You are high welcome to Yahooformat.com, today I will be talking about Kiakia Loan Review. The purpose of the review is for you to know if kiakia loan is Real or Not.
I strongly advise you to read this article from beginning to end if you want to know what kiakia loan is all about.
Table of Contents
What Is Kiakia Loan?: About Kiakia Loan
Kiakia is one of the financial institutions that offer credit investment facilities to MSMES and Kiakia is a financial technology company that provides personal and business loans in Nigeria.
It is a licensed lender that gives out secured and unsecured Loans to carefully selected individuals and businesses across the country.
Still on Kiakia Loan Review, since you have know what kiakia loan Is all about next thing is to know about the interest rate.
Kiakia Loan Interest Rate? How is Kiakia Loan Interest Calculated
Is good for you to know about loan interest rate before taking loan.
The interest rates for Kiakia loans are very competitive, starting at 6.5% per annum. The repayment terms are also flexible, with loan tenures ranging from 7 days to 24 months.
When it comes to Taking loan make sure you always consider the interest rate and read the terms and conditions before borrowing.
Next thing people always ask about if this Kiakia have App.
Does Kiakia Loan Has An App?
Kiakia does not have a mobile app yet. You can apply for a loan through their website or by calling their customer service line. .
That is to tell you that you should becareful as they don’t have app, what you need to do is to login to their website and register and apply for the loan why I said so is because we have many Fake Loan App so you need to becareful.
How much Loan Can Someone Get From Kiakia?
Still on Kiakia Loan Review, next questions people are asking is on how much loan they can get from Kiakia.
You can get as low as N10,000 And Up to N500,000, you can get those loan by registering on their website and pay back with little interest rate, the more you borrow, you loan limits will be increasing.
Basics Requirements To take Loan From Kiakia.
Below Are The List of kiakia Loan Requirements.
In other for you to be able to borrow quick loan from Kiakia, you need to provide the follow below:
- You must provide means of identification like Drivers license, National identity Number And passport.
- You must be 18years And Above.
- You must have a commerical bank Account And Have BVN (Bank Verification Number).
- You must be a resident of Nigeria
Kiakia Loan Review: How To Apply For Kiakia loan?
Here are the steps on how to apply for a Kiakia loan:
- Visit Kiakia website.
- Click On the “ Apply For loan” Button.
- Create an account and provide your personal information.
- Upload a copy of your valid ID [Government Approved ID Card].
- input the amount of loan you need and the loan duration.
- Read And Accept The Terms and Conditions on The website.
- Authenticate your bank account As Prove Of Identity.
- Once your application is approved, you will be credited with the loan amount within 24 hours.
Is Kiakia Loan Real or Not?
Still on Kiakia Loan Review, most people are asking if kiakia loan is legit or not because they don’t want to be scammed.
Kiakia loan website is real, if you want to take loan I will advise you to visit the website because they don’t have any app for now and always take loan you can easily pay bank within the duration given to you.
What Are The Duration For loan Repayment?
It depends but I think the standard duration for loan prepayment for this Kiakia is 7 and 30days and you just pay when the time reach because is an agreement.
Advantage Of Taking Loan Form Kiakia
Here are some of the advantages of Kiakia loans:
- Competitive interest rates: Kiakia loans have competitive interest rates, starting at 6.5% per annum.
This is lower than the interest rates charged by some other lenders in Nigeria.
- Flexible repayment terms: Kiakia loans offer flexible repayment terms, with loan tenures ranging from 7 days to 24 months.
This gives you the flexibility to choose a repayment plan that fits your budget.
- Quick and easy application process :The application process for Kiakia loans is quick and easy. You can apply online or through the Kiakia mobile app.
- No collateral required: Kiakia loans do not require collateral.
This means that you do not have to put up any assets as security for the loan.
- Available to Nigerian citizens: Kiakia loans are available to Nigerian citizens who meet the eligibility requirements.
Disadvantages Of Kiakia loans
However, it is important to note that there are also some disadvantages to Kiakia loans, such as:
No mobile app yet: Kiakia does not have a mobile app yet. This means that you can only apply for a loan through their website.
Credit checks may be required: Kiakia may require a credit check before approving your loan application. This could affect your credit score if you are denied a loan.
Late payment fees may apply: If you miss a payment on your Kiakia loan, you may be charged a late payment fee. This could add to the overall cost of the loan.
Conclusion On: Kiakia Loan Review
When it comes to Quick Loan, Kiakia loans can be a good option for people who need quick and easy access to loans in Nigeria. However, it is important to carefully consider the terms and conditions of the loan before you apply.
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