First Credit Microfinance Bank Limited

Oban Rating:

3.55/5.0

Founded in 2012, First Credit Microfinance, brings positive change in people’s lives through a customer-centric approach founded on quick credit decisions and loan disbursements, professional and friendly staff that understand the individual needs of our clients, and ethical service delivery. First Credit Microfinance is focused on delivering inclusive financial solutions to the underbanked and underserved populations across seven African countries, namely Botswana, Eswatini, South Africa, Kenya, Zimbabwe, Malawi, and Namibia.

Kuda Microfinance Bank Loans and Terms

Loan Type

personal_loans

Loan Amount

₦1000

-

300000

Repayment Terms

1

-

12 months

Monthly Interest

10

-

15%

Location

Lagos

Employment Preference

Full Time

Pros: 

Flexible lending periods, Flexible lending amounts, Good customer service, Easy online accessibility, Multiple physical locations

Cons: 

High interest rates, Average late fees, Moderate Income requirements

Estimated Interest Rate

10

-15%

Max Loan Amount

₦300000

Loan Term

1

-12 months

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