Why you need Lendmonie
We often feel uncomfortable asking for our owed money due to social, psychological, and cultural factors. For instance, there is the fear of damaging relationships or the awkwardness that might arise when requesting repayment.
Some borrowers are aware of these factors and take advantage by either delaying payment or not paying at all.
By the time they repay, the value of the money may have already been eroded by inflation.
As you lend out more loans, it becomes increasingly difficult to keep track of who owes you and how much.
If you were to pass away, most borrowers would neither inform your family nor repay the money owed.
Everything you need to know
Customizable Loan Terms
Decide if you want to be paid with interest and set your preferred rates.
Effortless Loan Creation
Easily set up loans with clear terms and conditions.
Secure Agreement Sharing
Share loan agreements via a secure link for quick borrower review and acceptance.
Automatic Reminders
Never miss a repayment—get automated friendly email, SMS, and call reminders for borrowers.
Comprehensive Tracking
Monitor all your lent money in one place with clear status updates.
Flexible Repayment Options
Get paid back in a way that suits you—choose from multiple repayment options.
Charges
Lender
Borrower
Bank transfer charges inccured by lender will be paid by borrower.
- VAT:₦3.75
- Transactions below ₦5,000:₦10
- Transactions between ₦5,001 and ₦50,000:₦25
- Transactions above ₦50,000:₦50
- SMS Alert Charges:₦10
- Service Fee:₦50
What our users say
Frequently asked questions
Your Money,
Your Terms
Join our waiting list to get exclusive early access to Lendmonie—the app that simplifies borrowing and lending.