Gomoni loan app: is it legit, how to apply - Startuppreneur

Gomoni loan app: is it legit, how to apply

Gomoni is one of the loan app that give instant loan in Nigeria. Their loan processing is very fast once you successfully submit your application, your loan will be disburse in minute.

You don’t have to leave your location, the application process is online. With this loan app you can obtain up to #100,000 loan without collateral or paper work.


Requirements to obtain loan from Gomoni

Below are the requirement you need to meet up with before you can obtain loan from this app

Have source of income


Reside in Nigeria

Be above 18 years of age

Have smart phone with which to download the loan app

Have bvn and bank account


How to apply for Gomoni loan app

The first step to take is to head over to play store and download the loan app

Register with your name, bvn and other details

You will be ask to bind your ATM card which might attract #30 fee, do so and proceed

Once you are done with registration you will be login to your account

On your dashboard locate and click on loan

There you will see amount of loan you are eligible to obtain

Click it and wait for disbursement

How much you can obtain from gomoni loan app

The maximum amount you can obtain from this lona app is #100,000. If you are applying for the first time you will not be able to obtain up to this, as you continue to use the app the amount you can obtain will be increase.

Gomoni interest rate and repayment period

Their repayment period is between 5% to 12% per month, depending on the amount of loan obtain. The repayment period is between 7 days to 180 days, also depend on the amount of loan obtain

If you are applying for the first time, your interest rate will be high why your repayments period will be short, it will later improve as you continue to use the app.

Paying back your gomoni loan

To payback your loan head over to your dashbaord

click on loan repayment

There you will see deferent option to pay back your loan

Click on one and make payment

Once you make payment it will reflect on your dashboard

If it does not you should contact them.

What will happen if I default or refuse to pay back

If you default you will be punish by Increase in your loan Interest rate which might be up to 2%.

If you abscond, your name and bvn will be send to credit bureau for blacklisting which means you will not be able to obtain loan again in Nigeria until you pay back and clear your name with credit bureau.

Is gomoni loan legit

Yes, gomoni loan is legit, they have given loan to many people in Nigeria but they are not license by CBN nor insured by NDIC.

Our final verdict on Gomoni

Gomoni is like many other loan app In Nigeria, they are legit but they are not license by CBN and this is not good. If things go South it will take time before CBN will interfere.

Exercise caution when taking loan from this app only take loan that you know you can pay back.


Gomoni loan app will surely give you loan, but take loan that you know you can pay back. Try to avoid embarrassment and had I know.

Also know that this loan app is not approve by CBN if things go south you have no body to report to.

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