How to get a loan from Aella Credit

Aella Credit is a major FinTech company backed by various global investors with specialization in giving loans to small businesses and individuals. The company operates in Nigeria, Ghana, Philippines where they have given out loans over 300, 000 times. With investors including YCombinator, Vy Capital, Friale and more, Aella Credit has made a big impact in the lending industry in Nigeria, Ghana and Philippines.

The loans are given without collateral or guarantors. They have very reasonable interest rate and surprisingly, no late fees. That means, you will not have to pay any fees if you miss repaying your loan exactly on time. The repayment plan is very flexible and they reward loyal returning customers with cheaper rates.

Aella Credit has a special commitment to women. The company prides itself in supporting women and their businesses with loans. Currently, women makes up over 45% of its users.

Apart from giving loans to businesses and individuals, this FinTech company also partners with major organisations to give loans to its employees.


Aella Credit loan requirement

Below are the requirement:

  1. Bank Verification Number (BVN)
  2. Basic information including your name, phone number and email
  3. Your bank account details
  4. A photo of you maybe needed. This will be taken real time.
  5. Youremployee ID number (if you are applying based on your employers partnership with them)


How to get a loan from Aella credit

Follow these steps to get a loan from Aella credit.


1. Download the app

The first step to get a loan is to download the app from Google play store. It is very easy, with your android phone, go to play store and download.

2. Launch the app and pick a source

This step is simple. Once the app is downloaded and installed on your phone, just tap on it to launch it. You will be asked if your organisation is part of Aella Credit or not. If you know that your company is part of it and you want to apply through their network, click yes. You will be asked to input your name and employee ID number.

If you are applying on your own, click no and continue.

3. Sign up

You will be asked to provide basic information such as name, email, phone number and password. That is it! You will receive a code to verify your phone number. Once you verify, you are in.

4. Request loan

Once you have signed up, you should be able to login. In the app you will see ‘request for loan’. Click on it and follow the instructions.

5. Wait for loan

Once you have applied. Wait for a loan decision which usually does not take much time


How much can you get as loan?

You can get up to N90, 000 loan . At the beginning, you usually get small amounts but as you pay back and progress, you will have access to bigger amounts


Aella credit interest rate

They operate a flexible interest rates. The monthly interest rate varies from 4% – 29%. The loan tenor is from 30 to 60 days to pay back.


Loan term

The loan term ranges from 30 to 60 days


Repayment of loan

There are many easy ways to repay loan. You can login to the app and repay easily with your debit card. You can repay via Quickteller and many other means. If you get stuck, reach out to the customer care.


Aella credit for companies

This FinTech company have a special product for companies. If you run a company with a lot of employees, you can sign up with them. As part of your responsibility to help your employees.

Once you sign up as a company, they will profile your company and give loans to your employees at very competitive interest rates. This kind of loan is known as In Network loan. The interest rate for employees taking in-network is 1% – 14% monthly.

To sign up your organization click here


Aella Credit Head office

The Head office for Nigeria is located at Pentagon Plaza, 23 Opebi Rd, Opebi, Ikeja, Lagos, Nigeria.


Aella Credit customer care phone number

The customer care email is

Unfortunately, at this time, they do not offer phone support. As soon as they do, we will update this page. Alternatively, you can reach them on Facebook, Twitter and Instagram.


Aella Credit App

To get a loan, you will need to have the app installed on your phone. The app is only available for android phone as at this moment. For iOS, Blackberry and Window phone users, you will need to have an android phone to apply. You can click here to download the app from Google play store



The Aella Credit website is



For other loan options, check out our page: Loans

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