Kmimk is an online lending company that is new in the game of granting personal loan to Nigeria without document.
It’s easy to apply. Just download the Kmimk loan app from Google Play store ( It is available for some people. If you can not find it, just scroll down and you can download it here) and provide some information about you. The algorithm will analyze your data, calculate your credit score, and offer you a loan within a few hours.
About Kmimk
The Kmimk loan company has been sending loan to people even despite that they did not apply and it is a welcomed development to some people while other feel it is totally wrong.
What Is Kmimk?
Kmimk means Kodak money in minutes Kodak.
Kmimk is a registered new loan company in Nigeria that grant loan to individuals and business owner . Kmimk is very new in Nigeria as the loan app is not yet approved on Google Play Store .
Kmimk Loan App
The new Kmimk loan app is yet to be announced or available for download on Google Play store or Apple store. You can download Kmimk loan App here
Kmimk Full Meaning
Kmimk full meaning is Kodak money in minutes Kodak, it is a slogan that they kmimk company will explain what it means during the official launching.
Kmimk Message
If you received any message from Kmimk then it is not a scam, just relax and you will be contacted very soon.
Kmimk Loan
The Kmimk loan is available to every individual that can provide the following details.
Have a bank account as well as BVN
Are you able to earn a living?
You must be over 18 years old
Reside in Nigeria
You must have a smart phone to download the application
Is Kmimk Loan legit?
Kmimk Loan is a legit loan app. However, the app is still new to the Play Store. It does offer loans to customers, but it is important to be cautious before applying for an online loan. Before you apply for a loan in Nigeria, make sure to read reviews from other customers.
These loan applications are not registered with the CBN nor any other government agency in Nigeria. They are responsible for your transactions and you cannot seek redress for bad customer service.
Its availability on Google Play store does not guarantee that transactions made on it are secure. You are responsible for your security when using loan apps in Nigeria through the play store.
Kmimk Loan Requirement
- You can be a Nigerian citizen or resident.
- At least 18 years of age
- A monthly income source.
- Attach your ATM card to the account
- Give details about two of your closest relatives, including their telephone numbers.
- You have a high credit score and no outstanding loans from any other lenders.
- Maintain an active bank account
- Your BVN must have your phone number.
- You must have a valid ID card issued by the government.
Loan Interest Of Kmimk
Rates and fees for loans
Loan amounts: N 5,000 to n 50,000
Service / Interest Fee: 2% – 35%
Maximum Annual Percentage Rate (APR), 66.21% – 2740.44%
Late fee: One-time fee of 8.8% of the outstanding amount
Minimum repayment period: 61 days
Maximum repayment period: 180 days
kmimk Customer Care Number
The customer care number of Kmimk loan is 08134131664 and the mail address is [email protected]
How much can you borrow from kmimk loan app?
The kmimk loan application allows you to borrow up to N100,000 without any collateral or guarantors in a single transaction.
As a first-time borrower, you might not be able to borrow as much as this, but as you continue borrowing and repaying, your borrowing capacity will rise.
What if you don’t pay back?
If you choose not to pay it back in full, you may be charged a late fee and your name may be listed as a delinquent borrower with the credit bureaus, which would restrict you from applying for loans in Nigeria until you have fully repaid the loan.
To avoid unnecessary problems with kmimk, it is advisable to pay up the loan before the deadline.