11 Loans in Nigeria For Non-Salary Earners


Loans in Nigeria for non-salary earners

Hey guys,

Today, we’ll be looking at where and how to get quick loans if you are not salaried.

Going by the economic situation in Nigeria right now, accessing quick loans, whether you are salaried or not has become inevitable.

Thanks to Fintech companies that make such quick loans available and accessible to Nigerians, it is now possible to get a fast loan in Nigeria in a matter of few minutes.

The loan opportunities I’ll be sharing in this post are especially suitable for you if you are a non-salary earner in Nigeria.

Without further ado, let’s get started.

You may also want to explore these best profitable business ideas you can start with little capital once you get your loan.

Loans for non-salary earners in Nigeria in no particular order.

  1. Branch

Branch is a top Fintech company that grants quick loans to Nigerians in very simple and easy steps.

They currently have offices in Nairobi, Kenya; Lagos, Nigeria; Mumbai, India; and San Francisco, United States.Branch loan for non-salary earners in Nigeria

You do not need to be a salary earner to qualify for a loan with the Branch. You can register with your phone number, Facebook account, bank account number, and BVN.

The sizes of loan Branch offers range from ₦2,000 to ₦500,000. If you repay loans as scheduled, the amount that you can borrow will increase.

You will also find it easy to apply for a loan.

After you have downloaded the Branch app, you’ll sign up, navigate to the “Loans” option at the bottom of the home screen, and fill in your personal details, phone number, and bank details.

Then you can view available loan offers, select an option, and tap “Apply”.

See lucrative businesses you can start with 50k in Nigeria once you get your loan from them.

  1. Carbon

Carbon is one of the best platforms where you can access quick loans in Nigeria without collateral, business loans, transfer funds, pay bills, and save money with high interests.carbon loan for Nigerian non-salary earners

You can grow your small business or fix personal emergencies with affordable, collateral-free loans. They can loan you up to N1,000,000 and get cashback on interest paid once you repay on time.

You can get the Carbon App on Google Play Store for Android or App Store for iOS.

Once you apply for a loan on their App, they will review your application and let you know where you stand.

Once approved, we will disburse the funds to your account almost immediately.

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  1. FastCash

FastCash is another good source of loans for Nigerians who are non-salary earners.

FastCash is by FCMB. FCMB FastCash is a convenient, paperless credit facility with no collateral required for your emergencies and urgent needs. It is an instant loan and the application is through our USSD code *329*11#.

FastCash is designed for existing FCMB customers; Non-FCMB Customers and has the following benefits.

You can access Instant funds up to N200,000 loan amount with no paperwork required, just apply through *329*11#.

FastCash also needs no collateral and it is available to both salaried and non-salaried customers of the bank.

So, if you want to access a Fastcash loan without salary, it’s advisable you open an account with them.

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Loans in Nigeria for non-salary earners

  1. KiaKia.com

Kiakia loan is also suitable to get loans in Nigeria for non-salary earners.

They help Nigerians have access to personal and small business loans, and also enable savers to lend out funds at negotiated interests through intuitive conversations.

Kiakia loans provide financial services for entrepreneurs and small businesses.

So, if you do not earn a salary but have a small business, you can get a loan from them.kiakia loan an in Nigeria

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Kiakia loan is unique because of its peer-to-peer feature which makes it possible for investors and people looking for their funds to meet so that everyone can smile home.

This platform is structured in such a way that peer investors can choose the industry they want to invest in.

You can get up to N500,000 loan from their Apps.

You may also want to check out these profitable online businesses that guarantee a high return on investments.

  1. Fair Money

FairMoney is a licensed online lender that provides instant loans and bill payments. You can get a loan from them even if you are not salaried. fairmoney loan for non-salary earners in Nigeria

You do not need collateral before you can get a loan from them. You will only need to share your BVN during the loan application.

What makes fair money unique is its speed of delivery. You can get a loan instantly in 5 Minutes, from anywhere in Nigeria.

You may also want to check these best loan Apps for students in Nigeria.

They are also very flexible as you can repay on or before your due date with a reduced interest rate.

FairMoney offers loans from N1,500 to N500,000 for a period of one to three months. The better your lending history and positive behavior, the more you can access and the longer the period!

  1. Specta

With Specta you can access a personal loan of up to a N5Million without collateral in 5 minutes.Lady happy to recieve money

Specta can be accessed by salaried and non-salaried people.

You can access a personal loan if you are self-employed, a business owner, a professional, a trader, etc., with accounts in any other bank or with Sterling Bank.

Specta can grant you a personal loan of up to a maximum of N2 million naira.

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If you belong to a Sterling Community i.e., your company has been onboarded on the Specta platform, you can access a personal loan of up to N5m.

You can access a personal for a tenor of up to 12 months.

if you belong to a Sterling Community i.e., your company has been onboarded on the Specta platform, you can access a personal loan for a tenor of up to 36 months.

  1. Grofin

Grofin is a financial service provides known to provide quick reliable loans for unsalaried individuals who are business owners.

Grofin’s clients are entrepreneurs and business owners that want to grow their existing business or start a new business. If you fall into this category, then you may be able to get a loan from them.

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They have a proven track record of helping entrepreneurs and business owners like you to start or grow successful businesses.

They have offices across many countries in Africa including Nigeria.

For you to qualify for a loan with them, you need to have an established business operating for 2-3 years and has an annual turnover of 1.5 times the loan amount.

Best loans in Nigeria for non-salary earners

  1. Quickcheck

Quick check is also another platform for a mobile loan where you can access 24hours loans in Nigeria.quick check loan app in Ningeria

Nigerian adults with good credit scores can apply for their loans.

You can access their services from anywhere in Nigeria as long as you are eligible and you own an android device.

They ensure that their users are supported in microlending. This means that you get just a little money to keep afloat until your payday.

Your loan cap increases as you pay your loans on time and build trust with the system.

As a first-time user, you can access up to 10,000 Naira for a period of 30 days. Early repayment guarantees higher amounts and lower interest rates.

You can download their app on Google Play Store to start with.


SMEDAN – Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) was established by the SMEDAN Act of 2003 to promote the development of the MSME sector of the Nigeria Economy.loan for non-salary earners in Nigeria without collateral

The Agency positions itself as a one-stop-shop for MSME development. Micro Enterprises are included in the clientele of the Agency since they form the bedrock for SMEs.

If you are non-salaried but have a small business that is in need of funding, you can apply for SMEDAN loan or grant for small businesses.

Once you meet their requirements and submit your application, then you can expect to get a loan. You can find out more about SMEDAN from their website.

  1. Aella Credit

If all you need is a loan in Nigeria without a salary account, Aella Credit got you covered. With your Aella App, you can access loans at the tip of your fingers.

Aella App makes it easy for you to get loans, get insurance, make payments and make investments.

The App opens up financial access for all in emerging markets – whether you are a business or an individual, they put control back in your hands with simple, straightforward products.

See also How to make money online in Nigeria daily.

The whole process of getting a loan with Aella can be completed in 5 minutes.

Once your application has been completed and you accept the loan offer provided, your information will be reviewed and the decision on the loan will normally be made within minutes.

If approved, funds will be received in 5 minutes of the process being completed.

Aella loan size ranges from about ₦1,500 to ₦1,000,000.

Your loan offer is determined by a variety of factors, so please ensure that you use your personal mobile device and provide the appropriate details to receive the best possible loan offer.

Loan tenors vary per individual but are usually within a month or 3 months repayment period.

You can the updated version of their app on the Google Play store.

  1. Soko loan

Soko lending is a microfinance institution operating in Nigeria. They help increase opportunities for the poor to access financial services by providing financial services to low-income entrepreneurs, students, etc. who continue to learn.

Sokoloan is a simple, entirely online lending platform that provides short-term loans in Nigeria to help cover unexpected expenses or urgent cash needs.

You can apply for a Sokoloan loan 24 hours a day, 7 days a week with our quick application process that lets you know your status within minutes.

For online loans in Nigeria without collateral, fast loans, and quick loans in Nige- ria, download and apply for Sokoloan loan.

You can get their loan by downloading their App of Google Play store.


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