Targeted Credit Facility – Meaning and How to Apply

The Covid 19 pandemic affected the world in no small way, and it did not only the daily activities of people but the world's economy reduced drastically. To crown it all, this Novel CoronaVirus dealt with many countries, especially Nigeria, because it struck when people least expected it. In Nigeria, many families found it hard to feed well while some businesses crumbled.  At the time of the pandemic, the Federal government, through the Central Bank of Nigeria, decided to run to the aid of its citizens by releasing credit facilities. In this article, we will explain the meaning of a targeted credit facility, how to apply for it, and everything you need to know about it. Be sure to read this article to the end. Overview Of Targeted Credit Facility We noted earlier that the advent of the Novel CoronaVirus, popularly known as Covid 19,...

How to Apply for Loan with Sokoloan USSD Code

sokoloan ussd code nigeria
The Sokoloan USSD code is another means of accessing instant loans on Sokoloan. If you are interested in knowing the Sokoloan used code, this article is precisely what you need to read carefully. We understand that you may not have a strong internet connection to navigate the mobile app or website. Hence we are set out to show you how to use this instant code to apply for a loan from sokoloan. Read on. Overview Of Sokolaon  Sokoloan, fully registered as Soko Lending Company Limited, is a legit microfinance financial institution founded in 2018. This online lending platform is one of the reliable loan platforms that offer quick loans to the public anytime and anywhere. Sokoloan offers short-term loans to the public upon meeting the stipulated criteria for eligibility. They offer this financial aid through various means, which include...

10 Loan Apps Without Selfie

Loan Apps Without Selfie In Nigeria
If you are looking for reputable loan apps that will offer you financial credits without selfies, then this article is precisely what you need. We understand that emergencies can spring up anytime hence, mounting pressure on one. Going to the bank for loans can be stressful and full of restrictions or limitations. Again, most loan apps would demand to know the nitty gritty of you and your business. This is why we compiled this article to hand over the list of loan apps without a selfie. Keep reading. Why Do Most Loan Apps Demand Selfies? Every company in the digital lending sector seeks to know about its customers to avoid incurring losses in its investments and being a victim of scammers. This is the importance of selfies which is also known as Know Your Customer (KYC). The essence of selfies is to help the lending platform know more...

How to Check if a Loan Company is Legitimate

HOW TO CHECK IF A LOAN COMPANY IS LEGITIMATE
How to check if a loan company is legitimate in Nigeria. There has been a tremendous quantum leap in science and technology. In the past, people usually did transactions and took loans physically from the bank or any loan platform, but things have changed. There has been an influx of so many loan platforms, especially online, and if you do not know how to check if a loan company is legitimate, you're most likely to fall prey to them. This is why we have written this article. In this article, we will discuss extensively how to check if a loan company is legitimate, how to spot a fake loan company, and so much more. Please pay close attention to this article, and it may save your business tomorrow. Stay tuned. Overview It is evident that taking a loan from a platform is one of the best ways to grow your business, especially when there's a...

Family Loans – Everything You Should Know About Borrowing and Lending From Family

Family Loans – Everything you Should Know About Borrowing and Lending from Family Borrowing money from relatives may be a roller coaster ride, particularly when it comes time to pay it back. When it comes to money and family, it's definitely a delicate situation that might put your relationship with the lender at jeopardy. As a result, it is essential that the conditions of the loan be communicated clearly and even in writing. Because family loans are frequently unavoidable, they should be approached with caution. Advantages of family loans The following are some benefits of taking out a family loan: It prevents you from taking out a dangerous loan. Lower interest rates on loans, if any Due to the absence of formal procedures, it is simpler to get clearance. Flexibility in payments is particularly important during times of...

How to Check Nirsal Loan Status — 6 Easy Steps

narsal loan
Nirsal loan platform is one of the loan platforms created as a support group for businesses ravaged by the COVID-19 pandemic, from small to medium-sized companies across the country. Everyone or business affected by the pandemic can easily apply for this loan, and you can obtain from 250,000 to 25 million Naira. This makes this loan one of the most sought-after types of loan in Nigeria. However, most people do not know how to check their loan statuses. To apply is one thing, but you will be required to regularly check your Nirsal loan status to know if your loan application has been approved or not; this is why we put together this article. In this article, we will discuss extensively how to check your Nirsal loan status. We will equally answer some of the most frequently asked questions. Stay tuned and pay very close attention. Overview...

Types of Lapo Loans: Everything You Need To Know

types of lapo loans
Do you want to know more about types of Lapo loans in Nigeria continue reading below. We can not talk about the leading microfinance banks in Nigeria without Lapo Microfinance bank, yes i said so. In this article, we'll discuss the types of Lapo loans and everything you need to know about Lapo loans. Overview Of Lapo  Lift Above Poverty Organization(LAPO) was founded in the late 1980s as a non - governmental organization to give services that help people who belong to the middle or low-class level in the country to stand on their feet financially. The organization became licensed to function as a microfinance bank in 2010. As aforementioned, Lapo is presently one of the ranking microfinance banks in Nigeria. Lapo microfinance bank is one the leading microfinance banks in Nigeria and reaching for West Africa. In its over 25 years of...

How to Borrow Money From Renmoney Loan Online Instantly

how to borrow from renmoney loan app
How to borrow money from renmoney is simple and seamless. Renmoney is one of the digital lending platforms that pride itself on providing top-notch consumer financial services and products to individuals and businesses. If you are interested in soft and quick loans, we advise you to try Renmoney. Please do not bother about how to go about it because we have exposed everything in this article. In this article, you will learn how to borrow money from Renmoney online instantly, and we will answer some of the frequently asked questions. Keep reading and pay attention. Overview Of Renmoney Loan Renmoney is a Microfinance Bank. A financial technology company that the Central Bank of Nigeria licenses. It was formerly known as RenCredit before it was changed to Renmoney in 2013 after its inception in 2012. Their head office is in Lagos, with...

Easemoni Loan App – a Quick Way to Borrow Instant Loan Online

easemoni loan app
EaseMoni loan is one of the leading financial technology companies that offer digital banking services to individuals. If you require a loan without collateral or property documents, and even without the stress of running around the traditional physical bank, then, EaseMoni is what you need right now. Meanwhile, take a chill pill because, in this article, we shall carefully detail everything you need to know about this platform and how to borrow instant online loans from EaseMoni. Overview Of EaseMoni EaseMoni is a loan platform that offers digital banking services to people across the globe. They provide market-competitive consumer financial services and credit facilities to individuals in terms of personal loans at their convenience. EaseMoni is licensed with the Microfinance bank license by the Central Bank of Nigeria and under Blue...

Geep Loan – How to Apply, Requirements and Approval

GEEP LOAN
Over the years, there has been a need to improve the standard of business in Nigeria, both in the agricultural and other sectors. Many business owners want to take their businesses to the next level, while others wish to start a profitable business. Still, because of a lack of loans and capital, most business owners cannot do this. The government has taken it upon itself to provide loans for small to medium size businesses, and the GEEP loan is one such loan. In this article, we will discuss in detail how to apply for a GEEP loan, the requirements for the application of a GEEP loan, and, most significantly, we will answer some of the frequently asked questions. Stay tuned and pay close attention. Overview of GEEP loan GEEP is an acronym that stands for Government Enterprise and Empowerment Program. The loan platform was established in...