Moneyfield MFB
Other LenderMicrofinance Bank
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Go to WebsiteAbout Moneyfield MFB
Moneyfield Microfinance Bank is a Central Bank of Nigeria (CBN)-licensed microfinance bank that provides personal loans, SME financing, savings products, and investment services. It operates as a formal deposit-taking financial institution, serving individuals, salary earners, and small businesses with accessible credit and basic banking services. Based in Lagos, Moneyfield MFB is part of the broader Capitalfield Group and focuses on supporting micro, small, and medium-scale enterprises (MSMEs) through tailored financial products. It offers both digital banking (mobile app and internet banking) and traditional microfinance services. The bank is known for fast loan processing, salary-based lending, and SME support financing.
Amount
₦50,000 - ₦5,000,000
Tenor
1 - 12 months
Min. approval time
24 hrs
Countries
Created on
May 2026
Last updated
May 2026
Requirements
The basic requirements to apply for a loan on Moneyfield MFB include:
- • Valid ID: National ID, voter’s card, driver’s license, or passport.
- • BVN: Required for identity verification and credit assessment.
- • Bank Statement: May be required to assess income and repayment capacity.
- • Utility Bill: Used for address verification.
- • Proof of Income/Employment: Required especially for salary and SME loans.
- • Bank Account Details: Needed for loan disbursement and repayment.
- • Application Form: Completed online or physical loan application.
- • Age Requirement: Must be 18 years or older.
How to Apply
To apply for a loan with Moneyfield MFB, visit the lender's website and click on "Get Started." If you meet the eligibility criteria and agree with the terms, complete and submit the online application form.
This lender claims it can approve applications on the same day they are submitted and disburse funds within 24 to 72 hrs.
Contact
Support Number
+234 700 024 8632
Website
Facebook Url
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