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Banking and Saving

Getting Loans on the Fundall Platform

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There are different kind of loans on the Fundall Platform
Quick Loan – Agile Cash – Payday Loan – SME Loans

Quick loans are for amounts between N1000-N10000.
The interest rate is 20%
Duration: 1- 4 Weeks
Requirements: Mobile Phone, Internet connection

1. Download the Fundall app
Use your Android phone to download Fundall from the Google Play store.

2. Create your account
Fill out a simple form and submit for a quick review.

3. Apply for the Quick loan from the app
Loans are conveniently sent to your bank account in minutes.

4. Receive the loan into your account
Repay with your mobile account/ATM card. Build your credit to unlock larger loans.

Agile Cash
Loan Amount 11,000 – 30,000
The interest rate is 20%
Duration: 1- 4 Weeks
Requirements:
You must be in paid employment
You must have an active Bank account

What documents am I required to present?
Employee ID Card
Your 6months up-to-date salary statement of account

Payday Loan
Loan Amount 100,000 – 2,000,000
The interest rate is 5% monthly
Duration: 1- 9 months

Requirements: You must be in paid employment You must have an active Bank account

What documents am I required to present?
1 Passport Photograph
A valid means of Identification( International Passport, Driver’s Licence or National ID card)
Your 6months up-to-date salary statement of account
Employee ID Card
Employment Letter
NUBAN Cheque
Utility BIll
Guarantor

SME Loans
Loan Amount N100,000 – 2,000,000
The interest rate is 5% monthly
Interest rate negotiable for Loans above N1,000,000
Duration: 1- 9 months

Requirements:
You must have a registered business.
You must have an active Bank account

What documents am I required to present?
CAC Documents
1 Passport Photograph
A valid means of Identification( International Passport, Driver’s Licence or National ID card)
Your 6months up-to-date salary statement of account
NUBAN Cheque
Letter of Undertaking
Guarantor