Kiakia loan app: Is it Legit? Requirements and how to apply

With Kiakia Peer2Peer platform you can in addition to investing and earning, Access online personal and business loans up to NGN100,000,000 to attend to urgent needs for cash.

The information provided in this article concerning this app is based on information available from the owners of the app and in no way represents the opinion of growfinance and it’s authors.

In summary, You fund, they lend. They invest, you earn.

See also: Fewchore Loan App

Is Kiakia Loan Legit?

The Federal competition and consumer protection commission (FCCPC) is a Nigerian Federal Government Commission aimed at protecting consumers including loan product consumets from unfair business practices. FCCPC as part of it’s mandates has approved some loan apps including this app. follow this link to access the full list in the FCCPC website

Kiakia loan requirements

To successfully submit a loan application, you have to fulfill the following requirements –

  1. An applicant must be resident in Nigeria
  2. An applicant must be above 21 years of age
  3. An applicant must possess a Bank Verification Number (BVN) and be an account holder with any of the mainstream commercial banks in Nigeria.
  4. An applicant must have evidence of verified source(s) of income (employed in the public/private sector or runs his/her own business)
  5. An applicant must provide a valid means of Identification (Work ID for employed applicant, and Government-issued ID for self-employed) applicant
  6. An applicant must provide proof of income (sms or email screenshots of monthly income alerts or electronic bank statement (in Pdf format) for the 6 most recent months)
  7. Alternatively, an applicant can authorize KiaKia to view his/her bank transactions by connecting his/her bank account to the Mr. K software ONLY for the purpose of obtaining bank transaction details.
  8. The applicant must be willing to pay back his or her loan within the allotted time.
  9. The applicant must have an Android phone with stable internet connection

Features/Benefits Of Kiakia Investment

1. With Kiakia you can Earn between 12% – 36% (Quarterly, Bi-annual and Per annum) by investing in loans and businesses.

2. KiaKia is the leading and best Peer-to-Peer lending investment platform in Nigeria (Inclusive Finance Conference and Awards, 2019). This award was won again in 2022 at the Nigerian Fintech Awards by InFINCA.

3. KiaKia as a licensed lender originates, books, structures, facilitates and funds secured personal and business loans of between N10,000 and N100,000,000 and tenures ranging from 30 days to 24 months via its online platform. To achieve this, they essentially do what the banks do with less bureaucracy and administrative encumbrances. By lending their people’s funds, they believe that your money should work for you instead of someone else.

4. In 2017, they launched the KiaKia P2P on this principle, they created a peer-to-peer product to aggregate funds of those who have money to invest (on-lend) and lend it out to those who want to borrow it. They may not offer the lounge service and marble foyer of your bank, but they exist for people who want rewarding investments. Or a competitive and speedy loan that respects the time value of money for entrepreneurs.

5. Rather than leave funds stashed and idle, you can provide it as capital which KiaKia uses to fund individuals and businesses to earn interests or share profits (if that is what suits your faith). With as little as N50,000 and as high as N25,000,000, you can earn as much as 36% interest depending on the tenure election. You can also share profits from the earnings of businesses in selected industries.


6. Kiakia affords you Simple, Secure and Better earnings

7. With over N12,000,000,000 successfully lent out through KiaKia P2P with capital provided by individuals across the world, you can be one of those who put their money to good use in order to grow without any risk of losing it as a result of the security that backs all transactions.

8. Peer2Peer by Kiakia is safe and secure. Users do not need to make withdrawal of interest or profit requests as interests or profits and capital are automatically credited to accounts on file.

9. Peer2Peer by KiaKia is not a loans, savings or payment processing service. Funds for loans provided are lent out for individuals and businesses carefully profiled by KiaKia for interest and profit sharing.

10. They have implemented the best grade of internet security….so, no fears.

11.. There are no processing fees nor hidden charges. What you see is what you get with them.

see also CredPal Loan App; Get Up To ₦2million Loan To Buy Now And Pay Later

Features Of Kiakia Loan

The following are the main features of Kiakia loans service –

1. Their interest rate for personal loans is 15% per month.

2. Minimum loan tenure of 180 days and maximum of 540 days.

3. Their Annual Percentage Rate (APR) is maximum at 180%.


A ₦50,000 loan for 30 days at 15% interest rate has a loan repayment sum of ₦58,300 where ₦50,000 is the loan principal, ₦7,500 is the interest charged at 15% and ₦800 is the applicable fee charged on the loan.

See also Lucky Loan App How to apply, requirements and customer care

How To Apply For And Get Kiakia Loan/ Contact

If you wish to apply for and obtain Kiakia loans, simply visit

You can as well access Kiakia services via app which you can download from Google playstore.

You still reach Kiakia Customer Care for further information and complaints via the following email addresses:

[email protected]


[email protected]

Reviews/Feedbacks From Customers Of Kiakia

Many customers of Kiakia who have used their app to access their services comment that it works well.

However, some customers of Kiakia, complain that the app sometimes malfunctions particularly at the point of setting passwords and other critical processes.

For more detailed individual feedbacks and reviews click here to access them in Google Play store

In conclusion, the above information about Kiakia Peer2Peer app is provided to assist you when you have need for online loan to enable  you weigh this against other options open to you so as to take an informed decision. We equally advise that you check up our posts on risks associated with online loans, savings and transactions.

See also Risks Associated With Saving Money In Online Banks And Apps

Risks Associated with Taking Online Loans

Equally note that our website, growfinance, neither provides loans and other  banking services nor promotes any app over the other but merely gives information to the public based on information available from app owners

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