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How to easily and quickly pay your monthly rent with

Many people in Nigeria have a difficult time finding housing that is comfortably within their price range due to the persistent increase in the cost of accommodation. This recurrent issue continues to force many people to live on the streets. Kwaba is a web-based service that streamlines the process of making rent payments and reduces associated hassles. In the following paragraphs, you will be presented with all of the information regarding the financial platform that you require.

 What is  Kwaba?

Kwaba is a digital platform that helps Africans finance the purchase of homes. In a nutshell, the company provides renters and would-be homeowners with convenient and adaptable payment options for the homes they are purchasing or renting. You will be able to improve both your overall financial health and your capacity if you use this platform to gain more control over your rent.

Nigerians have access to a variety of financial services, including those pertaining to real estate, loans, and savings, thanks to the establishment of a financial organisation in 2019 that is privately held. This indicates that you will be able to use the platform to pay for your home in manageable instalments, save money, and get instant loans.

What kinds of services are available through Kwaba?

The following is a list of the distinctive services that Kwaba provides to residents of Nigeria:

1. Savings

You will have an easier time and more convenience saving for a down payment on a mortgage or for rent if you use this platform.

To put it simply, this enables you to meet the objectives you have set for your personal savings, whether you do so on your own or collaborate with members of your family and circle of friends.

2. Mortgages

The company will come to your home to discuss mortgage options. In essence, they streamline the process and make it more convenient for you, which paves the way for you to purchase the home of your dreams. The terms of these mortgages are crafted to ensure that your actual circumstances will be favourable to you.

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3. Rent Now and Pay Later (optional)

You are able to use the platform to ask your family and friends for financial assistance or to raise additional funds to cover your rent. The company will pay for you whether you are looking to pay for a new home or to renew the lease on the one you currently have.

4. Emergency Funds

When you need help dealing with unanticipated costs, you can use the platform to get access to instant loans. Because of the platform, you do not need to be concerned about being unable to move during a time of economic turmoil.

These services intend to offer the most effective options for savings, loans, and financial management to all people living in Nigeria and throughout Africa. Read up on these five things to think about before applying for a loan at the bank.

How do I go about registering for Kwaba?

Follow the steps outlined below in order to register for the Kwaba platform:

1. To begin, go to either the Play Store or the App Store and download the Kwaba mobile app.

2. After that, finish registering for the event by entering your information into the online form.

After you have finished filling in your information on the form, you should send it in for verification. After you have completed these steps, you will have successfully created an account.

What kinds of documentation are needed in order to sign up for Kwaba?

In order to register on the Kwaba platform, you will need the following documents:

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1. Your Valid BVN

2. A recent bill for the utilities

3. Information concerning your work, including the name and address of your company

4. Your most essential information, including your name, address, telephone number, and email address, etc.

Last but not least, you will need a government-issued identification card, such as your National ID Card or Voters Card.

How do I go about getting a loan on Kwaba?

Follow the steps below to apply for a rent loan through the Kwaba platform:

1. To begin, you will need to provide your information while registering for the platform.

2. After that, you will need to provide the platform with some fundamental information regarding your accommodation status.

3. After that, enter the amount of money you want to borrow for your rent along with the cost of your monthly rent.

After this, the company will check your information, and once everything is confirmed, you will receive the loan. You should also check out the following article: 5 Common Reasons Why Your Loan Application May Be Rejected.

What are the requirements for me to obtain a loan through Kwaba?

One of the requirements to qualify for a loan is to maintain an active savings account. When you have demonstrated that you are committed to saving money, you will be eligible for instant loans.

How Much Time Does It Take to Obtain a Loan Through Kwaba?

In most cases, getting your loan can take anywhere from a few days to a month of waiting. The time frame is determined by the amount that you request as well as how quickly the platform is able to verify your information.

What kind of interest will be added to my rent deposits if I use Kwaba?

The rate of interest on the platform is quite high. If you have unlocked your savings plan, you will be entitled to an annual interest rate of 7%. On the other hand, you will earn an annual interest rate of 8% if you have not yet unlocked your savings plan.

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Where can I find the Kwaba app to download it?

The steps below should be followed in order to download the mobile app for the company:

1. Locate and launch the Play Store application on your Android device. Launch the App Store on your iOS device. if you have one.

2. After that, in the following box, type the word “Kwaba.”

You will have access to a variety of financial services once you have downloaded and registered for the app.

How do I get in touch with Kwaba?

You can get in touch with Kwaba by using any one of the following methods:

The address is 131a Eti-osa way, which is located in the Ikoyi neighbourhood of Lagos.

Address of Email Communication: [email protected]

Phone Number: +234 901 811 2914


In Summary

The provision of financial services is Kwaba’s primary business focus. The primary goal of the company is to provide you with more options for paying your rent. In addition to this, it offers services for saving money and getting loans so that you can take care of any unexpected expenses. The platform, as a whole, is beneficial, credible, and trustworthy.

By utilising this platform, you will be able to acquire a comprehensive loan that is adapted to meet your particular requirements. In a nutshell, it gives you the ability to compare loans offered by various financial institutions located all over Africa, making absolutely certain that you don’t miss out on the optimal choice.

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