How Garanzia works
From sign up to repayment, everything is clear, digital, and built around you.
Create your Garanzia account
Sign up with your email and phone number, complete a quick KYC, and provide your personal details for a quick KYC check.
Apply for the loan you need
Select loan type, loan currency and input other details of your loan request and attach supporting documents then submit application.
Download Qwid App
Use the referral code 'garanziaCP' to ensure effective mapping and management of disbursements and repayments. Once registration is complete, proceed to open your virtual GBP,USD,CAD or Euro virtual bank account.
Address Verification
An authorized representative physically or virtually verifies your address using proof of address document submitted.
Loan approval decision
Where loan request is approved, an offer letter is sent to applicant for review and execution.
Loan Offer Letter
Following reciept of executed offer letter, naira-equivalent of loan is disbursed and converted within Qwid using its competitive rates and the applicable Qwid currency wallet is credited with proceeds. Loan repayments also involve transfers from your Qwid wallet.
Create your Qwid wallet and open your virtual bank account for easy disbursement and repayment of loan.
Getting a loan abroad shouldn't be a hassle. We've simplified our process so you can get the funds you need without the stress.
Loan products tailored to the Nigerian migrant experience abroad.
Personal Loan
Urgent cash for tuition fees, rent, visa processing, and remittance to loved ones back home.
Up to 5,000
(USD/GBP/EUR/CAD)
- • Attractive interest rates
- • 3 - 12 month tenure
- • No collateral needed
Line of Credit
An available balance to meet unexpected future needs.
Strictly for repeat customers in good standing
Flexible repayment.
Apply for line of creditFAQs
Answers to some of the questions people ask before they start using Garanzia.
Who can apply for a Garanzia loan?
Nigerian citizens abroad who are 18 years or older, with a valid ID and verifiable income, can apply for a loan.
How fast will I get my money?
Where all required documentation is received , it typically takes 7 days from loan application to disbursement.
Can I top up an existing loan?
Yes, topups are allowed subject to performance and repayment history.
How do I repay my loan?
All loan disbursements and repayments are only via the designated money transfer application.
Can I pay my loan in GBP/USD/EUR/CAD?
Yes you can. That flexibility is available depending on your residence.