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Social Lender – online loan Nigeria

3.5 / 5 (134 reviews)

Social Lender loans based on your social media credit score.

Amount ₦1K – ₦100K
Interest from 5.00%
Term 1 – 1 months
Approval 24 hours
⚠️

Social Lender no longer appears to be active in Nigeria. The website is unavailable and we were unable to verify the company is still operating. We recommend comparing alternative lenders below.

Social Lender screenshot

Screenshot of https://sociallender.com

Social Lender – Social Media Credit Nigeria

Social Lender is a unique Nigerian lending platform that uses your social media reputation as collateral. Loans from ₦1,000 to ₦100,000 are available to Nigerians with a strong social media presence and good online reputation.

✓ Pros

  • Unique social media-based scoring
  • Accessible to underbanked
  • No traditional collateral

✗ Cons

  • Social media activity required
  • Short 30-day term
  • 5% monthly rate

Loan example

Loan ₦30,000 for 30 days at 5%. Fee = ₦1,500. Total = ₦31,500.

Loan requirements

  • ✓ Active social media accounts
  • ✓ Nigerian citizen
  • ✓ BVN
  • ✓ Bank account

Loan features

  • Social media-based credit
  • ₦1K–₦100K
  • No traditional collateral
  • 24-hour approval

Frequently asked questions

24 hours after submitting your application.

The minimum amount at Social Lender is ₦1,000.