Sokoloan news
Sokoloan is a popular online lending platform in Nigeria that provides short-term loans to individuals and small businesses. Here are some recent news and updates about Sokoloan:
Recent News:
- Sokoloan Partners with Flutterwave: Sokoloan has partnered with Flutterwave, a leading fintech company in Africa, to expand its lending services to more customers. This partnership aims to increase Sokoloan's reach and provide more convenient loan options to its customers.
- Sokoloan Launches New Loan Product: Sokoloan has launched a new loan product called "Sokoloan Quick" which offers instant loans to customers with a minimum loan amount of N5,000 and a maximum loan amount of N50,000.
- Sokoloan Introduces Mobile App: Sokoloan has introduced a mobile app that allows customers to apply for loans, track their loan status, and make repayments on the go.
- Sokoloan Wins Award: Sokoloan has won the "Best Online Lender" award at the 2022 Fintech Awards in Nigeria. This award recognizes Sokoloan's innovative approach to lending and its commitment to providing financial inclusion to underserved communities.
Recent Updates:
- Loan Interest Rate: Sokoloan's loan interest rate is currently 20% per annum, which is competitive compared to other online lending platforms in Nigeria.
- Loan Repayment Period: Sokoloan offers loan repayment periods ranging from 30 days to 180 days, giving customers flexibility to repay their loans according to their financial situation.
- Loan Eligibility: To be eligible for a Sokoloan loan, customers must be at least 18 years old, have a valid ID, and have a minimum monthly income of N50,000.
- Customer Support: Sokoloan offers 24/7 customer support to its customers, providing assistance with loan applications, loan disbursements, and loan repayments.
Reviews and Ratings:
Sokoloan has received positive reviews from its customers, with an average rating of 4.5 out of 5 stars on various review platforms. Customers have praised Sokoloan for its fast loan disbursement, flexible repayment terms, and user-friendly online platform.
Overall, Sokoloan is a popular online lending platform in Nigeria that offers convenient and flexible loan options to individuals and small businesses. With its recent partnerships, new loan products, and mobile app, Sokoloan is poised to continue its growth and expansion in the Nigerian fintech market.