Simple, transparent pricing
Choose your plan
Starter
- Loan applications up to ₦500,000
- 30-day repayment terms
- Basic borrower management
- Email support
- Mobile app access
Business
- Loan applications up to ₦2,000,000
- Flexible repayment terms up to 90 days
- Advanced borrower profiles
- Automated repayment tracking
- Priority phone & email support
- Analytics dashboard
Enterprise
- Unlimited loan applications
- Custom repayment schedules up to 180 days
- Full borrower credit history
- Multi-user workspace access
- Dedicated account manager
- Custom reporting & API access
- White-label options
Fees and charges
Loan processing fee
Late payment fee
Early repayment
Account maintenance
SMS notifications
Document verification
Billing questions, answered
The short version: no surprises. Here's how our pricing, upgrades, and billing actually work for microfinance institutions and loan officers.
What happens when I upgrade mid-cycle?
We prorate to the day. You pay only the difference for the remainder of the cycle, and your renewal date stays the same. If you're upgrading from Starter to Business on day 15, you'll pay half the difference immediately.
Can I get a refund if I cancel?
Yes — every plan carries a 30-day money-back window. After that, monthly plans are non-refundable for the current cycle, but you can cancel anytime and won't be charged again.
Do you charge per user or per institution?
Per institution. Your monthly fee covers your entire team. Business and Enterprise plans include multi-user access at no extra charge, so your loan officers can all work from the same workspace.
Are there limits on the number of borrowers I can manage?
No borrower limits on any plan. You can manage as many borrowers as you need. The loan amount caps apply to individual loan applications, not your total portfolio.
Can we pay by invoice or bank transfer?
Enterprise customers can switch to quarterly invoicing with net-15 terms and pay via bank transfer. Email billing@lagosmicrofinance.ng and we'll set it up within 24 hours.
What payment methods do you accept?
We accept all major Nigerian debit and credit cards, bank transfers, and mobile money (including Paga and OPay). International cards are also supported for diaspora customers.