Rates & charges

Know the cost.

Clear information before you commit. No fine print.

Loan amount

₦100,000 – ₦2,000,000

Tenure

3 – 12 months

Monthly interest

4%

Processing fee

1%

Credit-life insurance

1.5%

Repayment

Deducted from source

Interest is a flat 4% monthly on the principal. Fees are deducted once, from your disbursement. There are no hidden charges.

Estimate repayment

Ready for the next step?

Check the basic requirements first. Potentially eligible applicants can then continue securely to WACS.