Skip to main content

MoMo loan defaulters can’t escape – MTN Ghana

 MoMo, loan defaulters

Dickson Amoung-Yam, MTN Ghana’s Field Service Manager (Network) in Kumasi, has urged  customers of the Mobile Money (MOMO) to repay the  loans they borrow from their accounts.

He stated that “Borrowers who take loans and refuse to pay can no longer escape because of the Ghana Card they used to register on their accounts.”

Mr Amoung-Yam gave the advice in an interview with the Ghana  News Agency (GNA) on the sidelines of a media and stakeholders’ engagement organised by the MTN Ghana in Sunyani.

He expressed worry that: “previously, some people used their SIM cards to access loans and later disposed them off for new ones to avoid repayment,” warning that if such persons tried to register another SIM card, they would be detected because their details are already in the service system”.

Amoung-Yaw encouraged all those who had borrowed money from the MOMO services to pay back on time so that other individuals could also benefit.

He reiterated that customer satisfaction drove the company’s operations, and motivated MTN Ghana to do more, saying that it was because of that commitment that the company was investing heavily to guarantee customer satisfaction of services.

Amoung-Yam urged customers not to hesitate to report service problems to the company for the needed attention.

He said there had been no barrier to the company’s existence, adding that: “Even farmers at their farms are now able to make calls and send messages from the forest,” which was an indication that every area in Ghana was gradually being covered with signals.  

Amoung-Yam said there were several Apps that customers could access to prevent the long queues that were often mounted at the MTN offices.

Comments

Popular posts from this blog

UK-Ghana Trade & Investment Summit: Trade Resource Centre to help businesses maximise UK-Ghana trade opportunities

 In a significant boost to UK-Ghana trade and investment relations, the UK-Ghana Chamber of Commerce (UKGCC), in partnership with the UK-Ghana Jobs and Economic Transformation (JET) Programme, has launched the UK-Ghana Trade Resource Centre, a practical market-access platform designed to help businesses identify opportunities, navigate export requirements and build commercial partnerships between Ghana and the United Kingdom. The UK and Ghana enjoy strong trade relations, with total bilateral trade reaching approximately £1.6 billion in the year to Q1 2026. Yet, despite this progress, significant untapped opportunities remain for businesses in both countries. The Trade Resource Centre has been established to help bridge information gaps, connect businesses with the right partners, and support firms to take greater advantage of opportunities under the UK-Ghana Trade Partnership Agreement. The launch formed one of the major outcomes of the UK-Ghana Trade & Investment Summit 2026,...

NESCAFÉ Launches Real Vibes Text & Win Promo to Reward Coffee Consumers Across Ghana

 NESCAFÉ has launched the Real Vibes Text & Win Promo, an exciting consumer promotion designed to reward loyal coffee lovers and bring the brand’s My Coffee, My Vibe experience even closer to consumers across the country. Running from September to December, the promotion gives consumers the opportunity to enjoy their favourite NESCAFÉ coffee while standing a chance to win exciting prizes, including phones, motorcycles, airtime and the ultimate grand prize—an electric SUV. Speaking at the launch, Lily Ntim, Category Development Manager for NESCAFÉ, said the promotion reflects NESCAFÉ’s commitment to creating, rewarding and memorable experiences for consumers. “Today, we are excited to introduce the NESCAFÉ Real Vibes Text & Win Promo, a campaign designed to bring the My Coffee, My Vibe experience even closer to our consumers,” she said. She added that the campaign is not only about prizes, but also about celebrating the everyday moments consumers enjoy with their coffee. “T...

Ghana Home Loans

With interest rates declining, a more liquid environment and a macroeconomic stability, mortgage financing is expected to see an ease of credit. And Ghana Home Loans being a leader in this industry is expected to lead the way. Ghana Home Loans (GHL), a leader in home mortgage, continues to be the frontier in fulfilling dreams of many Ghanaians in homeownership. Since starting business in 2006, it has also provided many existing homeowners with Equity Release mortgages to support their businesses, pay educational fees, improve their properties, or simply pursue other personal hobbies and interests. Ghana Home Loans is a mortgage finance institution which operates under Bank of Ghana’s supervision as a non-bank financial institution. At present, the Company remains the only such institution that focuses exclusively on the provision of mortgage product. Through the Home Completion mortgage and Home Construction mortgage products, Ghana Home Loans has enabled many qualified applican...