Lidya – loan application
Screenshot of https://www.lidya.co, operated by: Lidya Nigeria, used under legitimate licence.
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Lidya – repayment table
Estimated monthly repayments at 4.00% monthly interest. Actual terms confirmed upon approval.
| Amount \ Term | 1 months | 3 months | 6 months | 12 months | 18 months | 24 months |
|---|---|---|---|---|---|---|
| ₦500,000 | ₦520,000 | ₦186,667 | ₦103,333 | ₦61,667 | ₦47,778 | ₦40,833 |
| ₦1,000,000 | ₦1,040,000 | ₦373,333 | ₦206,667 | ₦123,333 | ₦95,556 | ₦81,667 |
| ₦1,500,000 | ₦1,560,000 | ₦560,000 | ₦310,000 | ₦185,000 | ₦143,333 | ₦122,500 |
| ₦2,000,000 | ₦2,080,000 | ₦746,667 | ₦413,333 | ₦246,667 | ₦191,111 | ₦163,333 |
Representative example
Loan amount
₦300,000
Repayment term
12 months
Monthly interest
4.00%
Monthly repayment
₦37,000
Total interest costs
₦144,000
Total amount payable
₦444,000
* Example is for illustration only. Actual terms are confirmed upon loan approval.
Quick overview
Loan amount
₦100K – ₦2.0M
Term
1 – 36 months
Interest from
4.00%
Approval
48 hours
Age
18+ years
Online application
Yes
Requirements
- ✓ Registered Nigerian business (CAC)
- ✓ 6-month business bank statement
- ✓ Valid ID of directors
- ✓ BVN
- ✓ Active Nigerian bank account
- ✓ Business operational for at least 6 months
Loan features
- SME business loans from ₦150,000 to ₦5,000,000
- Terms 1 to 12 months
- Interest from 4% per month
- No collateral required
- Online-only application
- Data-driven credit assessment
Ready to apply?
Go to official Lidya website ad