In a move aimed at transforming financial access for small businesses in Sierra Leone, Orange Mobile Finance SL Ltd. (OMFSL) and AMJAM & Associates Ltd. on Monday officially launched the KwikMoni Loan Service. The KwikMoni service provides fast, digital microloans to Orange Money subscribers, agents, and merchants, empowering them with instant credit.
The launch, held at the OMFSL headquarters, brought together industry leaders, financial experts, and media representatives, creating a platform to highlight the critical role of financial technology in supporting entrepreneurship and economic growth.
A Digital Lifeline for Small Businesses
KwikMoni is a fully digital microloan service designed to meet the urgent financial needs of small businesses. The platform allows users to access quick cash directly through their Orange Money wallets without the hassle of paperwork or physical collateral. Developed by AMJAM, the service uses a sophisticated, data-driven scoring model to assess creditworthiness, offering loans from NLe1,000 to NLe5,000 for agents and merchants and up to NLe1,000 for regular subscribers.
Loans are available 24/7, with flexible repayment periods—7 days for agents and 30 days for merchants and subscribers—giving users the financial flexibility to restock inventory, cover short-term expenses, or maintain business operations.
Leadership Insights
During the launch, Sekou Amadu Bah, Board Chairman of OMFSL, emphasized the transformative potential of KwikMoni:
“KwikMoni breaks down financial barriers, providing opportunities for growth and economic inclusion. This service reflects our commitment to supporting the financial aspirations of every small business owner in Sierra Leone.”
David Samba Mansaray, CEO of OMFSL, echoed this sentiment, highlighting KwikMoni’s impact on economic resilience:
“KwikMoni is more than a financial product—it’s a lifeline for small businesses. Whether you run a shop, drive a taxi, or operate a kiosk, this service provides the capital you need to grow and secure your livelihood.”
Marju Jalloh, CCO of AMJAM, representing the CEO, praised the collaboration between AMJAM and OMFSL:
“This partnership demonstrates the power of fintech to drive economic transformation. KwikMoni is a testament to our commitment to inclusion, trust, and financial innovation.”
Who Can Access KwikMoni?
KwikMoni is available to:
- Fully registered Orange Money subscribers
- Orange Money merchants
- Orange Money agents
Eligibility is determined based on users’ transaction history and activity on the Orange Money platform. To access KwikMoni, users simply dial the following:
- #144*7# for Subscribers
- #145*9#, select option 12 for Agents
- #146*9# for Merchants
Supporting the Informal Economy
KwikMoni is expected to significantly impact Sierra Leone’s informal sector, which accounts for a large portion of the country’s economic activity. By providing fast, no-hassle loans, the service aims to bridge the financial gap for small businesses, including traders, Keke riders, and street vendors, who often lack access to traditional credit.
With KwikMoni, these entrepreneurs can secure the funds they need without the burdens of paperwork, collateral, or long bank queues—bringing financial relief directly to their fingertips.
A Step Toward Financial Inclusion
KwikMoni is the latest in a series of digital financial innovations from OMFSL and AMJAM, aimed at promoting financial inclusion and economic resilience. With over 2 million registered users and a growing digital economy, these companies remain committed to developing solutions that empower underserved communities.
For more information about KwikMoni, users are encouraged to contact Orange Money Customer Service. Dial 111.
This launch marks a significant milestone in Sierra Leone’s financial landscape, offering small businesses a reliable way to access quick credit, strengthen their operations, and contribute to the nation’s economic stability.