Your plans shouldn't wait!
Get quick cash to do what you want to do today.Whether you need to fuel your car, pay school fees or just some quick cash to stock up on groceries, you’ll have the money in your account in minutes. No waiting around!
Benefits
Why Sparkle Loan?
Freedom
Ask, access, whenever, wherever.
Personalized
Your price is determined by how well we know you and the activities you do on the Sparkle app.
Trust
It's your Data that decides, not humans. The more you do with us the more we know you.
Inclusive
There’s a Sparkle Loan for everyone. Get from ₦100,000 up to ₦5,000,000 straight into your Sparkle account.
Transparent
Get early payment reminders to help you stay on top of your loan repayments. Easily see what you’ve paid, how much is left to pay, and all your loan information in one place.
Digitally Simple
You shouldn’t have to jump through hoops to get a loan. Apply straight from your Sparkle app in just a few clicks. No complex forms, collateral or guarantor needed.
Let’s get started with your first loan
PRE-QUALIFY
To get a loan from us you need to be a loyal friend.
To get started:
Open a Sparkle account, fund your account, and start carrying out transactions to move up the loyalty ladder and qualify for a loan in no time.
APPLY
If you’re already a Sparkler, you’ll need to check if you’re loyal.
Launch your Sparkle app and click on ‘Sparkling Rewards’ to see your loyalty level. If you’re Loyalty level is 3 or 4, that means you’re qualified to get a loan from us. But before you apply, be sure you’ve submitted your NIN and address to us for verification.
No worries, it’s simple. Just click on your profile on the app and select “Account Verification” to submit your personal details to us. We’re asking for these just to know you well enough to trust you with our money.
Get a Sparkle Loan
If you’re qualified for a loan, we’ll show you the highest amount you can borrow. Simply tell us how much you need by typing in the exact amount.
Using the Loan calculator, choose the duration of your loan and we’ll show you your Repayment Amount and Schedule.
RECEIVE YOUR MONEY IMMEDIATELY
If you’re cool with all the details on your Loan Summary, all you need to do is tap 'Proceed', enter your PIN and we’ll credit the money into your Sparkle account immediately.
REPAYMENT
To repay your Sparkle Loan, all you need to do is to fund your account with the repayment amount and debit your account on the repayment date.
You can also choose to repay your loan earlier than your repayment date. Paying back your Loan on time gives you access to higher Loan amounts.
Get sparkling!!!
Be Part of Our Sparkle Tribe
Download the Sparkle App and open an account within minutes
Frequently Asked Questions
FAQs
You can get loans ranging from ₦100,000 to ₦5,000,000 right in your Sparkle account.
We lend you money to help, and so we only charge you a little extra for it. How much extra depends on:
- How good you are with money (we check to see how well you repaid loans you borrowed in the past)
- How much we know about you from the Sparkle app (we look at your transaction history: bills payment, deposits, and documents you’ve shared with us like your address and NIN).
One thing for sure is that our prices are comparable and, in many cases, better than other banks and FinTechs
P.S. Sparkling women in the tribe get a 2% discount on their interest rate.
It’s simple! Just do more on the Sparkle app- use all our amazing features, maintain deposits, and pay your bills with Sparkle.
Also make sure we have personal information about you like your NIN and your residential address. When you do all of these, we get to know you better and charge you only a little for the money you’re borrowing. You’ll see the exact rate you get on your loan offer letter.