Sokoloan – Loan details
Fast payday loans up to ₦100,000 via mobile app with flexible repayment of 7–190 days.
Loan amount
₦5K – ₦100K
Interest from
4.50%
Term
1 – 7 months
Approval
5 minutes
Pros
- ✓ Rapid fund disbursement in minutes
- ✓ No collateral required
- ✓ Long flexible repayment period up to 190 days
- ✓ 4.5% starting interest rate
- ✓ Mobile app access
Cons
- ✗ Limited maximum loan amount (₦100,000)
- ✗ Fees apply (e.g. ₦3,200 fee on ₦10,000 loan)
- ✗ Requires smartphone
Requirements
- 18+ years old
- Nigerian citizen
- Active smartphone
- BVN (Bank Verification Number)
Company information
Soko Lending Company Limited
9 Acme Rd, Agidingbi, Ikeja, Lagos
https://sokoloan.com
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.