What Our Clients want to know
Questions Clients Ask
Most frequent questions and answers
To successfully submit a loan application, you have to fulfill the following requirements :
- An applicant must be resident in Nigeria
- An applicant must be above 21 years of age
- An applicant must have evidence of verified source(s) of income (employed in the public/private sector or runs his/her own business)
- An applicant must provide proof of income (sms or email screenshots of monthly income alerts or electronic bank statement (in Pdf format) for the 6 most recent months)
- An applicant must possess a Bank Verification Number (BVN) and be an account holder with any of the mainstream commercial banks in Nigeria.
- An applicant must provide a valid means of Identification (Work ID for employed applicant, and Government-issued ID for self-employed) applicant
- Alternatively, an applicant can authorize Grace Moni Limited to view his/her bank transactions by connecting his/her bank account ONLY for the purpose of obtaining bank transaction details.
The loan review process is completed within a few minutes of successfully submitting a Grace Moni Limited loan application form in the Get A Loan page.
To successfully submit a loan application, this is how you have to go about it :
- Go to the Get A Loan page or click any of the Get Loan button on this website and fill the Request Loan application form with the necessary information and submit.
- A Grace Moni Agent will reach out to you with the information you submitted and may require addition information from you which you may send through email or any other means as they deem necessary.
- Accept loan terms and conditions (IF APPROVED)
- Authenticate your submitted bank accounts
- Get credited
The maximum and minimum amounts that can be accessed at any time depends on the applicant’s income level, employment type and loan request.
We need your BVN (Bank Verification Number) to establish your identity within the financial system and to furnish us with enough data/information about you to act on in the event of a breach of contract. Your BVN (bank verification number) is 100% safe with Grace Moni Limited. It is important to note that the BVN is a unique identification number for authenticating your identity and securing against fraud within the Nigerian financial system. It also makes it impossible for anyone to steal your identity or use it for any illicit purposes.
To repay a loan, do a transfer to this account with the following bank details:
Grace MONI LIMITED
5401082840
Providus Bank
Current Account
This is an instruction given to your bank to pay funds to a third party (in this case Remita), at a fixed amount, and on an agreed date.
LEND TO EARN
PEER 2 PEER
The Grace Moni Limited peer-2-peer platform where ordinary individuals above 18 years of age with legitimate means of income can fund secured and unsecured loans originated and booked by Grace Moni Limited platform and earn monthly, quarterly, bi-annual and annual interest rates on the funds.
With peer-to-peer loans, we match our most credible and qualified customers with individuals who are able to offer them loans at very affordable rates. Through our peer-to-peer marketplace, lenders have the flexibility of choosing very fantastic lending rates to earn good returns.
You are not obligated to use it. It is for people seeking credible, safe and decent income on their funds instead of keeping it idle.
You can fund a loan by using a valid debit card in your name or via a bank transfer (Details available at point of funding).
Yes, you can fund as many as your legitimate income can afford. The maximum tenure is 12 months.
