Frequently Asked Questions

Is Aposhashamura a Bank?
No. Aposhashamura is not a bank. Aposhashamura Finance Limited is a small company. According to the Central Bank of Nigeria definition of small companies; S...
Sun, 3 May, 2020 at 7:24 PM
How many types of loans are offered on the Aposhashamura platform?
Aposhashamura® offers loan in 3 categories- Mini, Midi & Maxi Loans Loan Type Range Minimum Tenor Maximum Tenor Mini NGN 5,000-50,000 7 days 30...
Sun, 3 May, 2020 at 7:28 PM
How to apply for Aposhashamura Loan, how long does it take?
Aposhashamura is easy! Just download the Android version on Google Play store. The iOS version is still under development. Complete our application form in ...
Sun, 17 May, 2020 at 2:57 AM
Who can apply for the Aposhashamura Loan?
Aposhashamura Loan is available to both Employed & Self-Employed Applicant, although eligibility criteria differ. Please see the requirements below: M...
Sun, 3 May, 2020 at 7:33 PM
What lines of products/services are available with the Aposhashamura loans?
Loan Products Description Transaction Dynamics Unsecured Personal Loans (UPL) Aposhashamura UPL allows customers to borrow our MINI Loan ONLY witho...
Sun, 3 May, 2020 at 7:35 PM
How much can I borrow from Aposhashamura? For how long?
Aposhashamura offers loans in three categories- Mini, Midi and Maxi Loan. When you fill out an application, our system will calculate a loan offer for you b...
Sun, 3 May, 2020 at 7:36 PM
Why is my Bank Verification Number (BVN) required when applying for a loan?
We request your BVN as this is used to verify that the individual applying for a loan is also the same as the owner of the provided bank account. Your BVN m...
Sun, 3 May, 2020 at 7:38 PM
Few common reasons for a declined loan
Aposhashamura MINI loans are non-collateralize. In a bid to PROTECT INVESTORS FUND, we ensure all ends are tied. There are a few common reasons for a declin...
Sun, 17 May, 2020 at 3:46 AM
My current loan offer is too small? Can I get a higher loan amount?
The loan offer given to you is what we can provide at the time of application. This may vary in the future as we learn more about you, we will also be able ...
Wed, 20 May, 2020 at 5:41 AM
What are the required documents or collateral for Aposhashamura loan?
Aposhashamura mini loans do not require collateral or documents- the process is entirely paperless! All you need is an android device, a data connection and...
Wed, 20 May, 2020 at 5:42 AM