Sokoloan – loan application
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Screenshot of https://sokoloan.com, operated by: Soko Lending Company Limited, used under legitimate licence.
Contact
Company
Soko Lending Company Limited
Address
9 Acme Rd, Agidingbi, Ikeja, Lagos
Website
https://sokoloan.com
Sokoloan – repayment table
Estimated monthly repayments at 4.50% monthly interest. Actual terms confirmed upon approval.
| Amount \ Term | 1 months | 3 months | 6 months |
|---|---|---|---|
| ₦10,000 | ₦10,450 | ₦3,783 | ₦2,117 |
| ₦20,000 | ₦20,900 | ₦7,567 | ₦4,233 |
| ₦30,000 | ₦31,350 | ₦11,350 | ₦6,350 |
| ₦40,000 | ₦41,800 | ₦15,133 | ₦8,467 |
| ₦50,000 | ₦52,250 | ₦18,917 | ₦10,583 |
| ₦60,000 | ₦62,700 | ₦22,700 | ₦12,700 |
Representative example
Loan amount
₦52,500
Repayment term
7 months
Monthly interest
4.50%
Monthly repayment
₦9,863
Total interest costs
₦16,538
Total amount payable
₦69,038
* Example is for illustration only. Actual terms are confirmed upon loan approval.
Quick overview
Loan amount
₦5K – ₦100K
Term
1 – 7 months
Interest from
4.50%
Approval
5 minutes
Age
18+ years
Online application
Yes
Requirements
- ✓ 18+ years old
- ✓ Nigerian citizen
- ✓ Active smartphone
- ✓ BVN (Bank Verification Number)
Loan features
- App-based application
- 1-hour approval
- Loans ₦5K–₦100K
- No collateral