Need a financial lifeline, but stuck at 2 am with no guarantors or paperwork in sight?
Sokoloan to the rescue!
This innovative lending platform lets you borrow funds 24/7, ditching the traditional loan hassles.
Let’s dive deeper into the Sokoloan USSD code and unlock instant cash flow!
An Overview of Soko Loan
Sokoloan is a prominent online lending platform in Nigeria.
This platform helps by providing short-term loans to Nigerians via a secured mobile application.
The Soko Lending Company Limited, a microfinance institution that focuses on offering financial services to the public, founded this private online lending platform in 2018.
How to Get a Loan From Soko Loan
Follow these simple steps to obtain a loan from Sokoloan:
1. Download the mobile app
To get a loan from this lending platform, you need to start by downloading the application just like NairaBox Loan and most loan apps today.
2. Sign up
After downloading the app and installing it on your phone, open it to register. All you have to do is enter your details on the online registration form and submit it once you are done.
3. Apply for a loan
After you complete your registration successfully, just apply for a quick loan.
In the mobile app, you will see where to apply for it.
4. Submit your loan application and wait for the platform to decide
After you apply, the next thing is to wait for the loan decision. This should take at most one hour. If it is approved you will receive the amount you applied for.
Requirements for Sokoloan
Here are the requirements for getting an instant loan on this platform:
1. Valid bank details
2. An active phone number
3. Bank verification number (BVN) (See, how to check BVN)
4. An Android phone
5. A valid ID
6. Valid atm card (for refund)
You should check out my helpful guide on how to borrow money from Opay
Sokoloan USSD Code
Unfortunately, there is no Sokoloan USSD code for now.
Hence, there is no way you can dial a code to obtain a loan from this platform.
However, you can still use the Sokoloan app to access loans.
Maximum & Minimum Loan Amount for Sokoloan
You can get an instant loan from 5,000 to N100,000.
However, on your first attempt, the platform will limit your loan amount until you build their trust by paying back on time.
This will grant you access to a bigger amount of loan.
Sokoloan Loan Term
The loan term for Sokoloan varies from 7 to 190 days.
Please ensure that you repay any loan you borrow before this grace period elapses.
How can I contact Sokoloan?
You can reach out to Sokoloan via these ways:
Address: 9, Acme Road, Agidingbi Ikeja, Lagos
Customer support phone number: 01-4536792 or 08148799371.
Customer support email address: admin@sokoloan.com or sokolending@gmail.com
Conclusion
There is no Sokoloan USSD code available for now.
However, you will get an update when the code is available.
To borrow a loan from this lender, you can only go through their mobile app which is only available to Android users.
