Orange SL & AMJAM Launch KwikMoni Loan Service
Orange Mobile Finance SL Ltd (OMFSL) and AMJAM & Associates Ltd have taken a bold step towards strengthening Sierra Leone’s small business sector with the launch of the KwikMoni Loan Service. This innovative financial solution, introduced on May 5th, 2025, provides fast, digital access to short-term credit for Orange Money subscribers, agents, and merchants, addressing a critical need for flexible financing.
A Game-Changer for Small Businesses
KwikMoni is designed to empower small businesses by providing immediate, digital access to funds without the need for lengthy paperwork or collateral. Built on a sophisticated, data-driven scoring model developed by AMJAM, the service offers tailored loan amounts ranging from NLe1,000 to NLe5,000 for agents and merchants, and up to NLe1,000 for subscribers.
Available 24/7, the service allows users to manage liquidity, restock inventory, and cover urgent expenses without delay. Agents benefit from 7-day repayment periods, while merchants and subscribers have up to 30 days to repay their loans.
Leadership Perspectives
Sekou Amadu Bah, Board Chairman of OMFSL, highlighted the broader impact of the KwikMoni service:
“KwikMoni is more than just a financial product—it’s a bridge to financial independence for small business owners. We are breaking down barriers to credit, empowering entrepreneurs, and supporting the informal economy.”
David Samba Mansaray, CEO of Orange Mobile Finance SL Ltd, emphasized the role of KwikMoni in driving economic resilience:
“KwikMoni is a critical tool for financial empowerment. It allows small businesses to thrive by providing immediate access to working capital, helping them grow and secure their livelihoods.”
Marju Jalloh, CCO of AMJAM, who represented the CEO at the launch, praised the collaboration:
“Our partnership with Orange Money demonstrates the power of fintech in transforming lives. KwikMoni reflects our commitment to innovation and financial inclusion.”
Who Can Benefit from KwikMoni?
KwikMoni is available to:
- Fully registered Orange Money subscribers
- Orange Money merchants
- Orange Money agents
To apply for a KwikMoni loan, users simply need to dial:
- #144*7# for Subscribers
- #145*9#, then select option 12 for Agents
- #146*9# for Merchants
Supporting the Informal Economy
KwikMoni is expected to significantly impact Sierra Leone’s informal economy, providing a lifeline for traders, Keke riders, kiosk operators, and other small business owners. It offers a reliable alternative to informal borrowing, reducing financial stress and enabling growth without the need for traditional collateral.
Looking Ahead
With over 2 million active users, OMFSL and AMJAM are committed to expanding financial inclusion through innovative, customer-centric solutions. The KwikMoni launch marks a significant milestone in Sierra Leone’s journey towards a more financially inclusive digital economy, empowering small businesses to thrive in today’s fast-paced market.
For more information, please Orange Money Customer Service, dial: 111.