Streamlined Microloan Access for Nigerians
FirstNell-Personal Loan App offers an easy and efficient way to access microloans in Nigeria. This free app allows users to secure loans ranging from ₦50,000 to ₦250,000, with flexible repayment options tailored to individual needs. The user-friendly interface ensures that the application process is straightforward, requiring minimal documentation. Users can enjoy a repayment period of 91 days up to 365 days, making it adaptable to various financial situations.
The app features competitive interest rates, with an annual percentage rate (APR) ranging from 18.5% to 20.55%. To qualify, users must meet specific criteria, including being a Nigerian citizen aged 18 or older, possessing valid identification, and maintaining an active bank account. However, it is important to note that the app is exclusively available for Nigerian nationals.
