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Tuesday, 31 March 2020

12 WEBSITES THAT GIVE COLLATERAL FREE LOAN IN NIGERIA


1. GROFIN grofin website GroFin provides Small and Medium Enterprise (SME) finance/business loans across Africa & the Middle East. If you have investible numbers and you looking to expand your business, then GroFin is your best short. With GroFin, businesses can access business loans between US$100,000 and US$1.5 million. If you think your business ticks the required checklist, then you can submit your online application here. Also Read: How To Get Business Loan in Nigeria: The Ultimate Guide. 2. SMEDAN smedan nigeria website Last on the list is SMEDAN, a government-backed initiative to offers quick and easy business loans to Nigerian SME’s businesses in need of financing. The core mission of the organization is to promote entrepreneurship among Nigerians and also provide capital to start the business. Aside funding, SMEDAN also provide business owners with hands-on training and support to help them run their business. If you would like to apply, click here to access their online application portal. 3. LYDIA.CO lidya nigeria website Lidya is an online platform that provides businesses access to finance. The platform offers small and medium-sized businesses with unsecured loans of between $500 and $15,000. According to the founders, “Lidya uses technology and algorithms to assess the risk before granting the loans, it allows them to offer financial products to these customers at a low cost.” 4. AELLA-CREDIT aellacredit nigeria website Aella Credit is building platforms that make it easier for individuals in Africa to gain access to financing. Mainly focused on employee lending and empowerment, the company was affiliated with three main credit bureau agencies in Nigeria to provide quick and affordable loans with no paperwork to its customers. Aella Credit uses a proprietary credit scoring algorithm to determine the creditworthiness of its users. The algorithm, which was built after the team gathered over five years of market data and analysis, processes an applicant’s eligibility for a loan by considering social and demographic factors as well as their debt to income ratio. 5. ZEDVANCE zedvance nigeria website Zedvance is a consumer finance company committed to providing consumer credit to individuals. You can borrow up to 3 Million Naira in less than 24 hours. The company specifically provide loans to salary earners but if you are a salary with a side business, you can pick up the deal to finance your business use. Also Read: 7 Top Business Grants & Loans Available for Small Businesses in Nigeria. 6. PAYLATER paylater nigeria website Paylater is an easy and entirely online lending platform that provides short-term loans to individuals and small businesses in Nigeria to help cover unexpected expenses or urgent cash needs. With Paylater, you can access up to 500,000 Naira loan with no collateral. Once your application is approved, funds are typically received within 1 – 3 business days. Making on-time repayments can grant you access to higher credit limits for your next loan. 7. KIAKIA.CO kiakia nigeria website KiaKia is a digital money lender for Nigerian businesses. KiaKia utilizes psychometry, big-data, machine learning and digital forensics for its proprietary credit scoring and credit risk assessment algorithm to provide direct and peered personal and business loans to millions of individuals and SMEs without credit information. The name KiaKia was derived from a Nigerian language which means “Fast Fast”. According to them, the solution is very simple and fast, but highly effective and efficient. 8. ONE-FI onefi nigeria website Formerly known as One Credit, OneFi is a credit facility company that offers short-term consumer loans to credit-worthy individuals with limited access to finance. One-Fi loan repayment cycle is typically between 3 – 6 months, with loan amounts up to N200,000 or more. Also Read: Five ways to get funds for a startup business in Nigeria. 9. C24 c24 nigeria website C24 Limited is a microfinance institution that was established with the sole mission to create an avenue for people to actualize opportunities around them, by helping them access cash loans when they need it. C24 understands the need for quick cash loans and the necessity of quicker loan processing time. Their online loan process has been optimised to help applicants avoid the stress associated with other loan companies. 10. QUICKCHECK quickcheck nigeria website QuickCheck is a modern lending platform for individuals and small businesses. QuickCheck uses mobile technology to enable individuals and small businesses to gain access to financial credit. According to the platform, users can access quick and hassle-free loans of up to 30,000 Naira without any collateral for a duration of either 15 or 30 days. 11. SPECTA specta loan nigeria sterling bank Specta is an online lending platform that gives you loans of up to 5 Million in one transaction all within 5 minutes! No collateral, no paperwork and no visit to any office. With Specta, you can take care of urgent personal and business needs anywhere, anytime. Specta has 2 loan products, MySpecta which offers individual loan services and Specta4Business which provides quick and accessible loan for corporates and business owners. Also Read: How To Get Business Loan From Development Bank Of Nigeria. 12. FAST CREDIT fast credit loans nigeria FastCredit offers business loans to micro, small and medium enterprises to support business growth. The loans are backed by guarantors and are for a maximum tenor of 6 months for business owners that meet the criteria. Aside from business loans, they also offer simple and fast ‘all-purpose’ cash loans to employees of corporates such as the banks, TELCOs, Insurance/other financial institutions, FMCGs, Pharmaceuticals, Aviation, Oil and Gas employees etc to enable them urgently meet their consumer needs. ADV

Reasons Boko Haram Succeeded In Killing More Than 40 Soldiers Of Nigeria Army

On the evening of Monday 23rd, March 2020 more than 40 of Nigeria troops were killed in a Boko Haram ambushed in the Gorgi village of Borno State. A town at the border with Chad close to the Lake Chad. The terrorist group attacked the Nigerian troops who were traveling for a clearance operation at the border of lake Chad peninsula following intel that the insurgent might have set up camps after Chadian forces were attacked the early hours of Monday. Nigerian troops came under heavy fire from the Boko Haram terrorist who attacked the troops with rocket-propelled grenades and heavy weapons, bringing death upon more than 40 soldiers of the Nigeria Army. The question remains how come the terrorists were able to have the upper hand against the Nigeria Army? Here are feasible reasons. 1. The Insurgent have earlier that day attacked a Chadian force station at Boma village in the Lake Chad peninsula carting away a large number of weapons. The Boko Haram terrorists were well prepared and armed. In the last 48 hours before the ambush, Boko Haram has added to its arsenal one 40 barrelled rocket artillery, a dozen 102mm howitzers and huge caches of munitions. These stolen weapons somehow come in handy for Boko Haram. And they were able to decimate the Nigerian troops and causing death to Innocent soldiers. 2. The second reason was the vehicles of operation the Nigerian troops were traveling in. They were traveling in a convoy of the open gun truck and Toyota Hilux van which offers no cover and protection against heavy fire from the Boko Haram terrorists. These trucks were also used as transport vehicles for grenades and heavy ammunition, which makes them easy targets. The life of our troops has continued to be useful to cover up corruption in the military top echelon. Why would a military fighting a non-conventional, hit and run enemy continue to expose its troops to heavy fire? When MRAP's would have been the better option that could offer cover from heavy fire and can also provide speed to pursue the enemy. 3. The conspiracy that external powers are behind the Boko Haram terrorist. The fact that the Boko Haram terrorists were able to attack the Chadian force for more than 6 hours undisturbed and also carting away a large cache of ammunition brings a clause to bear. Chad and Niger both house a French and American airbases which have in their arsenals deploy-able drones and aircraft that can arrive at the scene within minutes. Yet the Chadian troops were overwhelmed and weapon caches stole. The same French force that was able to decimate rebel groups from Libya en-route northern Chad In February, when fighter jets of France Rafale decimated the rebels halfway, yet Boko Haram attack a Chadian force for more than 6 hours and escape. Conclusion It is high time the Nigerian government needs to look at the Boko Haram problem holistically. The well-being and safety of our troops are paramount, as such government should invest in MRAPs, which are more suitable for non-conventional warfare like the one currently going on in the Northeast. kindly read, like, comments and share... your commen
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