Get weekly float for your POS business at the lowest interest rates possible.How it works
Apply for loans on the Moni app anytime.
No paperwork, guarantor or collateral required.
No surprises. Your exact repayment amount is shown to you in the app.
Get interest rates tailored to your business needs.
Repay on time and unlock higher loan amounts.
Get the Moni app on the Google Play Store, Apple App Store and create an account.
Join a cluster using the code you’ve received from your referee.
Provide your personal and business details to know the amount you are eligible to borrow.
Receive Fund Instantly. Loans will be sent to your provided account in 5 minutes or less.
“Its one thing to get a loan, its another thing to get loan with minimal interest that allows you to keep huge chuck of your profits and insurance that secures your money, this is why I'm vouching for Moni”
“I started with moni last year and I have no regrets doing business with them. Their reps are so activate, always ready to listen, securing agent money via insurance, instant crediting, & minimal interest rate”
“I am one of moneyloan beneficiary. I have been enjoying loan facility for the past 5months now and they have been helping and supporting my business. I am saying a big thank to the company”
Moni provides float for mobile money agents ONLY. Moni does not provide personal or business loans. In addition, float disbursed to mobile money agents shouldn't be diverted for personal use. Our goal is to help mobile money agents prosper.
A new Moni agent can get up to N100,000 for their first float.
Subsequent on-time repayments would lead to increase until they can access up to N3million for their businesses and the increase in loan amount is instant.
Yes! Mobile money agents can be recommended by other agents within their communities to become Cluster Heads on Moni.
No. Float can only be accessed via the official Moni app available on the Google Play Store.
Loans are offered at flexible interest rates that's the most competitive in the market.. If an agent in a cluster defaults on their payment, this affects the loan eligibility of other agents in the cluster.
To apply for loans on Moni, you must be a part of a Cluster. Currently, we have Clusters across the country. If any Mobile money agents are interested in receiving loans from Moni but have no Clusters around them, they would need to find at least 4 other agents within their trust circle looking to collect loans from Moni in order to apply to join the Moni platform.
Once a Cluster has a minimum of 5 agents, the Cluster head can then fill out the Cluster head whitelisting form and we will reach out to them.
Cluster heads start a Cluster with a minimum of 5 agents. They are responsible for verifying new agents and ensuring that their Cluster members repay their loans. They are also entitled to some exciting Cluster head benefits.