Enrich Microfinance Bank Limited

Oban Rating:

4.2/5.0

Enrich, founded in 2019, aims to enrich lives, and strives to help people and businesses prosper by providing tailored made products and services to suit our clientele. In essence, they offer banking services that help our customers succeed, grow and create wealth.


They mainly focuses on giving clientele a world of financial opportunities, ranging from retail loans, investment, and unparalleled Banking services in a customer-friendly environment.

General requirements

  • Get Salary domiciled from employer.
  • Letter of introduction.
  • Company identification or other means of ID like School ID.
  • Irrevocable undertaken or direct debit. Maximum amount of ₦100,000.
  • Brand new items to be financed.
  • Payment made to asset company.

Kuda Microfinance Bank Loans and Terms

Loan Type

personal_loans

Loan Amount

₦0

-

100000

Repayment Terms

1

-

12 months

Monthly Interest

5

-

15%

Location

Lagos

Employment Preference

Full Time

Pros: 

Flexible lending periods, Easy online accessibility, Low charges and late fees

Cons: 

Limited lending amounts, High document requirements, Moderate customer service

Estimated Interest Rate

5

-15%

Max Loan Amount

₦100000

Loan Term

1

-12 months

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