Personal Loans from ₦10,000 in Nigeria
Need cash for rent, school fees, emergencies, or personal bills—not for your shop or business inventory? BAFF personal loans start at ₦10,000 with approval in minutes and flexible repayment you control.
Looking for a business loan up to ₦10M? See BAFF Business Loans →
Who personal loans are for
BAFF personal loans are for individual borrowers with everyday financial needs—not shop restocking, payroll, or SME working capital.
Amounts from ₦10,000 upward- Tier 3 BAFF account with valid ID
- Approval typically within minutes
- No collateral or guarantor required
Need a business loan instead?
Traders, shop owners, and SMEs can access up to ₦10,000,000 through BAFF Business Loans for inventory, expansion, and working capital.
Explore business loans →New to BAFF loans? Read our personal loan guide for Nigeria.
Licensed personal lending you can trust
Licensed as a lender by the FCCPC and the Lagos State Government.
How It Works
Apply for a loan
Fill out the application in minutes.
Get approved in minutes
Quick processing with no long waits
Repay at your pace
Flexible repayment options.
Why BAFF Loans?
No collateral required
No guarantor required
No hidden fees
You can get a new loan once you have paid back your previous loan.
You can use the loan for:
- school fees
- personal needs
- emergency expenses
- Vehicle Repairs
Frequently asked questions
What is a BAFF personal loan?
A BAFF personal loan is short-term credit for individual needs—rent, school fees, emergencies, and everyday expenses. Amounts start from ₦10,000. It is not a business or SME loan.
How fast can I get approved?
Most eligible applicants receive a decision within minutes after submitting the in-app application. Disbursement follows approval if you meet BAFF’s requirements.
What are the requirements for a personal loan?
You need a verified BAFF account (Tier 3), a valid government ID, and a consistent transaction history on the app. No collateral or guarantor is required.
How do I repay my personal loan?
Repayments are debited from your BAFF wallet on the due date. You can also repay manually from the Loan section in the app at your own pace within your plan.
I need funding for my shop or business. Is this the right page?
No—personal loans are for individual expenses. If you need working capital, inventory, or expansion funding up to ₦10M, see BAFF Business Loans on the credit-line page.