Freshmoni Loan App: by Step By Step Microfinance Bank Limited

Size20.6 MB
UpdatesOctober 06, 2023
CategoryLoan App Nigeria
Freshmoni Loan App
Freshmoni Loan App: by Step By Step Microfinance Bank Limited
About Freshmoni Loan IOS

In the ever-evolving landscape of financial technology, Freshmoni Loan App emerges as a beacon of financial empowerment. Developed by Step By Step Microfinance Bank Limited, this online loan service caters specifically to the residents of Nigeria, offering a seamless, collateral-free borrowing experience. This article delves into the intricacies of Freshmoni Loan, shedding light on its features, application process, repayment terms, and more.

Understanding Freshmoni Loan App

Table Of Content

What Sets Freshmoni Loan Apart?

Freshmoni distinguishes itself by providing hassle-free online loans ranging from NGN 5,000 to NGN 600,000. With an Annual Percentage Rate (APR) of 36%, the app ensures transparent and affordable borrowing. The repayment period is flexible, spanning from 91 to 365 days.

How Does It Work?

The loan calculation is straightforward. For instance, borrowing ₦50,000 with a 120-day repayment period incurs a total interest of ₦4,800. Thus, the total repayment amounts to ₦54,800. This clarity empowers users to make informed borrowing decisions.

Getting Started with Freshmoni Loan App

Step-by-Step Guide to Application

  1. Download the App: Find Freshmoni Loan on your preferred App Store.
  2. Account Registration: Sign up using your mobile number.
  3. Loan Selection: Choose a loan product that aligns with your needs.
  4. Personal Information: Complete basic information and submit your application.
  5. Verification Process: Await the verification process, with results communicated via SMS upon approval.
  6. Electronic Agreement: Electronically sign the loan agreement post-approval.
  7. Disbursement: Upon E-signing, the approved loan amount is swiftly disbursed to your account, accompanied by an SMS notification.

Eligibility and Customer Support

Who Can Apply?

To access Freshmoni Loan App, applicants must:

  • Be Nigerian residents.
  • Fall within the age bracket of 18-60.
  • Have a steady source of income.

Customer Support Information

For any queries or assistance, reach out to Freshmoni’s customer support:

  • Email:
  • Address: No 1 Harbour Industrial Road, Abada Office Building, 2nd Floor, Bridge Head, Onitsha, Anambra State
  • Telephone: 1-800-566-455 / 1-800-566-456


In conclusion, Freshmoni Loan by Step By Step Microfinance Bank Limited emerges as a reliable solution for Nigerians seeking accessible and transparent online loans. With a user-friendly interface, flexible repayment terms, and a commitment to customer satisfaction, Freshmoni stands at the forefront of financial technology, empowering individuals to meet their financial goals.

Sorry, the download is not available. You can contact the above-mentioned contact for more information.


Please enter your comment!
Please enter your name here