loan apps

KoboGo Loan App Review: APK download, customer care number

In a fast-paced world, accessing traditional bank loans in Nigeria can be cumbersome and time-consuming. However, with the emergence of innovative loan apps like KoboGo, obtaining credit has become more accessible and convenient. In this comprehensive guide, we delve into the intricacies of KoboGo loan app, including its interest rates, requirements, repayment methods, and overall legitimacy.

KoboGo Loan App Overview

KoboGo has rapidly gained popularity in the Nigerian loan industry, boasting over 1,100,500 downloads on Google Play. While still in its early stages, customer feedback has generally been positive, highlighting its ease of use and accessibility.


  • Duly incorporated with the CAC and registered with the FCCPC.
  • Minimal documentation requirements.
  • Revolving loans, customers can get higher loan amounts as they repay previous loans.
  • High loan amount up to #100,000.


  • Short repayment terms, starting at just 7 days.
  • Privacy concerns, app requests bank app access from some customers.
  • Delay in disbursement of loans.

KoboGo Loan App Requirements

You can get a loan from KoboGo if you meet the following requirements:

  • You have a valid ID showing you are at least 18 years old.You have a BVN.You have good credit history with other lenders.You have a regular source of income.

KoboGo Loan Interest Rates

General information about the service:
• Minimum term of using the credit: 5 days.
• Maximum term of using the credit: 90 days.
• Minimum annual interest rate: 3.711%.
• Maximum annual interest rate: 438%.
• Minimum age to get a credit: 18 years.

Example of interest rate calculation:
Third credit, interest rate of 1.2% per day:
10,000 NGN for 65 days, the amount to be paid is 17,800 NGN.
10,000 NGN of principal debt + 7,800 NGN of accrued interest.

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Interest rates and loan terms are usually lower for first-time borrowers. You can improve on that by repaying your loans on time.

How can I get an instant loan from KoboGo?

You need an Android phone of iPhone and a BVN. That’s all! Download the KoboGo app from the Google Play or App Store. Sign up with the phone number linked to your BVN, answer a few questions, and confirm your identity to receive a loan offer. If you accept it, you will receive your loan instantly!

How to Apply through KoboGo Loan App APK

The application process for KoboGo loans is straightforward:

1. Download the KoboGo app from the Google Play Store.
2. Create a profile using your registered phone number.
3. Complete the required information accurately.
4. Submit the application and await approval.

Is KoboGo Loan App Legit?

KoboGo Loan App is legit and duly registered with the FCCPC. Customers can get short-term loans for emergency use, do not rely on such loans to fund your lifestyle or business as they can be very expensive with high interest rates.

KoboGo Loan Customer Service Number

09022428161 Email: [email protected]

How much can I borrow and for how long?

KoboGo offers loans from loans of up to 100 000₦ for a period of up to 30 days. The better your lending history and positive behavior, the more you can access and the longer the period!

Conclusion: Accessing Instant Credit Made Easy

In conclusion, KoboGo loan app offers a convenient and accessible solution for individuals

in need of immediate financial assistance. Whether it’s covering emergency expenses or funding business ventures, KoboGo provides a hassle-free borrowing experience with minimal requirements and competitive interest rates. However, users should remain vigilant and prioritize their security when utilizing lending apps, as they operate outside of regulatory frameworks. By leveraging KoboGo’s intuitive platform, borrowers can access instant cash directly deposited into their bank accounts, without the need for lengthy processes or collateral. Embracing the digital lending landscape empowers individuals to meet their financial needs swiftly and efficiently, making KoboGo a valuable resource in Nigeria’s evolving financial ecosystem.

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Ibrahim Ismail

A passionate and highly skilled individual who has seamlessly blended the worlds of statistics, technology, and finance.

One Comment

  1. Hello good morning I have been trying to add account details in order to take the loan amount given to me but it has been impossible since the day before yesterday it’s still loading till now

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