When can I start borrowing?
You can start borrowing after you have completed your first initial order.
How much can I borrow?
The first loan amount to be availed is N10,000. The loan can be increased with time.
Do I need more money to expand my business? What is the maximum amount I can ask for?
You will be eligible to loan an increasing amount of money for your business as you order more products through our platform. We will use the average monthly turnover over the immediate past three months to ascertain how much you can borrow up to a maximum of N500,000.
Do I need collateral to borrow money?
No collateral is needed. However, you will not be availed of cash and can only use the loan to procure products for your store through our platform.
What Interest Rates and fees will I be charged?
Our fees are competitive and determined by our financial partners, the fees will be communicated to you, and you will be required to accept the terms before the loan is made available.
What is the duration of the loan?
Loans are given only for 30 days and can be renewed only after paying up.