Kudi Capital Management Ltd announced the launch of Kudimoney.com a fully licensed online lending platform offering unsecured personal loans to consumers in Nigeria. At kudimoney.com creditworthy borrowers can apply for fixed-rate, no-fee personal loans of up to N1, 000,000 over a 6 month period. Applicants are assessed and receive an immediate credit decision, followed by automated verification […]

Accessing loans is one of the major challenges Nigerians face. This is more challenging for entrepreneurs looking to grow their businesses, as it requires too many processes that many end up giving up and even dumping their dreams. This challenge is what KiaKia addresses. KiaKia utilises psychometry, big-data, machine learning and digital forensics for its proprietary […]

It could be a bit difficult to understand your credit report especially if you are seeing it for the first time. Many numbers and text all processed into the information about how you have fared over the years and are currently faring with paying back all the debts you owe across all sectors in the country. The […]

There are a lot of people in Nigeria with great business ideas, but their inability to raise capital for a start-up has brought hopelessness to their dream. In other words, many individuals and businesses would have become exceptionally successful due to their outstanding business ideas but their inability to meet up with the financial requirements […]

Getting a business loan is a major hurdle for most small businesses in Nigeria, mainly due to lack of proper credit facilities for small business owners and entrepreneurs in the country. But obtaining outside financing is often necessary to start or grow a business or cover day-to-day expenses, including payroll and inventory. Although finding, applying for and […]

Running a business is hard. But what’s even a lot harder is getting a bank or financial institution to provide you the required funds needed to grow your business. In Nigeria, securing a loan or credit facility is a lot more difficult than many other places around the world, because financial institutions don’t trust small […]

Salary Advance: Many microfinance banks give loans to individuals against the value of their salaries. If you run a small side business but still work for an organization, you could approach micro finance banks like RenMoney and co. to get a loan, which you could then use to finance your short-term operations, pending when you repay […]

Agricultural development has been a matter of serious concern to the Nigerian government. The need to augment the country’s domestic products through agriculture thus cannot be overemphasized. Many countries in the world have developed their economy to enviable degrees by cultivating lands and monetizing the products. This puts a challenge to Nigeria year after year […]

A personal loan can be a great way to get the cash you need to consolidate debt, finance a home improvement project or make a large purchase. The average interest rate on a two-year personal loan is around 10.6 percent, according to the Federal Reserve, compared to the average credit card interest rate of about 17.7 percent. Whether […]

Owning a car is a huge achievement in the life of most people. It is sometimes a measurement of one’s progress in business or career. However, in many cases, you don’t have to get all the money you need in one lump sum before you can own a car of your dreams. Unfortunately, this factor […]