See If You Qualify
Before You Apply
Qualify For: up to N10 M | Loan Terms: starts at 3 – 48 Months
Check the requirements below to see if you qualify – Must Live in Lagos
Active Bank Account + BVN
Have a recent 6 months statement from an active account + your BVN
Guarantor
As part of your application, you’ll need to submit a guarantor. The guarantor will be responsible for completing and signing the necessary forms to support your loan request.
Equity Contribution
A 25% equity contribution is required, with a minimum starting from ₦1 million and above.
Proof of Address
Please ensure you have a valid proof of address ready. Acceptable proof of address is
- Utility Bill
- Water Bill
- Rental Agreement
Must Be 25yrs or older
Gbovo only offers loans to people age 25 and abbove
Valid ID card
A valid ID card is required before the loan is approved. Please ensure you have your ID ready.
Voters card
Passport
Drivers Licence
N150 To Activate Mandate
Please ensure a balance of N150 in your bank account to activate your mandate before the loan is approved.
More than 2 Outstanding loan
If you have over 2 outstanding loans, your application will automatically be disqualified.