AidaCredit is a product of Aida Microfinance Bank Limited.
Aida Microfinance Bank
Financial support.
For everyday life.
At Aida Microfinance Bank Limited, we provide accessible financial services for individuals and small businesses in Nigeria. Our AidaCredit product offers cash loans and in-store phone finance.
Cash loans in the app · Phone finance in-store
See your planbefore you accept
Repay with confidenceTrack every next step
Clear terms✳Human support✳Built for Nigeria✳Clear terms✳Human support✳
Our bank
Our Bank & Licence
We are committed to financial inclusion, with accessible and transparent services for individuals and small businesses across Nigeria. About our bank
Loan Service Provider: Aida Microfinance Bank Limited.
Licensed by the Central Bank of Nigeria (CBN) to provide microfinance and lending services in Nigeria.
FCCPC has granted Aida Microfinance Bank Limited a registration waiver under the Digital Lending Guidelines.
Our products
Need cash or
a new phone?
Through AidaCredit, we offer cash loans in the app and phone finance at participating stores.
01 / Cash loan
Apply for a cash loan
in the AidaCredit app.
Review the amount, term, costs and repayment schedule shown for your application before you decide.
View the loan detailsNGN
02 / Phone finance
Finance a phone
at a participating store.
Choose a supported device with a Sales Advisor, submit your application and review the offer. Down payment and instalments vary by store, model and assessment.
Explore phone finance
Why choose us
Why Choose Aida
Approval, amount and timing depend on each application and applicable terms.
Fast loan approval
Get a loan in minutes
Dedicated team
24/7 Support
Financial support through AidaCredit
High loan amount:
Loans up to ₦2,000,000
No collateral:
Applications processed in minutes with no paperwork
Trusted by thousands of Nigerians
View AidaCredit on Google PlayI am glad I found AidaCredit. I was able to get a loan in minutes to solve my business problem and avoid embarrassment. With AidaCredit I no longer need to beg friends and family for soft loan in moments of emergencies. Thank you AidaCredit.
How to use AidaCredit
From application
to repayment.
Apply for cash in the app or visit a participating store for phone finance.
See how it works- 01Get started
Download the app for cash loans; visit a participating store for phone finance.
- 02Apply for a loan
Apply in the app for cash loans or with a Sales Advisor for phone finance.
- 03Receive funds or device
Review and accept your offer before receiving funds or completing your phone order.
- 04Repay your loan
Follow the repayment schedule in your agreement and get support when needed.
Review before accepting
Know what
you’re agreeing to.
Our AidaCredit cash loans range from ₦4,000 to ₦2,000,000 and terms from 91 days to 12 months. Use the fees page and your in-app offer to check the actual cost and repayment schedule.
₦4k–₦2mcash-loan range*
91d–12mcash-loan terms*
24%+minimum APR*
*Your loan amount and terms depend on your assessment. Approval is not guaranteed.
Read fees and repayment guidanceIllustrative repayment viewExample
Amount₦100,000
Example interest₦12,000
Illustrative term6 months
Total example repayment₦112,000
Uses the public example of a 2% monthly simple-interest illustration. See the fees page for the complete published example.
step, visible.
AidaCredit app
Apply and manage
your cash loan.
With our AidaCredit app, you can apply for a cash loan, review your offer and manage repayments. Download the app using our official store links.
Download AidaCreditCheck the app name and publisher before installing.
We do not tolerate any form of inappropriate or illegal debt collection. If you have experienced any form of harassment or other form of abusive language, threats to your privacy and safety while using the AidaCredit service, please save the evidence and immediately contact our customer service department. We will investigate the matter, and where we confirm that the abuse originated from a member of our staff, we will undertake appropriate disciplinary and remedial measures.
Aida Microfinance Bank Limited reserves the right of final interpretation for all the rules above.
Frequently asked questions
Find the answer
you need.
Browse answers about applying, repayment, app access and account information.
Browse all FAQsWho can use AidaCredit?+
See the eligibility requirements on our FAQ page . Your application is assessed individually, and an application does not guarantee an offer.
What information should I review first?+
Start with the amount, term, interest or APR, every applicable fee, repayment dates and what happens if a payment is late. Review the fees and repayment information .
How do I make a repayment?+
See the app repayment screen and the repayment FAQs . Contact official support if a payment is unclear.
How can I get help?+
Use the support details below for questions, repayment difficulty or complaints.
Emailservice@ishiagumfb.ng
Asa Road, Ishiagu, Ivo LGA,
Ebonyi State, Nigeria