once?
You may only hold one active ToonTum loan at a time. However, you may apply for a top-up or refinancing once 50% of your existing loan has been repaid.
Does a credit check affect my credit score?
Our initial enquiry is a soft check and does not affect your credit score. A full hard credit check is only performed once you proceed to a formal application.