Plans & Costs
Lendbox is billed in US dollars by card. Cedi amounts below are an indicative conversion; with the cedi moving against the dollar, treat them as a guide and the dollar figure as the price. If you lend in Ghana, compare Lendbox with other loan software for lenders before you choose.
Prices shown in Ghanaian Cedi (GHS)
GHS 300
/month
Billed yearly at GHS 3,600
GHS 1,100
/month
Billed yearly at GHS 13,000
GHS 1,600
/month
Billed yearly at GHS 19,000
GHS 2,200
/month
Billed yearly at GHS 27,000
Plans and billing in Ghana
$29 a month for Basic, which is about GHS 340 in cedis at the indicative rate, or $25 a month if you pay for the year at once. Business is $99 a month for two branches and three staff, Growth $149 for three branches and six staff, and a savings and loans company with more branches moves to Enterprise, priced per staff member and per branch. Lendbox bills in dollars by card; the cedi column is a guide.
You can lock the dollar cost. Annual billing charges twelve months in one dollar payment, so the price cannot move during the year; the cedi your bank needs to settle that single charge is decided once, on the day it clears, rather than twelve times. Monthly billing keeps the dollar price fixed too, but each month's cedi equivalent follows the rate at that point.
Basic, after the 30-day trial, at $25 a month on yearly billing. It carries one branch and one staff login with every feature switched on, including MoMo repayments recorded against the loan and the portfolio quality reports a Bank of Ghana licence expects you to keep. Compare it against Business and Growth in dollars on the Lendbox pricing page.
No. The subscription is a dollar charge on a Visa or Mastercard, with the receipt in dollars. Cedi figures on this page are converted at an indicative rate for comparison, and your bank's rate decides the cedi debit.
Not for the subscription. MTN MoMo, Telecel Cash and AT Money are not payment options for Lendbox itself; the one market where the subscription can be paid by mobile money is Zambia. Ghanaian lenders use a card enabled for international online payments.
No. Nothing is asked for at sign-up. Load your clients, run the 30 days in cedis, and enter a card only when the savings and loans company or MFI decides to continue.
Not in Ghana. The free plan is a Zambian offer. After the trial a Ghanaian lender starts on Basic, or on Business when a second branch or more staff logins are needed.
The dollar price stays the same for the billing period you picked. What changes is the number of cedis your bank needs to settle that fixed dollar amount, which is why annual billing appeals to lenders who want a year's cost settled at one rate.