Headway Microfinance Bank Limited

Oban Rating:

4.55/5.0

Founded in 2018, Headway is Single minded purposeful deployment of products and services with profound investment impact to achieve financial inclusion for the unbanked and underbanked as well as the economically active poor, especially the womenfolk, to elevate their business and standard of living.

General Requirement

  • Must reside and work in Lagos or company with Lagos office.
  • Must be confirmed employee of a company with minimum of 5 years in employment
  • Proof of employment
  • Salary must not be less than ₦50,000 for more than 30 days facility tenor
  • Official ID Card
  • Valid means of Identification (National ID, Driver License, Voter’s Card or International Passport.
  • Current utility bill.
  • Three (3) passport photographs.

Kuda Microfinance Bank Loans and Terms

Loan Type

personal_loans

Loan Amount

₦20000

-

2000000

Repayment Terms

1

-

12 months

Monthly Interest

3.5

-

5%

Location

Lagos

Employment Preference

Full Time

Pros: 

Flexible interest rates, Quick loan disbursement, Good customer service, No transaction fees

Cons: 

High document requirements, Moderate income requirements

Estimated Interest Rate

3.5

-5%

Max Loan Amount

₦2000000

Loan Term

1

-12 months

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