Redefining Loan Access for Nigeria Underserved
In a country where access to credit has long been a barrier to economic mobility, Andray Finance Limited is rewriting the rules. Founded in 2022 and headquartered at Cardinal Place, Victoria Island, Oniru, Lagos, the digital-first financial institution is rapidly emerging as a game-changer in Nigeria’s loan financing landscape—especially for individuals and small businesses historically excluded from traditional banking systems.
At the heart of Andray Finances operations is a bold mission: to democratize access to financial tools that empower everyday Nigerians. From market women in Mushin to tech startups in Yaba, the company’s tailored loan products are designed to meet diverse needs with transparency, speed, and affordability.
We believe everyone deserves access to financial support that aligns with their aspirations, says Okoye Samantha, a leading voice at Andray Finance. Our goal is to be a catalyst for economic empowerment.
Andray Finances mobile-first platform allows users to apply for loans, track their status, and manage repayments—all from their smartphones. This approach has proven especially effective in reaching underserved populations, including rural farmers and informal traders. Their offerings include:
- PayDay Loans and Salary Advances with flexible repayment terms
- Vocational and Educational Loans with interest rates as low as 1percent
- Agricultural Financing tailored to seasonal cycles, supporting smallholder farmers with up to ₦3 million in funding
- SME and Asset Financing for entrepreneurs looking to scale their businesses
Unlike many lenders in the market, Andray Finance prides itself on clear loan terms, no hidden fees, and repayment schedules that reflect the borrower’s financial reality. This customer-centric approach has earned the company a reputation for integrity and reliability.
We are not just offering loans—were offering dignity, said Bayowa Fredrick Borokini, Founder and Chairman. Our clients know exactly what they are signing up for, and they trust us to walk the journey with them.
Since its inception, Andray Finance has disbursed thousands of loans across Nigeria, with a growing footprint in underserved regions. Their agricultural loan program alone has helped boost productivity and food security in key farming communities.
As Nigeria continues to navigate economic challenges, Andray Finance stands out as a beacon of hope—leveraging technology, empathy, and innovation to build a more inclusive financial future.
