Twaleloan Offers Small Personal Loans

Twaleloan offers small personal loans up to NGN.100,000 to Nigerian citizens. The application and loan review process is entirely online and disbursal can be made within minutes upon approval.
Twaleloan is a Nigerian money lender licensed by the State Government of Lagos under Section 5(2) of the Money Lenders Law


Product features:

Loan Principle: NGN. 3,000 – 100,000
Loan Tenure: from 91 days to 365 days
Interest Rate (APR): 10%-30% per annum (varies by customer)


For example:

For a loan of NGN.10,000 with 6 months (180 days) of tenure, the annual service fee rate (APR) is 20.00%, then
Daily interest = 20%/360 = 0.0556%
Service Fee for 180 Days = 10,000 * 0.0556% * 180 = 1000
Repayment amount = 10,000 + 1,000 = 11,000


Application Requirements:

1. Nigerian citizen with valid Bank Verification Number (BVN) and National Identity Number (NIN)
2. 20-60 years of age (Do not attempt to apply if you don’t fall into this age range. Your loan will not be approved)


Application Procedures:

1. Sign up for an account and verify your mobile phone with verification token
2. Fill out the loan application form, which takes less than 5 minutes to complete. You may be asked to submit a liveness photo in order to verify your identity
3. Choose your loan amount, tenure and disburse account
4. Loan disbursed to your designated account upon approval. Make sure you repay on or before the due date to maintain your credit history


Additional Notes:

Multipal factors are taken into consideration when we assess your eligibility for a loan, including but not limited to your income profile, credit report, past loan performance, etc. Please ensure that all information you provide are correct and accurate to the best of your knowledge. Any falsification can lead to consequences ranging from blacklisting your profile to reporting you to the police in cases of clear fraud.


Contact us:

Email: [email protected]
Address: 25 Wemco Road, CITC House, Ogba, Lagos, Nigeria
Official site: 
Privacy policy: 

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