You can simply request for a loan by following these basic steps:

• - Install the Monibac App from Playstore and create an account
• - Start saving (maintain an active savings balance)
• - After 3 months, you are eligible to request for a loan of up to 50% of your total savings
• - Loan request is made by simply submitting basic KYC details on the application and selecting the duration of the loan.
• - Monibac receives loan request and validates KYC documentations against your Monibac profile.
• - Monibac approves request and your offer letter is sent to your email for acknowledgement
• - Your Monibac is credited with your loan amount after acknowledgement

Monibac offers single digit interest loans at :

• - 9% for 90 days
• - 15% for 180 days

Monibac is a safe and secure platform that offers the following benefits:

• - You do not need a collateral before you can access a loan
• - There are no charges on both deposits and loans.
• - You can get an additional 50% of your savings as loan.
• - You can get from 20,000NGN to 500,000NGN as loan
• - We will always send reminders for your repayment without much disturbance.