Renmoney Review – The RenMoney Review will let you know what is it you need know about RenMoney before you apply for a loan from them.
RenMoney is known to be the first MFB (Micro-Finance Bank) to have launched a technology of Cloud services with a minimal and fixed asset Nigerian investment.
The RenMoney financial loan platform has several beneficial packages or product such as:
- Cash Loan
- Fixed Deposits
- Target Savings
- Smartphone Financing,
- Loan@Work,
- School Fees Loan
- POS (Point-of-Sale) Loan.
The RenMoney MFB (Micro-Finance Bank) limited which was formerly known as RenCredit happens to be a finance type of consumer’s organization which was founded in 2012 at Lagos under the Microfinance bank unit with a professionalism in providing a solution for simple money.
Where Is Renmoney Located?
The RenMoney MFB (Micro-Finance Bank) limited upgraded to having a state license to be able to operate at multiple LAGOS locations such as:
- Apapa
- Ikeja
- Ikota
- Lagos Island
- Surulere
RenMoney MFB (Micro-Finance Bank) limited has over 400 staff and more than 24,000 customers as they have a very trusted platform with functionalities that guarantees an efficient operation.
How Renmoney Works – Renmoney Review
Renmoney Cashloan
RenMoney MFB (Micro-Finance Bank) limited offers to their customers loans of up to N 4,000,000 for a duration of about 3-9 month that do not require any documentation or collateral what so ever. The following are criteria to be met;
- Age range of between 22-59 years of age
- Applicant must have a steady income source that can be verified
- Applicant must be a staff confirmed at present place of work
- Applicant must possess either an active savings or current account
- Applicant must have a valid identification mean
For more info about RenMoney CashLoan visit: https://renmoney.com/loans/cash-loan/
Renmoney Smartphone Finance
The RenMoney MFB (Micro-Finance Bank) limited has made good partnership with mobile service providers to be able to offer financing of smartphones to individuals who are interested, and payback on a 12 month convenient instalment duration.
For more info about RenMoney Smartphone financing visit: https://renmoney.com/loans/smartphone-finance/
Renmoney Loan@Work
The RenMoney MFB (Micro-Finance Bank) limited Loan@work scheme is offered at Organizations who would love to sign up a Memorandum of Understanding as to allowing RenMoney offer loan to its employees of not less than 30 or thereabout and deduct it at ease and seamlessly.
For more info about RenMoney Loan@Work visit: https://www.renmoneyng.com/loans/loanwork-loans/
Renmoney School Fees Loan
The RenMoney MFB (Micro-Finance Bank) limited use this medium to offer financed educational opportunities to both kids and adults or students of varying educational status and likewise repay at a monthly convenient installment.
The following are criteria to be met;
- Age range of between 22-59 years of age
- Applicant must have a steady income source that can be verified
- Applicant must be a staff confirmed at present place of work
- Applicant must possess either an active savings or current account
- Applicant must have a valid identification mean
For more info about RenMoney School fee loan visit: https://www.renmoneyng.com/loans/school-fees-loan/
Renmoney POS Loan
This RenMoney scheme allows for applicants to be able to buy house hold appliances at The RenMoney partnered outlets (i.e. Thermocool) products such as;
- Refrigerator
- Generators
- Television set
- Air conditioners etc
And then add a repayment option which would be easy. For more info about RenMoney POS visit: https://renmoney.com/pos-loan-2/
Renmoney Fixed Deposit
RenMoney offers an investment option for individuals that would love to grow their savings by allowing them invest a minimum of N 250,000 to obtain cumulative interest rates over an agreed duration. For more info about RenMoney Fixed deposit visit: https://renmoney.com/invest/fixed-deposit/
Renmoney Target Saving
This scheme offered by RenMoney allows for individuals to be able to have a savings plan towards achieving a specific goal. All they just need do is filling an agreement form covering how much they would me saving monthly and to what duration of time that deduction would be concurrently deducted from their account.
For more info about RenMoney Target saving visit: https://renmoney.com/invest/target-savings/