StartCredits StartCredits StartCredits StartCredits
  • Loans
    • Credit Score
    • Guide
  • Investments
    • Bank
    • Bitcoin
  • Log In
StartCredits StartCredits
  • Loans
    • Credit Score
    • Guide
  • Investments
    • Bank
    • Bitcoin
  • Log In
Kada Microfinance bank

Kada

Interest Rate (4% – 11%)

 

Apply
Category: Microfinance Tags: Business, Group Loan, Micro Loan, Salary Advance
  • Description

Description

Kada Microfinance Bank


Kada Microfinance Bank is a CBN licensed institution offering loans for multiple purposes in Kaduna, Nigeria.

 

Products

  • Micro loans – This is for entrepreneurs, traders and students to access for existing businesses. Kada Microfinance Bank offers business owners of Small and Medium Size Enterprises the opportunity to access loan products in a quick, transparent and efficient way. The customer must complete the Bank’s Loan application form to enable us complete loan’s tracker compliance form. Maximum tenor of 6 months at an interest rate of 5% plus other fees. Collateral is required
  • Salary Advance – Advance against expected salaries is available for salary earners of acceptable organizations. The maximum amount of loan is 50% of expected month end salary for a maximum tenor of 30 days. The loan is repayable from the next available salary. Customers are expected to domicile their salaries to the Bank, or the domiciliation of cheques of other banks drawn on their salary accounts, or as otherwise agreed.
  • Group Loan – The group loan is available from Kada at 5% plus a 4% borrowing fee and other loan fees.

Pros

  • Flexible loan conditions
  • Competitive rate

Cons

  • Collateral required
  • Geographic restrictions to Kaduna
  • Guarantor required

Kada Requirements

  • Letter of employment
  • Staff identity card
  • Pay slip
  • 6 months statement of account
  • Other forms of identification (National Identity card, international passport, etc)
  • Utility bill
  • Two credible guarantors

Related products

  • accion loans

    Accion

  • Fina Trust Microfinance Bank loans

    Finatrust

  • social lender loans

    Social Lender

  • kiakia loans

    KiaKia

Search for your Loan

Latest Loans

  • paymyrent loan Paymyrent
    Rated 3.00 out of 5
  • susu microfinance Susu
  • snapcredit loans SnapCredit
  • skye-bank loans Skye
  • Quickcheck QuickCheck
  • Mayfair microfinance bank loans Mayfair
    Rated 5.00 out of 5
  • Providus Bank Providus
  • echo microfinance Eco bank
  • baobab Baobab
    Rated 3.75 out of 5
  • kwikpay Kwikpay

Loan Advice

  • Securing a federal government housing loan in Nigeria
  • Non-performing loans of Nigerian banks
  • Types of loans offered in Nigeria
  • Home loans in Nigeria
  • Who gives loans for Nigerian Startups
  • The 2020 top banks in Nigeria by earnings
  • Key requirements to access loans in Nigeria
  • Can You Still Get a Loan After Bankruptcy in Nigeria?

Company

  • About
  • Contact
  • Careers
  • Credit Score

Loans

  • Moneylenders
  • Peer to Peer
  • Mortgage
  • Microfinance

Investments

  • Bitcoin
  • Bonds
  • Deposits
  • Shares

Follow Us!

Follow Us on FacebookFollow Us on TwitterFollow Us on LinkedInFollow Us on Google+
Return To Top
  • Moneylenders
  • Peer to Peer
  • Mortgage
  • Microfinance
Copyright © 2021 startcredits.com
  • Loans
    ▼
    • Credit Score
    • Guide
  • Investments
    ▼
    • Bank
    • Bitcoin
  • Log In