Bimzukash offers easy loans to Nigerians

Nigerians seeking loans in recent months have found relief in Bimzukash, a loan servicing company that provides payday advances and business loans within minutes with the first loan ranging up to N100,000 to N1,000,000. N and subsequent loans likely to grow up to N5,000,000.

The fintech that has been around for quite some time launched its mobile app in 2021 and has so far proven to be different from other similar entities.

Speaking recently, Bimzu, the CEO, revealed, “We are providing first-time loans up to N100,000 to N1,000,000 (depending on applicant’s bank statement), which is not applicable in other loan applications. Plus, we have the best interest rate and repayment plan. We also interact with our customers 24 hours a day, 7 days a week, to enable us to meet their needs.

He further confessed that the company has no problem getting borrowers to repay their loans. “We give credible, verified customers, we trust our customers to repay,” he said.

According to him, the purpose of starting the loan service is to provide a sustainable source of funding for indigenous businesses and working-class people who may need a payday advance. He said: “Many employees often find themselves in a situation where they could use the salary advance and also the capital to start a side business, so Bimzukash was created for this purpose; and to show empathy, we give a high starting loan and also a long term with a low interest rate.

Some of Bimzukash’s satisfied customers also attributed their preference to ease of access.

The CEO further asserted. “We are available 24 hours a day. Our app can be downloaded from Google Play Store for Android users and from Apple Store for iOS users. We have made the app compatible with all types of phones,” he said.

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