Looking to get a loan with ease ? Mama credit loan app is here is for you. We have made your loan application enjoyable and totally stress free.
š¶ Loan Amount: ā¦5,000 ~ ā¦200,000
Loan Term: the shortest is 61 days, the longest is 365 days
Loan interest: It depends on the customer's risk profile and loan period. The interest rate is from 12% to 25% per annum.
Service charge: 0%.
š· For example:
If you apply for a loan of ā¦30,000, the term is 180 days and the annual interest rate is 15%.
So the daily interest rate=15%/365=0.041%, the interest for 180 days =ā¦30,000x15%/365x180= ā¦2,214, the totally repayment=ā¦30,000+ā¦2,214= ā¦32,214.f you choose a 12-month loan and borrow NGN 20,000, Naira Hub charges an interest rate of 2.08% per month. And the interest rate is 25%, we would charge you GNN 5,000 as interest of 12-month repayment period. Total amount of repayment is NGN 25,000.
š· Loan Eligibility:
1. Nigerian Resident
2. 20-55 years old
āLoan Steps:
1. Install the Mama credit APP from the Play Store.
2. Create an account.
3. Select the product you would like to apply for.
4. Receive a loan straight into your bank account.
šŖ Contact Us
For more information, contents or suggestions:
- Reach out to us: help@mamacredit.ng
- Address: No 4 Jolayemi samuel street VI Lagos