In Nigeria, getting or securing a loan is a monumental task. They demand all sorts of documents and of course without a collateral, you won’t get the loan. These and the ridiculous interest on the loan has discouraged a large number of Nigerians from approaching banks to request for a loan.
As such, many in the country who need emergency loans cannot get it as even friends and family members are unwilling to lend them money and going to the bank is not an option.
Look no more as Quickcheck.ng has launched to help Nigerians access quick loans, anytime, anywhere, from the comfort of their mobile device.
Launched in 2016, Quickcheck.ng understands the pains of the small business owner in Balogun market who needs to buy more fabrics, the trader in Onitsha, Aba who needs to send shoes to Lagos, the single mother in Kano who needs to pay school fees for her kids and of course that startup owner (possibly the next big thing) who just needs an extra 10 -15,000 to push the startup for another one month.
The maximum loan application is N30,000 for a duration of either 15 or 30 days.
So, how does it work? You simply download the app, login with your Facebook account, enter your loan amount and you will get a response in 24 hours. This is unlike the banks that take forever to even respond to your request.
Clearly, this platform is for Nigerians with small needs. This does not really matter as far as they can offer their services to them without any hitches.