Migo – Loan details
Instant mobile loans up to ₦500,000 disbursed in 5 minutes.
Loan amount
₦500 – ₦500K
Interest from
5.00%
Term
1 – 12 months
Approval
5 minutes
Pros
- ✓ Very fast disbursement
- ✓ No collateral needed
- ✓ Available 24/7
- ✓ Works on any phone
Cons
- ✗ Lower loan limits for new users
- ✗ High interest rate 5% monthly
- ✗ Short repayment periods
Requirements
- Nigerian bank account
- BVN verification
- 18+ years old
Company information
Migo Money
Lagos, Nigeria
https://migo.money
This document is for informational purposes only. Always verify current terms and conditions directly with the lender before signing any agreement. CoolFinance.com.ng is an independent comparison portal operated by double technology s.r.o., Czech Republic.