Accessing quick and convenient financial assistance is important for individual expenses and businesses. Kiakia is one of the leading loan apps in Nigeria. It’s a leading digital financial marketplace in Nigeria. It offers a seamless and efficient solution to your borrowing needs.
Do you need to borrow a loan as soon as possible? Below are step-by-step process on how to apply:
1. Create an account
- Visit the KiaKia website or download the app.
- Click on “Sign Up” and provide your details, including your name, email address, and phone number.
- Verify your email address and phone number.
2. Start a loan application chat
- Click on “Apply for Loan” on the dashboard.
- You will be connected with “Mr. K,” KiaKia’s virtual assistant.
- Mr. K will guide you through the application process.
3. Upload required documents
- You will need to upload a scanned copy of your government-issued ID or work ID.
- You may also be required to provide proof of income.
4. Enter loan details
- Enter the desired loan amount (between N10,000 and N200,000).
- Choose the loan duration (at least 7 days, most 30 days).
5. Submit application
- Review your application details and confirm accuracy.
- Click on “Submit” to send your application.
6. Loan processing and approval
- KiaKia will process your application and assess your creditworthiness.
- You will receive a notification regarding the loan approval status within 24 hours.
7. Loan disbursement
- If your loan is approved, the funds will be disbursed directly to your bank account.
- You will receive an SMS notification confirming the disbursement.
8. Loan repayment
- KiaKia will send you friendly reminders before your repayment due date.
- You have different options to repay your loan, like using a debit card, doing a bank transfer, or using USSD.
You can borrow as low as N10,000 and as much as N200,000 from them. However, most users are assigned a particular amount of loan at the start.
This loan attracts as little as 5.6% to as much as 24% in interest rates. Considering the speed of applications, this isn’t a bad rate base.
What Are the Loan Requirements?
To be eligible for a KiaKia loan, you must meet the following criteria:
- Residency: You must be a resident of Nigeria.
- Age: You must be at least 21 years old.
- To open an account, you need a valid BVN from a Nigerian commercial bank.
- Income: You must have a verifiable source of income. This can be employment in the public or private sector, or self-employment.
- Income Proof: You must provide proof of income. This can be:
- SMS or email screenshots of monthly income alerts
- Electronic bank statement (in PDF format) for the past 6 months
- KiaKia is authorized to see your bank transactions using Mr. K software. This is for getting bank transaction details.
5. You must provide a valid means of identification:
- Employed: Work ID
- Self-employed: Government-issued ID
Get a loan up to N100,000 at the best affordable rates in Nigeria
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For further assistance, call +23419125176 or visit the Abuja office at Plot 395A Etang Obuli Crescent, Jabi.
Conclusion
KiaKia has revolutionized access to financial resources in Nigeria. Individuals and businesses looking for fast and easy loans love this platform. It has clear terms and low interest rates.
KiaKia makes it easy to apply for a loan, get approved, and receive the money quickly. KiaKia helps you achieve your goals, like emergencies, starting a business, or temporary financial needs.
You can obtain a comprehensive loan, tailored to your specific needs by using this platform. It allows you to compare loans from different lenders across Africa, ensuring the best option doesn’t slip through.
