Are you looking for a quick and convenient platform to borrow money in Nigeria?
Monéé might be the one time solution for you. Monéé a digital platform aims to make banking, borrowing, and financial management like streamlined bill payments and investments hassle-free.
Monéé: Who are they?
Monéé, a Nigerian fintech company, is at the forefront of transforming the lending landscape, empowering individuals to seize control of their financial destinies. Offering a comprehensive suite of services, including short-term loans, savings and investment opportunities, bill settlements, and seamless money transfers, Monéé stands as a beacon of financial empowerment.
Powered by Citygate Global Investment Limited, a seasoned microfinance institution boasting over 13 years of industry expertise, Monéé emerges as a dynamic mobile platform. It seamlessly integrates loan facilitation, savings accumulation, investment avenues, bill management, and fund transfers, catering to the diverse financial needs of its users.
As both a financial service and a platform, Monéé is dedicated to enriching the lives of its users by providing vital financial support precisely when needed. Through targeted savings and investment schemes, Monéé enables individuals to craft robust financial plans, enhancing their financial well-being and fostering a brighter future.
Monéé loan Eligibility Requirements
To be eligible for a Monéé loan, you’ll need to meet the following criteria:
- Nigerian Residency: Monéé services are specifically geared toward Nigerian residents.
- Age:You must be at least 18 years old to apply.
- Bank Verification Number (BVN):Your BVN is used for secure identity verification.
- Email Account:You’ll need a personal email address for setting up your Monéé account and communication.
- Bank Account:Loan amounts are sent directly to your linked personal bank account.
How to Apply for a Monéé Loan
- Download the App: Find the Monéé app on your preferred app store and install it on your phone.
- Create an Account: Open the app and create a free account using your basic information.
- Verify Your BVN: Link and verify your BVN to confirm your identity.
- Apply for a Loan: Select the amount you’d like to borrow and your preferred repayment schedule. Submit your application.
- Get Approved: If your application is successful, your loan funds will be transferred to your bank account swiftly.
Benefits of Using Monéé
- Flexible Loans:Access loans from NGN2,500 up to NGN1,000,000.
- PersonalizedRepayment Plans: Choose a repayment schedule between 61 and 360 days (12 months).
- No Collateral or Guarantors:No need to put up assets or involve third parties.
- Competitive Interest Rates:Monéé offers interest rates that are competitive within the Nigerian market, with an APR ranging from 30% – 36%.
- No Hidden Fees:Transparent pricing ensures no surprises.
Get more of Monéé
Monéé offers more than just loans. Their services include:
- High-Interest Savings:Earn a minimum of 13% interest on your savings; the more you save, the more you earn!
- Money Transfers:Send money to loved ones with a minimal N10 transfer fee.
- Bill Payments:Pay various bills effortlessly from the app.
- Airtime and Data Recharge: Purchase airtime and data packages with ease.
Monéé’s Terms and Conditions
Before applying, understand Monéé’s terms and conditions. Key points to note:
- Interest Rates and Fees:Interest rates (APR) start at 30% and can vary. There are no processing fees.
- Taxes:Be aware of any potential taxes associated with your loan.
- Late Payments:Monéé does not charge penalty fees for late payments.
- Defaulting:It’s important to understand the consequences of defaulting, which can be outlined in their terms.
Monéé Contact Information
- Email: support@monee.ng or info@monee.ng or hello@monee.ng
- Phone: 070024894283 or 012919739
- Website
- Mobile App
- Social Media:Find them on Facebook, Instagram, and Twitter.@monee
Important Notes
- Always read all terms carefully before accepting a loan from Monéé or any other lender.
- Borrow responsibly and only what you can comfortably repay to avoid financial difficulties.
