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  • Turkiye Scholarships 2024 for International Students (Fully-funded)

    Turkiye Scholarships 2024 for International Students (Fully-funded)

    Application Deadline: February 20, 2024

    Applications for the Turkiye Scholarships 2024 for International Students are open. Apart from providing education opportunities at Are you an international student looking for fully-funded scholarship opportunities? Look no further! The Turkiye Scholarships 2024 for International Students is now accepting applications until February 20, 2024. This competitive scholarship program is funded by the government of Turkiye and aims to provide outstanding students and researchers with the opportunity to pursue full-time or short-term programs at the top universities in Turkiye. With a focus on building a network of future leaders committed to strengthening cooperation among countries and mutual understanding among societies, this scholarship offers financial support, tuition fees, accommodation, health insurance, and academic, social, and cultural facilities to its awardees at all levels of higher education. Read on to learn more about the eligibility requirements and application process.

    Turkiye Scholarships 2024 for International Students (Fully-funded)

     

    Turkiye Scholarships 2024 for International Students (Fully-funded)

    Turkiye offers scholarships to international students from all over the world to study in the most famous universities in Turkiye, in addition to offering international education possibilities, a wealth of knowledge, and experience.

    Outstanding students and researchers are allowed to pursue full-time or short-term programs at the best universities in Turkiye through the competitive Turkiye Scholarship Program, which is supported by the government. The goal of Turkiye Scholarships 2024 for international students is to create a network of future leaders who are dedicated to enhancing international collaboration and intersocietal understanding.

    Scholarship for Turkiye Scholarships 2024 for International Students

    The scholarship covers all living expenses, tuition, books, housing, health insurance, university placement, and academic, social, and cultural resources for recipients at all postsecondary education levels.

    Eligibility Criteria for Turkiye Scholarships 2024 for International Students

    Open to candidates wishing to pursue doctorate, master’s, and bachelor’s degrees in Turkish universities.

    Students from all over the world are eligible for The Turkiye Scholarships 2024 for International Students.

    Application for Turkiye Scholarships 2024 for International Students

    All applicants must upload the following files to the Turkiye Scholarship Application System (TBBS) to submit an online application:

    • A current passport, ID card, or identity document.
    • A recent year snapshot of the applicant.
    • Results of national exams.
    • A temporary graduation certificate or diploma.
    • Transcript
    • Results of international exams (GRE, GMAT, SAT, etc.), if requested by the program or university of choice.
    • The institution or program of choice requires the results of international language examinations, such as the TOEFL or DELF.
    • A research subject proposal and a written sample of your completed work (only for PhD candidates).

    In conclusion, the Turkiye Scholarships 2024 for International Students is an excellent opportunity for students and researchers across the world who are looking to pursue higher education in Turkiye. With its focus on building a network of future leaders committed to strengthening cooperation among countries and mutual understanding among societies, this scholarship program provides financial support, tuition fees, accommodation, health insurance, and academic, social, and cultural facilities to its awardees at all levels of higher education. Eligible candidates can apply until February 20, 2024, by submitting the required documents on the Turkiye Scholarship Application System (TBBS).

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  • African Women Entrepreneurship Cooperative Program 2024 – Cohort 7

    African Women Entrepreneurship Cooperative Program 2024 – Cohort 7

    Application Deadline: January 28, 2024

    Are you a female founder seeking to increase your leadership and business management knowledge to grow The African Women Entrepreneurship Cooperative Program 2024 – Cohort 7 is a program aimed at empowering women entrepreneurs in Africa. This program provides a platform for women entrepreneurs to learn, connect, and grow their businesses. The program brings together a diverse group of women entrepreneurs from various industries to share their experiences and learn from each other. Through this program, participants have the opportunity to access training, mentorship, and funding to help them take their businesses to the next level.

    African Women Entrepreneurship Cooperative Program 2024 – Cohort 7

    African Women Entrepreneurship Cooperative Program 2024 – Cohort 7

    Accepting 200 female entrepreneurs yearly, the African Women Entrepreneurship Cooperative is a creative 12-month program that builds capacity in business management and leadership.

    The program offers:

    • A tested learning strategy that boosts earnings.
    • Top-notch instruction tailored for African women business owners.
    • A network of supportive peers and mentors across Africa.

    Eligibility Criteria for African Women Entrepreneurship Cooperative Program 2024

    • It is necessary to have a female candidate.
    • African nation of origin.
    • An owner of a for-profit company that has been in existence for at least two years in any industry and employs at least two people, either full- or part-time. The sole applicant in your company must be you.
    • Or a prospective business owner who hasn’t launched yet but has a business plan.
    • During the year, availability of a dependable internet connection with enough bandwidth for video calls.
    • Working English competence for professionals.

    Application for African Women Entrepreneurship Cooperative Program 2024

    Here are some application recommendations to consider before you apply:

    • Become acquainted with the program for which you are applying: What benefits does the program provide? How does this fit into your objectives? How well does this program fit both your availability and your preferred method of learning? How does the program define “success”? In what way does this fit your success vision?
    • Make sure you fulfill the requirements for applicants.
    • Examine the application questions as soon as you can. What information is required to respond to each question? How long will it take me to respond to every query?
    • Get going early. Don’t wait until the very last moment!
    • When describing your company, write as if you are conversing with a total stranger who has no idea what you do. Avoid using flowery language and be succinct.
    • Recognize your numbers: capital, revenue, staff, and customers. What information is the application requesting? If you must approximation, make educated assumptions.
    • Check for accuracy: did you respond to every question? Have you responded to the query posed? Are there any obvious typos that need to be fixed?

    Applications must be submitted by Sunday, January 28, 2024, at 11:59 p.m. UTC.

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  • World Lizard Day

    World Lizard Day

    Celebration Date: August 14

    World Lizard Day is a day dedicated to celebrating the diverse and fascinating world of lizards. It falls on the 14th of August every year and is a day to raise awareness about the importance of lizards in our ecosystems and to appreciate their unique characteristics and beauty. From the tiny chameleons to the giant Komodo dragons, lizards come in all shapes and sizes and can be found in almost every part of the world. Join the celebration and learn more about these amazing creatures on World Lizard Day!

    World Lizard Day

    History of World Lizard Day

    World Lizard Day has obscure roots, much like many strange celebrations. But don’t let its shady origins stop you from enjoying this healthy day. Ignorance and inattention are the main causes of the species’ global extinction. Even though the topic of the day is lizards, we can’t pass up the chance to educate you further about reptiles in general. After all, it’s the day’s spirit!

    All reptiles are vertebrates that breathe air and are coated in either scales, bone plates, or both. This family contains the following species: tortoises, lizards, crocodiles, and snakes. Each of these organisms experiences skin shedding and relies on their surroundings to control their body temperature. Reptiles must locate light and shade to warm up or cool down because they are dependent on external variables to regulate their core body temperatures. Reptiles typically go through a period of dormancy during the cooler months of winter until the weather gets warmer again.

    Because they are similar to humans, you may notice lizards lounging in your warm garden or on sun-drenched bricks during the day. Maintaining body temperature is a completely another story for pet lizards. It is necessary to use heating lamps or pads in lizard owners’ tanks so as not to overheat the enclosure. It takes a significant amount of initial and ongoing work to prepare and maintain a tank for a lizard or any other reptile.

    Every subspecies of reptile has distinct requirements and inclinations. It is advised that prospective and even existing reptile owners educate themselves on the specific requirements needed for a happy and healthy pet. Before you purchase or adopt a pet lizard, you should do some research to determine what kind of animal best fits your needs and your financial situation. This stage of consideration before purchasing is essential to making the best decision possible regarding pet ownership.

    Interesting Facts About Lizards

    • There are over 6000 species of lizard.
    • Lizards are cold-blooded, which means that they rely on the environment around them to regulate their body temperature.
    • Some lizards, such as geckos, can regenerate their tails if they lose them.
    • The smallest lizard in the world is the dwarf gecko, which can fit on a dime.
    • The largest lizard in the world is the Komodo dragon, which can grow up to 10 feet long and weigh up to 150 pounds.
    • Lizards have excellent vision and can see in color.
    • Some lizards, such as the chameleon, can change color to blend in with their surroundings or to communicate with other lizards.
    • Most lizards are carnivorous and eat insects, spiders, and small animals.
    • Some lizards, such as the Gila monster, are venomous and can deliver a painful bite.
    • Lizards are important members of many ecosystems and help to control insect populations.

    How to Celebrate World Lizard Day

    Go on a Lizard Hunt

    See whether you can find any wild lizards by going on a hike. Search beneath leaves, logs, and gloomy areas. Take a camera so you can record your discoveries.

    Visit a Lizard Exhibit

    Visit your nearby zoo or aquarium to get up close and personal with some of the most fascinating lizards on the planet. Study up on the various species and environments that they inhabit.

    Organize a Lizard Parade

    To celebrate World Lizard Day, get your neighbors, friends, and family together and organize a procession. Create music, costumes, placards, and decorations to commemorate the day!

     Create Lizard Art

    For World Lizard Day, sculpt, paint, or draw some lizards. Collect organic elements from your garden or house to produce an even more lifelike artwork.

    Watch a Lizard Movie

    Watch some of the great lizard films, such as “Lizards vs. Dinosaurs” or “Lizard King,” while cuddled up. With some refreshments and activities, you could even turn it into a movie night.

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  • Where To Get Loans in Nigeria Without Collateral

    Where To Get Loans in Nigeria Without Collateral

    Where To Get Loans in Nigeria Without CollateralWhen it comes to obtaining a loan without collateral in Nigeria, it can be quite challenging. Traditional banks do require some form of security before granting loans, which makes it difficult for individuals and small businesses without substantial assets to access the funds they need. However, the emergence of fintech companies and alternative lending institutions has significantly transformed this situation, providing new pathways to financial inclusion.

     

    Where To Get Loans in Nigeria Without Collateral

    These innovative platforms that offer loans without collateral make use of technology to assess creditworthiness differently, which allows them to offer loans without the strict requirements of traditional collateral. This not only gives more people access to finance but also stimulates economic growth by empowering entrepreneurs and individuals who were previously excluded from the banking system. In this article, we will explore different platforms where you can get loans without collateral in Nigeria.

    10 Platforms to Get Loans in Nigeria Without Collateral

    There are different platforms to get loans in Nigeria without collateral. Here are some of the online platforms you can check out.

    MoneyPal

    MoneyPal is a consumer finance product that is provided by Zedvance Finance Limited. The app offers users access to loans of up to NGN 5,000,000. They also offer a nano loan that allows borrowers to access as little as NGN 10,000. The team behind MoneyPal guarantees fast loan disbursement, responsive customer support, and transparency throughout the borrowing period.

    Kiakia

    Kiakia is a known phrase in the Nigerian street language that means “quick quick”. It is a digital financial marketplace that uses big data and machine learning algorithms to provide both direct and peer-to-peer lending services. This implies that you can either obtain loans or lend money through the platform. The interest rate you will be charged on your loans depends on your credit score and it can range from 0.4% to 0.8% per day. Kiakia is a great choice for Nigerians who need quick loans without collateral to meet their urgent personal needs.

    Paylater

    Paylater is a well-known online lending platform that offers unsecured loans up to N500,000 to individuals and small businesses. Their loans are disbursed instantly and can be deposited into your bank account within 5 minutes of approval. When you pay back their loans on time, you can unlock higher loan amounts at lower interest rates.

    Snap Credit

    Snap Credit is a financial platform that is designed for individuals who are employed and receive a salary. The service offers a convenient and better way for employees to access affordable credit by leveraging their paychecks. You can use your mobile phone to apply for this loan and submit your request online. The verification process is carried out in real-time, and once approved, the loan amount is immediately credited to the applicant’s account.

    Aella Credit

    Aella Credit focuses on providing loans to employees. They use an algorithm that evaluates an applicant’s eligibility through their social, demographic, and debt-to-income ratios. They also provide loans without collecting collateral, which range from up to NGN100,000 with interest rates ranging from 4% to 29%. Note that if you repay your loan on time, you may qualify for a higher loan in the future.

    QuickCheck

    This is a mass consumer loan app that was created to reach as many financially excluded people as possible. QuickCheck mobile app users can access up to NGN30,000 hassle-free loans without providing collateral for a tenor of 15 – 30 days.

    Branch 

    The branch is a recognized choice for entrepreneurs in Nigeria. On its mobile app, users can access loans between the range of N1,000 to N200,000 with up to 64 64-week repayment periods. The interest rate charged to loans depends on the applicant’s credit score. However, it may range from 14 percent to 28 percent per annum.

    Palm Credit

    Palm Credit offers a virtual credit card that allows you to borrow up to NGN100,000 anytime and anywhere using your mobile phone. However, when you repay your loans on time, your credit score improves and you become eligible for larger loans. To access Palm Credit loans, you need to be at least 18 years old and have a valid phone number and bank account. Palm Credit offers two types of loans which are airtime loans for airtime purchases up to NGN10,000 and installment loans up to NGN100,000.

    Credit Direct

    Credit Direct is a top micro-lending company in Nigeria. They give out a variety of loan products such as car, house rent, school fees, and so on. On the Credit Direct platform, you can access up to NGN5,000,000 loans.

    Fair Money

    Fair Money offers short-term loans to assist users in taking care of urgent needs like bills and business expenses. Their loans are available 24/7 and can be disbursed within five minutes after approval. Fair Money offers personal, educational, and business loans, making use of technology to hasten the process. Their loan amounts range from ₦2,500 – ₦100,000, with loan terms lasting from 4 to 26 weeks and monthly interest rates ranging from 5% to 28%. There are also no additional fees or hidden costs associated with loan processing.

    Requirements Needed to Get Loans from Online Mobile Platforms

    Here are some of the requirements needed to obtain loans from the platforms listed above.

    • Tab or smartphone
    • Data subscription
    • Bank account
    • Bank verification number
    • Debit card

    Steps for applying and obtaining loans from online mobile platforms

    However before you can apply for a loan on an online lending platform, you need to:

    • Research and choose the platform you want to use
    • Once you have made a decision, download the mobile application from the Google Play Store
    • Then, register with the platform by creating a PIN
    • After logging in, you will need to fill out the forms provided and supply all the required information
    • After this, you will need to link your ATM card to the platform

    The first step in the loan application process is the pre-qualification stage. Nonetheless, once you have completed the online forms, the system will generate a report stating. This can only happen if you meet the requirements for loans on the platform or not. It is only when you meet the criteria that you can then apply for a loan. Because some of these platforms disburse funds instantly, while others may take up to 24 hours. On some platforms, you can access a minimum of N10,000 and up to N2,000,000.

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  • IISS Southeast Asian Young Leaders’ Programmed Visiting Fellowship 2024 (Stipend of $5,300 SGD)

    IISS Southeast Asian Young Leaders’ Programmed Visiting Fellowship 2024 (Stipend of $5,300 SGD)

    Application Deadline: February 8, 2024

    Applications are open for the IISS Southeast Asian Young Leaders’ Programme Visiting Fellowship 2024. Hello! Are you interested in learning about the IISS Southeast Asian Young Leaders’ Programme Visiting Fellowship 2024? It is a great opportunity for professionals from Timor-Leste, Pacific Island states, and ASEAN member states to enhance their knowledge and research skills on regional security topics. The fellowship offers a stipend of SGD 5,300 per month, as well as lodging and travel costs. If you are interested, please keep reading to find out more about the eligibility criteria, application process, and benefits.

    IISS Southeast Asian Young Leaders’ Programme Visiting Fellowship 2024 (Stipend of $5,300 SGD)

    IISS Southeast Asian Young Leaders’ Programme Visiting Fellowship 2024 (Stipend of SGD 5,300)

    To enhance the region’s presence in wider discussions on international security, the IISS will once more welcome two visiting fellows affiliated with the Southeast Asian Young Leaders Program to its Asia headquarters in Singapore in 2024.

    The two fellows will be asked to work with the IISS in Singapore for a maximum of three months. They will conduct research on a regional security topic and participate in the SAYLP and the IISS Shangri-La Dialogue.

    Benefits of IISS Southeast Asian Young Leaders’ Programme Visiting Fellowship 2024

    • A monthly salary of SGD 5,300 will be provided to fellows, and lodging and travel costs will also be paid for. Regretfully, we are unable to examine applications for the fellowship that will be conducted remotely.

    Eligibility Criteria for IISS Southeast Asian Young Leaders’ Programme Visiting Fellowship 2024

    • Available to nationals of Timor-Leste, Pacific Island states, and ASEAN member states.
    • The applicant must be professionally proficient in both written and spoken English.
    • A solid foundation in one of the institute’s study areas.
    • Make plans to work on security issues in academia, journalism, politics, the armed forces, or as an analyst in the government in the future.
    • Early to midway through their professional lives.

    Application for IISS Southeast Asian Young Leaders’ Programme Visiting Fellowship 2024

    • Applicants must submit their applications and adhere to the guidelines to submit two documents:
    • A cover letter outlining your interest in the fellowship, the proposed research area, and the dates in 2024 that you are available to begin the fellowship should be included.
    • A CV, or curriculum vitae, with the names and contact information of two possible referees.

    On February 8, 2024, the application must be received. After the email of recognition, though, only those candidates selected for an interview will hear back.
    This is due to the anticipated high volume of submissions.

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  • Fullbright Teaching Excellence and Achievement Program 2024-2025 (Fully funded)

    Fullbright Teaching Excellence and Achievement Program 2024-2025 (Fully funded)

    Application Deadline: Varies by Country

    Applications for the Fullbright Teaching Excellence and Achievement Program 2024-2025 are open now. Are you an educator looking for a professional learning opportunity in the United States? The Fullbright Teaching Excellence and Achievement Program 2024-2025 might be the perfect fit! This program offers a six-week fully-funded experience for international secondary-level educators to participate in academic seminars. You can observe and co-teach in U.S. classrooms. At the host university, you can also work with instructors and students to develop best practices in education.
    Keep reading to learn more about this exciting opportunity.

    Fullbright Teaching Excellence and Achievement Program
    Fullbright Teaching Excellence and Achievement Program

    Fullbright Teaching Excellence and Achievement Program 2024-2025 (Fully-funded)

    As part of the Fullbright Teaching Excellence and Achievement program, foreign secondary educators are invited to the United States for a six-week professional learning opportunity at a host university.
    In addition to participating in academic seminars, participants watch and co-teach in American classrooms. You can work with faculty and students at the host university and nearby secondary schools to develop best practices in education. To foster understanding between people, participants participate in various civic and cultural events in their host towns.

    Teaching quality and achievement through Fullbright At the host university, participants attend academic seminars with themes including student-centered learning, instructional technology, innovative teaching approaches, and content-based education. At a nearby secondary school, participants conduct a minimum of 40 hours of fieldwork under the supervision of a U.S. partner educator on the same or a related topic. Furthermore, by engaging in diverse cultural events, participants acquire information about the United States and the destinations they are visiting.
    Candidates can apply for a cohort that focuses on gender, media literacy, or climate education.

    Funding for Fullbright Teaching Excellence and Achievement Program 2024-2025

    • This initiative is run by IREX under the auspices of the US Department of State, with financial support from the US government.

    Eligibility Criteria for Fullbright Teaching Excellence and Achievement Program 2024-2025

    • Open to teachers working at institutions primarily serving the local community in all fields, including social studies, STEM (science, technology, engineering, and math), journalism, foreign languages, English as a second language, and special education.
    • It is necessary to have confirmation of English language proficiency in addition to a bachelor’s degree or equivalent training and experience.
    • Applicants must be able to travel to the United States for six weeks.

    Participating Countries for Fullbright Teaching Excellence and Achievement Program 2024-2025

    Algeria, Argentina, Azerbaijan, Bangladesh, Barbados, Belarus, Bolivia, Bosnia-Herzegovina, Bulgaria Burkina Faso, Burma, Cambodia, Cameroon, Colombia, Costa Rica, Croatia, Czech Republic Dominican Republic, Ecuador, Egypt, EI Salvador, Estonia, Georgia, Ghana, Guatemala, Haiti, Honduras, Hungary, India, Iraq, Jordan, Kazakhstan, Kenya, Kyrgyzstan, Laos, Latvia, Lithuania, Malawi, Malaysia, Mali, Mongolia, Mozambique, Nepal, Nicaragua, Niger, Nigeria, North Macedonia, Panama, Papua New Guinea, Peru, Romania, Russia, Solomon Islands, Serbia, Slovakia, Sri Lanka, Tajikistan, Tanzania, Thailand, Timor Leste, Tunisia, Turkey, Turkmenistan, Ukraine, Uruguay, Uzbekistan, Vanuatu, Venezuela, Vietnam, West Bank/Gaza, Zambia.

    Application for Fullbright Teaching Excellence and Achievement Program 2024-2025

    To apply for the Fullbright Teaching Excellence and Achievement Program 2024-2025, interested candidates should visit the program’s official website or contact the US embassy in their country for more information. The application deadline varies by country, so it is important to check the deadline for your country. Candidates must submit an online application and all required supporting documents, including transcripts, letters of recommendation, and proof of English language proficiency. Successful applicants will be notified of their acceptance into the program in the spring of 2024. Good luck with your application!

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  • Online Loans with Monthly Payments in Nigeria

    Online Loans with Monthly Payments in Nigeria

    Loans are a financial tool that can help individuals and businesses meet their financial needs. However, most lenders require collateral to secure the loan repayment, but not everyone in Nigeria has something valuable to offer as collateral to access a loan. This is where collateral-free loans come in handy. There are now Online Loans with Monthly Payments in Nigeria which implies that Individuals and business owners can now apply for quick online loans without having to put up any of their assets as collateral.

    Online Loans with Monthly Payments in Nigeria

    Online Loans with Monthly Payments in Nigeria

    One of the major challenges of doing business in Nigeria is a lack of capital. But there are now online loans with monthly payments in Nigeria that allow for quick and easy online funding options. Lenders can assess the borrower’s creditworthiness and ability to repay within a specific time frame, and depending on their assessment, they may approve a loan amount for the borrower. However, we have outlined the top 10 Online Loans with Monthly Payments in Nigeria that offer quick loans to small businesses and individuals without requiring any collateral.

    10 Online Loans with Monthly Payments in Nigeria

    Branch

    The branch is a top loan app in Nigeria today. They currently have over 10 million downloads, they give quick online loans with a repayment mode of 61 – 180 days. Their cash loans are within the range of ₦2,000 – ₦500,000. Also, their loans are accessible through the Branch app and require no documentation.

    FairMoney

    FairMoney is a top lending app and one of the most downloaded loan apps in Nigeria with about 10M downloads. They are known as the go-to app for instant loans in over 5 minutes. They cater to businesses with their SME loans. Those intending to borrow loans can access FairMoney affordable loans with no paperwork or collaterals, rather basic smartphone data and credit history are used to determine eligibility. This loan platform also gives out loans of up to ₦1,000,000, while their SME loans run up to N5,000,000.

    Kiakia

    KiaKia is an online money lender for Nigerian businesses. The name was coined from a Nigerian language that means “Fast Fast”. According to them, the solution is very simple, fast, highly effective, and efficient.

    It utilizes psychometry, big data, machine learning, and digital forensics for its proprietary credit scoring and credit risk assessment algorithm to offer direct and peered personal and business loans to individuals and SMEs without credit information. They also offer loans and advances of up to ₦10 million with flexible 6 – 12-month repayment periods.

    Kuda

    Kuda is recognized as the bank of the free. They give out short-term loans in the form of overdrafts to their customers. These overdrafts need no paperwork, but they come with a 0.3% interest rate daily. The overdrafts usually last 90 days but repayments are expected to begin 30 days after you have been disbursed.

    Zedvance

    Zedvance is a consumer finance company dedicated to offering consumer credit to individuals. Customers can borrow up to 3 million Naira in less than 24 hours from this company. Zedvance gives customers flexible loans of up to ₦2 million with about 6 – 12 months repayment tenors. They require only BVN for an instant approval decision. Zedvance offers loans to salary earners, and also salary earners with a side business, can pick up the deal to finance their business.

    SMEDAN

    SMEDAN is a government-backed initiative that offers quick and easy business loans to Nigerian SME businesses in need of financing. The core mission of the organization is to promote entrepreneurship among Nigerians and also offer capital to those who want to start a business. Aside from funding, SMEDAN also offers business owners hands-on training and support to help them run their businesses.

    Quickcheck

    QuickCheck is a modern lending platform that provides financial credit to individuals and small businesses via mobile technology. They use smartphone data and credit scores to grant instant loans. These urgent loans help their customers take care of their necessities until their next payday. Quickcheck offers quick and hassle-free loans of up to 30,000 Naira without any collateral for either 15 or 30 days.

    Palm credit

    Palm Credit is a loan service provided by Transnet Financial Nigeria Ltd. They offer collateral-free loans to clients, with a maximum cap of ₦100,000 and interest rates ranging from 14% to 24%. According to their loan repayment policy, loans must be repaid within 14 to 180 days after disbursement.

    Specta

    Specta is an online loan platform that offers loans of up to 5 million in one transaction all within 5 minutes. it offers startup loans and working capital of over ₦5 million to clients with 6 – 12-month repayment periods. No collateral, paperwork, or visit to any office is required to get the loan. With Specta, you can take care of personal and business needs anywhere, anytime. They have 2 loan products, MySpecta which offers individual loan services, and Specta4Business which offers quick and accessible loans for corporates and business owners.

    Carbon

    Carbon is a loan financing app that operates in Nigeria. The app allows customers to purchase necessary commodities and pay back the loan instalmentally or at a later date. The repayment period for the loan is between 3 to 6 months. However, before the purchase can go through, an initial deposit of 25% of the product price is required. This makes Carbon a great option during the ember months, enabling customers to buy what they need and pay back slowly over the next 3 to 6 months.

    Frequently Asked Questions

    What Is the Minimum Credit Score Required for Online Loans?

    Online lenders do not require a credit score and use alternative credit scoring models instead. However, having a score above 500 can increase your chances of getting approved.

    How Long Does It Take to Receive Approval and Receive Funds?

    Most lenders usually offer instant loan disbursement within 24 hours.

    Do Lenders Charge Prepayment Penalties for Early Repayment?

    No, most online lenders do not charge early repayment fees, which means you can repay your loan early without incurring any penalties. However, it is best to confirm this before applying.

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