Recently, Vodafone Ghana together with Consolidated Bank Ghana (CBG), has made it possible to borrow money directly from your Vodafone cash without any third-party app or services.

As many of you had heard of MTN Ghana’s popular loan service called Qwikloan, Vodafone Ghana now has Ready Loan with the Consolidated Bank Ghana.

What is Vodafone Ghana Ready Loan?

Ready Loan is a credit facility on the Vodafone Cash platform that allows Vodafone subscribers to borrow some amount of money in their Vodafone Cash wallet and repay later with interest.

Who is Eligible for Vodafone Ready Loan?

To qualify for Vodafone Ready Loan, you must be 18 years and above, have an active Vodafone Cash account and be an active Vodafone subscriber.

How to Get a Loan From Vodafone Ghana – Ready Loan

  1. Dial and call *110#
  2. Select option 5 Financial Services
  3. Choose option 3 Loans
  4. Select option 1 Ready Loan
  5. Select option 2 Ready Loan Request
  6. Choose option 1 Opt-in
  7. Enter your VCash PIN to confirm if you have agreed to their terms and conditions.

NB: Note that for now, Vodafone Ghana does not allow new users to choose their preferred amount; they will give you an amount based on how active you are on the platform.

How to Check the Amount You Owe on Vodafone Ready Loan

  1. Dial and call *110#.
  2. Select option 5 Financial Services.
  3. Choose option 3 Loans.
  4. Select option 1 Ready Loan.
  5. Choose option 3 Check Ready Loan Balance.
  6. Select option 1 Continue.
  7. Enter your VCash PIN, and your loan balance will be displayed on your screen.

How to Repay Your Vodafone Ready Loan

Follow the steps provided below to repay your Loan?

  1. Dial and call *110#
  2. Select option 5 Financial Services
  3. Choose option 3 Loans
  4. Select option 1 Ready Loan
  5. Choose option 4 Ready Loan Repayment
  6. Enter your VCash PIN and select the amount you want to pay.
  7. Confirm it.

How Do I Get a Bigger Loan on Vodafone Ready Loan?

Your loan amount increases base on how active you are on the Vodafone Cash platform. Also, you get a chance to get a bigger loan if you pay your current loan before time.

What Happens If I do not Pay my Loan?

If you fail to pay your loan within 30 days, a late payment charge will be applied, and your information will be submitted to the credit-related institution and blacklisted.

Terms and Conditions on Vodafone Ready Loan

If you opt-in or register for Vodafone Ready Loan, it means you have allowed Vodafone to share your personal information and credit information with authorized parties for regulatory, collection, and commercial purposes.


Making Vodafone Ready Loan is good if you need urgent money and you don’t have money in your wallet. In order to help make this service stay, pay your Loan within the specified time and avoid late payment.

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