Need an urgent Loan?
TAKA is a nano loan designed for urgent financing needs. Immediately available in the branch, our customers will just have to go there and be disbursed. We grant Taka loan up to 150,000 NG over a period of 2 weeks to 1 month maximum. The faster you repay, the faster you can get a new Taka with a higher amount.
Loan Renewal
- Taka refunded in less than 15 days
- Your Taka grows
- The amount of your next TAKA loan can be increased.
15 DAYS
- Taka refunded in less than a month
- Your Taka goes on
- The amount of your next TAKA stays the same
ONE MONTH
- Taka refunded in more than a month
- Your Taka is blocked
- You will no longer be able to apply for a TAKA loan
MORE THAN A MONTH
Taka loan
Grow and expand your business with us. A range of
easily accessible loans
How does it works
01 Step
Client SMS
You are a Baobab Nigeria client qualified for the TAKA Loan. You will be contacted by SMS or phone.
02 Step
Appointment in a branch
You visit the closest Baobab branch and disburse your loan!
03 Step
Repayment of the TAKA
You have up to one month to pay back your loan. If payed within one month tou are eligible for a new loan!
FAQ
Yes! You can pay your TAKA loan before the due date at any time in a BAOBAB branch. If you pay back within 15 days, the amount of your next TAKA will be higher.
No, check your eligibility and disburse your Taka loan without moving to a branch.
You go to the nearest Baobab point to make a deposit on your account, telling the operator that it is for the refund of your Taka. The taka loan has no monthly payment, you are supposed to repay the full loan plus the interest before term. A SMS confirmation will follow the refund.
There is no interest rate or fees. The refund will be done just with a commission of 6%.
