Have you ever dreamt of starting your own business but felt held back by a lack of funds?
Well, those dreams can become reality with an Okash loan.
Okash, a leading Nigerian fintech company, offers qualified applicants access to loans ranging from ₦3,000 to a staggering ₦1,000,000.
This can be the game-changer you need to turn your entrepreneurial vision into a thriving business.
Think about it: ₦1,000,000 opens doors to a multitude of exciting business opportunities in Nigeria. Here are just a few examples:
Retail Shop: Open a shop selling clothes, phone accessories, groceries, or other in-demand products.
Food & Beverage: Start a restaurant, cafe, or kiosk offering delicious local delicacies or snacks.
Cleaning Service: Provide cleaning services for homes or offices, catering to the growing demand for convenience.
Event Planning: Help people celebrate life’s milestones with well-organised events.
Phone Repair Shop: Offer phone repairs and troubleshooting services in a tech-savvy world.
Poultry Farming: Raise chickens for eggs or meat, contributing to the local food industry.
With an Okash loan, you can invest in equipment, rent a space, stock up on inventory, and get your business off the ground.
Okash Loan Application Requirements
Applying for an Okash loan is a breeze. Here’s what you’ll need to have on hand.
Valid Phone Number: You’ll receive updates and communicate with Okash through your phone.
BVN (Bank Verification Number): This is a unique number that verifies your bank account details.
Basic Personal Information: Get ready to provide your name, address, and date of birth.
There are no hidden requirements or lengthy paperwork involved.
Okash strives to make the application process as accessible as possible.
Steps to Apply for Your Okash Loan: Quick and Convenient
Ready to take the first step towards your business dream? Here’s how to apply for an Okash loan:
Download the Okash App: Search for “Okash: Safe and reliable loan” on the Google Play Store and download the app to your phone.
Register for an Account: Create a new account using your phone number.
Select Your Loan Amount and Tenure: Choose the amount you need and the repayment period that best suits your financial situation.
Fill Out Your Information: Enter your personal details and BVN accurately.
Submit Your Application: Once you’ve reviewed everything, submit your application for review.
Okash boasts a fast and efficient system. You’ll typically receive a decision on your loan application within 15 seconds.
Okash Loan Interest Rates: Transparent and Manageable
Okash offers competitive interest rates, ensuring your loan repayment remains manageable.
The exact rate depends on the loan amount and repayment period, but it generally falls between a minimum of 0.1% and a maximum of 1% daily.
This translates to an Annual Percentage Rate (APR) ranging from 36.5% to 360%.
Let’s look at an example to illustrate: Imagine you borrow ₦3,000 for a 91-day loan term. With a 9.1% interest rate, your total repayment would be NGN3,273 (₦3,000 principal + ₦273 interest).
Download the Okash Loan App and Take Charge of Your Future
Don’t let financial limitations hold you back from achieving your business goals.
With an Okash loan, you have the power to turn your ideas into reality. Download the Okash Loan App today and take the first step towards financial empowerment.
Remember, this is just the beginning of your entrepreneurial journey. Okash is here to support you with the financial tools you need to succeed.