QUALITY LOANS WITH LOVONUS
Our expertise and international standards assure our clients of quality service and delivery. Loans currently range from N15,000 to N5,000,000;
- Flexible collateral arrangements depending on loan size (Stock Hypo, vehicles, property etc.)
Allowance in documentation requirements.
- faster loan processing especially for regular customers with good repayment period
- 100% control of your loan with us.
- Free SMS Reminder for your Monthly Repayments
- Speedy loan disbursement is guaranteed
Lovonus Microfinance Bank is a customer-ccentric bank with ideas and products that help our customers. Aside from our very low interest loans, we have a loan for every kind of customer
Salary Advance is a shorten loan product which is offered to Government and Private employees who channel their salary through Lovonus Microfinance Bank. The product is designed to meet employee’s short term financial needs with salary advance repayable on a pocket convenient schedule.
Asset finance is a product designed to facilitate financing of movable assets. The assets funded in Asset Finance include Refrigerator, Generators, and industrial equipment etc. with a minimum finance amount
LOV CONSUMER LOAN
Lovonus Microfinance Bank offers a variety of very affordable loan products to meet your financial needs. Whether you are going on a vacation, purchasing a car or consolidating some debt, we have the consumer loan for you!
The Micro Loan is designed to assist start up and businesses with inventory purchases and/or capital items directly related to increasing sales or services. In addition it can be used for working capital.
LOVONUS LOAN CALCULATOR
Our Lovonus Loan Calculator gives concise visuals to help determine what monthly payments and total costs will look like over the life of a your loan. Since most loans come with fees and/or insurance, the end cost for them can actually be higher than advertised. Therefore, the Lovonus Loan calculator takes all of these variables into account when determining the real annual percentage rate, or APR for the loan. Using this real APR for loan comparisons is most likely to be more precise.
Lovonus Microfinance Bank is licensed by the Central Bank of Nigeria under the Bank & Other Financial Institution Act (BOFIA) of 1991 (as amended) and the National Microfinance Regulatory and Supervisory Framework of December 2009