Kiakia is a loan app in Nigeria that grants short-term business and personal loans.
If you speak pidgin English, you’d know ‘Kiakia’ means fast, or better still ‘quickly’. That is precisely the idea behind KiaKia Loan.
KiaKia loan makes it very easy to access a loan without any collateral.
You need to provide the following documents and meet the requirements to qualify for a KiaKia loan:
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Follow the steps below to apply for KiaKia loan:
Currently, there is no KiaKia loan app in any of the mobile app stores. All borrowing services are conducted through their website. They claim that this is to allow customers with utility phones to access all their services.
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. As you take and repay a loan in time, your maximum borrow limit increases.
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. However, one thing that’s certain is that the exact applicable interest rate would be stated during the loan application process where you can either agree or reject it.
Repayment terms for the Kiakia loan are quite simple. You only need to have repaid the loan between 7 and 30 days. However, it is advisable to pay your loans earlier if you can because of the rewards that come with it.
They include:
Some of the most frequently asked questions on loans in Nigeria include:
Yes, you can. However, it may be difficult to come by as most lenders prefer borrowing to individuals with a steady and proven source of income. The best option would be to apply through loan apps that do not really consider income as one of the criteria.
Loanspotafrica is the number one platform that doesn’t hold a source of income as criteria for you receiving a loan.
Yes, you can. The advancement of technology today means it’s much easier to track borrowers compared to long ago. Basically, you can now get a personal loan without a salary. As a matter of fact, all you need to do is provide your proof of account and undergo the application processes. One of the platforms that best supports this is loanspotafrica.
Yes, you can. However, the loan amount would most likely be considerably lower than those with proof of substantial income and you might not have access to as much as they do. Also, you’d have to opt for loans from platforms with less strict requirements like loanspotafrica instead of more traditional banks.
If short term loans are what you’re looking for, then a KiaKia loan is definitely what you should take a look at. You can apply for much bigger loans if you earn credit points with them for some time. All you need is to access their site, fill in the required steps, and you’ll have your loan application reviewed.
If it’s a success, then you get your loan in no time. You’re only advised to take up a KiaKia loan however if you can afford it. There is no room for defaults.
You can obtain a comprehensive loan, tailored to your specific needs by using this platform. Basically, it allows you to compare loans from different lenders across Africa, ensuring the best option doesn’t slip through.
