OwoFin

About OwoFin

OwoFin offers flexible credit solutions designed for Nigerians. Access funds as needed for managing expenses or seizing new opportunities—all with easy repayment options. Supporting your financial journey, OwoFin empowers you to achieve more.

Advantages:
1. Flexible Credit Line: Borrow only what you need, when you need it.
2. Easy Application – Simple, quick application process right from your phone.
3. Affordable Repayment Options – Choose repayment terms that fit your budget.
4. Transparent Fees – No hidden charges, only clear and upfront costs.
5. Build Credit Score – Positive repayment history can improve your credit score.

Requirements:
1. Must be at least 18 years old.
2. Must be a Nigerian citizen or resident.


Features:
1. High amount: up to NGN 2,000,000
2. Flexible tenure: 3 months to 12 months
3. Processing fees: 3% - 6%, based on your profile.
4. Maximum Annual interest Rate（APR）: 15%

Example:
If the borrowed amount is NGN 1,000,000 and the APR is 15% with a tenure of 6 months, the processing fees is 6%:
Processing fees = NGN 1,000,000 * 0.06 = NGN 60,000
Final Disbursal Amount = NGN 940,000
Monthly interest rate = 15% / 12 = 1.25%
Interest for 6 months = NGN 1,000,000 * 1.25% * 6 = NGN 75,000
Equated Monthly Installment = (NGN 1,000,000 + NGN 75,000)/6 = NGN 179,166

Security:
OwoFin ensures top security with advanced encryption to protect your data and transactions. Your personal information is used solely for verification, keeping it private and secure.


Contact Us:
Customer Service Email: [email protected]
Address: 15 Oladipo Diya Street, Gudu District, Abuja, FCT, Nigeria