TAKA LOAN
Need an urgent Loan?
TAKA is a nano loan designed for urgent financing needs. Immediately available in the branch, our customers will just have to go there and be disbursed. We grant Taka loan up to 150,000 NG over a period of 2 weeks to 1 month maximum. The faster you repay, the faster you can get a new Taka with a higher amount.
Loan Renewal
15 DAYS
TAKA refunded in less than 15 days
YOUR TAKA GROWS!
The amount of your next TAKA loan can be increased.
ONE MONTH
TAKA refunded in less than a month
YOUR TAKA GOES ON!
The amount of your next TAKA stays the same
MORE THAN A MONTH
TAKA refunded in more than a month
YOUR TAKA IS BLOCKED!
You will no longer be able to apply for a TAKA loan
15 DAYS
TAKA refunded in less than 15 days
YOUR TAKA GROWS!
The amount of your next TAKA loan can be increased.
ONE MONTH
TAKA refunded in less than a month
YOUR TAKA GOES ON!
The amount of your next TAKA stays the same
MORE THAN A MONTH
TAKA refunded in more than a month
YOUR TAKA IS BLOCKED!
You will no longer be able to apply for a TAKA loan
How does it work
You are a Baobab Nigeria client qualified for the TAKA Loan. You will be contacted by SMS or phone.
You visit the closest Baobab branch and disburse your loan!
You have up to one month to pay back your loan. If payed within one month you are eligible for a new loan!
How does it work
You are a Baobab Nigeria client qualified for the TAKA Loan. You will be contacted by SMS or phone.
You visit the closest Baobab branch and disburse your loan!
You have up to one month to pay back your loan. If payed within one month, you are eligible for a new loan!FAQ
Yes! You can pay your TAKA loan before the due date at any time in a BAOBAB branch. If you pay back within 15 days, the amount of your next TAKA will be higher.
No, check your eligibility and disburse your Taka loan without moving to a branch.
You go to the nearest Baobab point to make a deposit on your account, telling the operator that it is for the refund of your Taka. The taka loan has no monthly payment, you are supposed to repay the full loan plus the interest before term. A SMS confirmation will follow the refund.
There is no interest rate or fees. The refund will be done just with a commission of 6%.