Kamoa - Fair Business Loans

Kamoa is the digital financial marketplace for Nigerian businesses. Kamoa enables you to build your business credit profile from the convenience of your smartphone. Backed by the Development Bank of Nigeria, the Kamoa app provides small and medium businesses with access to a panel of reliable Nigerian lenders. Through a quick and easy application process, you can find fair and affordable financial products to back your business growth. Kamoa is not a lender. We help your business find funding from a panel of trusted lenders at market-leading prices with fair, clear and transparent loans and we demystify the credit scoring process so you can control your own creditworthiness. We use real data to provide lenders with an accurate and unfiltered picture of your true current circumstances. It’s as easy as 1, 2, 3… 1 - Download the app from the Google Play Store Download to any Android device for free. Once you launch the app, you will need to sign up with your phone number and you are ready to go! 2 - Register your personal and business details Complete the registration process by adding details about you, your business and your finances. The more information you can provide, the better your chance of being matched with a lender. 3 - Kamoa matches you with the right lender for your needs Kamoa uses your details to find you the best business loan offers from a range of lenders on the platform. Once matched with an affordable loan, a lender will be in touch with you to finalize the application. We’re committed to finding you the best funding for your business.It is our mission to build a trusting relationship between business owners and financial providers, giving Nigerians the opportunity to reach their business goals. If you decide to accept any of the offers with Kamoa and settle the loan on time your Kamoa TrustScore will grow. An improved score translates to better and cheaper loan offers in the future. Why join Kamoa Digitized loan origination and verification. Access and grow your business credit score when you share information. Accessible and affordable loans from a range of lenders to grow your business. Whole market view Understand different products and finance options from a range of trusted Nigerian lenders. Compare products and select the one that is right for your business. Terms The lenders on the Kamoa platform offer business loans only. Loan values range from 1,500 Nairas to 5m Nairas. Loan terms range from 12 weeks to 10 years. Interest rates range depending on product and lender, with a maximum monthly interest rate of 3% (36% APR) Interest rates vary depending on a number of factors including your repayment history. All interest rates are presented to users of Kamoa via a payment schedule and on the pre-agreement, before any loan agreement is made. There are no additional fees associated with the loans Kamoa lenders make available on the app. For support and any inquiries, please contact [email protected]