LOAN PRODUCTS
Eligibility Criteria For Assessment of All Loans Are As Follows:
| Financial Solutions | Swift Loan | Salary Loan | Business Loan |
|---|---|---|---|
| Age | 21 – 50yrs | 18 – 60yrs | 18 – 65yrs |
| Loan Amount | Min N5,000 – N50,000 Max | Min N100,000 – N2,000,000 Max | Min 50,000 – N1,000,000 Max | Loan Tenor | Min 7days – 30 days Max | Min 3mths – 18mths Max | Min 3mths – 12mths Max | Repayment Frequency | Weekly, Bi-Weekly and Monthly | Monthly | Monthly | Industry | All | All | All | Business and Residence Location | Live and Work in Lagos | Live and Work in Lagos | Live and Work in Lagos | Interest Rate | 15% - 20% | 3.5% flat | 4% flat | Mgt/Processing Fee | N/A | 2.5% | 2.5% | Guarantor/Collateral | N/A | N/A | Yes | Work Status | Apprentice, Students, Salary Earners, Business entrepreneurs etc | A Confirmed staff of an organisation or in employment for at least 6months. | Active business and in operation for at least 6months at a business location. | Loan Purpose | Emergency Needs | Personal Needs | Business Needs | Disbursement Period | Less than 5mins | Less than 3hrs | Within 72hrs |
Our Happy Customers
DANIEL AZODEH
,
Loan is received. I must express my sincere appreciation to your speed and good interest rate. Thanks
Hassan Lasisi
Lastma Officer ,
MoMoney saved a soul in my family. At the point where I was looking for the remaining 200,000 naira to complete my dad's surgery money, I got fed up begging friends and went online to search for companies that give out loans. I did not expect it to meet up but to my surprise, they were faster than I expected after I finished applying. The payback percentage is very considerate on my salary
Mrs Kenneth
Nurse,
Being a single mother of three and a salary earner, I don't know how to thank MoMoney enough. Their loan have made me pay my kids school fees all at once and the interest rate on the payback is so stress-free for me.
Ajayi Samuel
Driver,
I am so delighted that I came across MoMoney, just when I thought all hope was lost, they came to my aid and I got credited within the hour. MoMoney…No Problem