Kudi Capital Boosts SMEs with Online Loan Market


With the biggest economy in West Africa struggling to rebound, Kudi Capital Management has offered to support business-minded individuals and small and medium scale enterprises (SME’s) operators with online lending platform that has just been launched. The platform, Kudimoney.com, fully licensed, would be offering an unsecured and no fee personal loans for fixed-rate, of up to N1, 000,000 over a six-month period.

The initiative provides a platform committed to creating innovative and practical financial products for Nigerians to easily access secured, transparent, and flexible loans; more so, to address the challenges that come with the process of accessing short term loans. Providing more details on the platform, its founder, Babs Ogundeyi, said, “Kudi loan offers option for consumers who are searching for a simple hassle-free loan alternative for everyday needs. Technology offers boundless opportunities to make everyday living better while finance is integral to daily living, which is why we are offering both products.

“Interested customers can apply for the loans by logging on http://www.kudimoney.com, and complete four crucial steps”. The steps according to Ogundeyi are registering on www.kudimoney.com, calculate loan repayment plan with easy-to-use Kudimoney calculator fill out application and receive and accept offer after verification. Applicants are assessed and then receive immediate credit decision, followed by automated verification steps for final approval.

The founder also announced plans to roll out more loan products also targeted at individuals and SMEs soonest. Founded in 2016, the company is positioned to establish a platform of choice for consumer lending in Nigeria with over 5,000 registered customers in Nigeria. It joins the likes of OneFinance, Kiakia, C24, Snapcredit, and QuickCheck in the business line.