Taka loan

Grow and expand your business with us. A range of

easily accessible loans

Get Started

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

Baobab_Taka_1
15 DAYS
Baobab_Taka_2
ONE MONTH
Baobab_Taka_3
MORE THAN A MONTH

Taka loan

Grow and expand your business with us. A range of

easily accessible loans

Get Started

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!

03Step

Repaymaent 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%.