Consumer Credit Lines
Consumer Credit Lines
For us at Liberty Hub, we believe that consumer credit needs in Nigeria are imperative. We are starting out with a test of the marketplace, and we plan to issue over 500,000 microcredit loans in the next 48 months. The average loan size is about ₦100,000.00, although we plan to lend up to ₦5,000,000.00 without requiring any collateral.
In the long term, we shall be expanding to our next markets, focusing more on enabling financial access to those underserved business communities across Nigeria. We are a multilevel mentoring company focused on expanding financial access, choice, and control for the underserved, and we envisioned it this way because we think credit is one of our niche products, although it is just one piece in the financial needs of our customers.
We know our customers have needs around saving and budgeting, and their needs for short-term or long-term credit might be very different. We have carefully studied men and women with microfinance needs and other people who are ultimately excluded from the formal system, and one challenge that we found was that a lot of formal institutions were not serving customers with the products that would truly serve their needs in a flexible way.
Consumer lending opportunity and consumer credit lines are available to new customers because we understand that these new credit lines represent massive opportunities for innovation and new businesses. Here is a deep dive into two of the different ways to approach the product segments of our micro-lending options.



Though the Liberty Card
Choosing the right credit card is easier than ever with Liberty Card™. Whether you want to pay down balances faster, maximize cash back, earn rewards or begin building your credit history, we have the ideal card dedicated and designed for you. With our Liberty CardTM, you will enjoy important features like:
- Convenient and flexible purchasing power – accepted at millions of locations worldwide.
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- Plus much more.