Kiakia is a borrowing app in Nigeria that provides quick loans for both personal and business purposes.
If you knew pidgin English, you’d know that “Kiakia” means fast or, even better, “quickly.” Kia Kia was introduced in 2016. That is the exact premise of KiaKia Loan.
Accessing a loan without any collateral is quite simple with a KiaKia loan.
KiaKia Loan Conditions
To be eligible for a KiaKia loan, you must submit the necessary paperwork and meet the prerequisites.
• Acceptable Forms of Identification
• A Bank Verification Number-equipped bank account
• Additional evidence of earnings from a job or business
• An active email account
• You’re a Nigerian citizen.
• Lastly, you must be over 21.
How to Apply for a Loan for a Kia
To apply for a KiaKia loan, follow these steps:
1. Go to the website and register with the appropriate information.
2. Launch a website chat application.
3. Submit a reliable form of identification.
4. Type in the loan amount you desire.
5. Select the loan’s term.
6. Submit screenshots of your most recent three salary or revenue alerts.
7. If your application is accepted, agree to the terms and conditions of the loan.
8. Verify your bank account.
9. Finally, receive credit
Loan App for a Kia Kia
There isn’t a KiaKia loan app available right now in any of the mobile app shops. Their website is where you may use all of their borrowing services. They assert that this will enable utility phone users to access all of their services.
What Can I Borrow from a KiaKia Loan?
You can borrow from them for as little as N10,000 and as much as N200,000. However, the majority of users are first given a specific loan amount. Your maximum borrowing limit rises as you take out loans and pay them back on schedule.
What Is The Interest Rate On A Kia Loan?
The interest rates on this loan range from as little as 5.6% to as much as 24%. This isn’t a terrible rate basis, taking into account the speed of applications. One thing is for sure, though: during the loan application process, the precise applicable interest rate will be disclosed, and you can choose to accept or reject it.
You can read also about
Payment Of The Kiakia Loan airmoney Loan App or about Loans For the Unemployed In Nigeria
The terms of the Kiakia loan are very straightforward. The loan just needs to be paid off within the last seven to thirty days. However, due to the benefits that come with it, it is advised to pay off your debts earlier if you can.
What Are The Benefits And Drawbacks Of A Kia Loan?
They consist of the following:
Pros
• Funds are disbursed quickly after submitting an application, which is simple.
• In addition, there is no significant documentation needed.
• There are no geographical limitations, so you can apply from anywhere
Cons
• There is a loan processing fee.
• The maximum amount that can be borrowed is also relatively low.
Frequently Asked Questions and Answers
The following are some of the most typical inquiries about loans in Nigeria:
Can I get a loan if I don’t have a job?
You can, indeed. It might be hard to find, though, as most lenders prefer to lend money to people with a reliable and established source of income. Applying through loan apps that don’t truly take income into account as one of the criteria is the best course of action.
The leading platform that doesn’t require you to have a source of income in order to receive a loan is Loanspot Africa.
Can I acquire a personal loan if I don’t have a job?
You can, indeed. Today’s technology advancements make it simpler to trace borrowers than it was in the past. In essence, you can now apply for a personal loan without having a job. In actuality, all you have to do is submit your documentation as proof of account and go through the application procedures. Loanspot Africa is one of the sites that best facilitates this.
Conclusion
A KiaKia loan is unquestionably what you should look at if short-term loans are what you’re after. If you work with them for a while and build credit with them, you can qualify for loans that are much larger. You only need to visit their website, complete the necessary fields, and your loan application will be reviewed.
If it is successful, you will quickly receive your loan. However, you should only apply for a KiaKia loan if you can afford it. No room exists for defaults.
Link
Interested in accessing the app? here is their website https://kiakia.co/
Leave a Reply