Aposhashamura Loan is available to both Employed & Self-Employed Applicant, although eligibility criteria differ. Please see the requirements below:

MINI LoanMIDI LoanMAXI Loan
EmployedSelf EmployedEmployedSelf EmployedEmployedSelf Employed
Must provide 6-month Statement of Account if data is not provided through OKRAMust provide 6-month Statement of Account if data is not provided through OKRAMust be gainfully Employed with a Bank or Conglomerate or a known Company*Must have acquired MINI Loans minimum of five times*Must have a Running Business with track records*Must have acquired MIDI Loan minimum of two times*Must be gainfully Employed with a Bank or Conglomerate or a known organization*Must have acquired MIDI Loans minimum of five times*Must have a Running Business with track records
Upload a SelfieUpload a SelfieUpload 6 Months Statement of Account. DSR must not be more than 30% of Income
Upload 6 Months Statement of Account. DSR must not be more than 30% of IncomeUpload 6 Months Statement of Account. DSR must not be more than 30% of IncomeUpload 6 Months Statement of Account. DSR must not be more than 30% of Income
Upload Valid ID (Government Issued)Upload Valid ID (Government Issued)Upload Valid ID (Government Issued)Upload Valid ID (Government Issued)Upload Valid ID (Government Issued)Upload Valid ID (Government Issued)
Upload Work IDUpload Work ID (if any)Upload Work ID (if any)Upload Work ID (if any)Upload Work ID (if any)Upload Work ID (if any)
Provide 1 valid Debit Cards for loans below N20,000 & two Debit Cards for loans above N20,000Provide 1 valid Debit Cards for loans below N20,000 & two Debit Cards for loans above N20,000Provide 2 Debit CardsProvide 2 Debit CardsProvide 2 Debit CardsProvide 2 valid Debit Cards from 2 different Banks, of which each account must have activities in the last 3 months. One of the cards must be the Business Account.
  Upload Utility BillUpload Utility BillUpload Utility BillUpload Utility Bill
  Upload Official Complementary Card (Optional)Upload Official Complementary Card (Optional)Upload Official Complementary Card (Optional)Upload Official Complementary Card (Optional)
  Provide Post-dated Cheques (Salary Account)Provide Post-dated Cheques (Business Account)Provide Post-dated Cheques (Salary Account)Provide Post-dated Cheques (Business Account)
  Download, Fill, Scan and Upload Loan Agreement FormDownload, Fill, Scan and Upload Loan Agreement FormDownload, Fill, Scan and Upload Guarantor FormDownload, Fill, Scan and Upload Guarantor Form
  Download, Fill, Scan and Upload Guarantor FormDownload, Fill, Scan and Upload Guarantor FormDownload, Fill, Scan and Upload Loan Agreement FormDownload, Fill, Scan and Upload Loan Agreement Form
  Provide a Guarantor Post-Dated Cheque for Loan above N200,000Provide a Guarantor Post-Dated Cheque for Loan above N200,000Provide a Guarantor Post-Dated Cheque for Loan above N250,000Provide a Guarantor Post-Dated Cheque for Loan above N250,000
  Must be collaterized by a luxury asset but easily realizable asset such as Jewelries, Banker’s cheque, vintage cars or any other Business AssetsMust be collaterized by a luxury asset but easily realizable asset such as Jewelries, Banker’s cheque, vintage cars or any other Business AssetsMust be collaterized by a luxury asset but easily realizable asset such as Jewelries, Banker’s cheque, vintage cars or any other Business AssetsMust be collaterized by a luxury asset but easily realizable asset such as Jewelries, Banker’s cheque, vintage cars or any other Business Assets
Loan Approval takes 48 Hrs. – 72 Hrs.Loan Approval takes 48 Hrs. – 72 Hrs.Loan Approval & Disbursal takes 48 Hrs.- 72 Hrs.Loan Approval & Disbursal takes 48 Hrs.- 72 Hrs.Loan Approval & Disbursal takes 48 Hrs.- 72 Hrs.Loan Approval & Disbursal takes 48 Hrs.- 72 Hrs.