NIGERIA LOAN WITHOUT JOB

NIGERIA LOAN WITHOUT JOB

NIGERIA LOAN WITH NO JOB NIGERIA LENDING FACILITY WITHOUT JOB FOR UNEMPLOYED NIGERIAN

In Nigeria, a loan without job is by definition a credit facility which is offered by a Nigerian lender, a Nigerian bank or a loan broker to satisfy the financial demands of an unemployed Nigerian borrower.

In Nigeria, a loan with no job is crucial to Nigerians who have lost their job and cannot provide with security to the classical Nigeria lender as the latter requires always a source of revenue in the form of salary slip.

In Nigeria, a credit facility for unemployed Nigerians is possible through new types of alternative loans emerging in the country and which ask partly for collateral but not always and which don’t involve the Nigerian banks.

In Nigeria, a loan without job presents several options and solutions in case a borrower is unemployed:

  • A private or peer-to-peer (P2P)loan.

  • A crowdfunding with or without reward.

  • A collateral loans secured through an asset.

  • A microcredit in the context of microfinance.

  • A pawnbroking loan.