Social Lender – loan application
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Screenshot of https://sociallender.com, operated by: Social Lender Nigeria, used under legitimate licence.
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Social Lender – repayment table
Estimated monthly repayments at 5.00% monthly interest. Actual terms confirmed upon approval.
| Amount \ Term | 1 months |
|---|---|
| ₦10,000 | ₦10,500 |
| ₦20,000 | ₦21,000 |
| ₦30,000 | ₦31,500 |
| ₦40,000 | ₦42,000 |
| ₦50,000 | ₦52,500 |
| ₦60,000 | ₦63,000 |
Representative example
Loan amount
₦50,500
Repayment term
1 months
Monthly interest
5.00%
Monthly repayment
₦53,025
Total interest costs
₦2,525
Total amount payable
₦53,025
* Example is for illustration only. Actual terms are confirmed upon loan approval.
Quick overview
Loan amount
₦1K – ₦100K
Term
1 – 1 months
Interest from
5.00%
Approval
24 hours
Age
18+ years
Online application
Yes
Requirements
- ✓ Active social media accounts
- ✓ Nigerian citizen
- ✓ BVN
- ✓ Bank account
Loan features
- Social media-based credit
- ₦1K–₦100K
- No traditional collateral
- 24-hour approval