Baines Credit Microfinance Bank

Oban Rating:

4.3/5.0

Baines Credit Microfinance Bank is a financial institution committed to solving all the financial needs of salary earners, micro, small, and medium scale enterprises, and other corporate sectors through an empathic and innovative process. They are a limited liability company duly incorporated in Nigeria in April 2016 under the 2002 Companies and Allied Matters. Financial services are regulated by the Central Bank of Nigeria (CBN) and our customers’ deposits are insured by Nigeria Deposit Insurance Corporation (NDIC).

Kuda Microfinance Bank Loans and Terms

Loan Type

Personal Loans

Loan Amount

₦100000

-

18000000

Repayment Terms

2

-

4 months

Monthly Interest

14.5

-

17%

Location

Lagos, Abuja, Ikeja

Employment Preference

Full Time

Pros: 

Flexible lending amounts, Quick loan disbursement, Moderate customer service

Cons: 

Moderate document requirements, Not mobile friendly, Average late fees

Estimated Interest Rate

14.5

-17%

Max Loan Amount

₦18000000

Loan Term

2

-4 months

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