Borrow up to ₦5,000,000.
5% a month, flat. Up to 12 months. No prepayment penalty.
Plan your loan in 30 seconds.
Drag the sliders. See your monthly repayment and total cost as you move.
Loan calculator
5% / moFour quick questions.
No personal data. No login. Just a quick check before you apply.
Built for different moments.
Personal loan
Salary earners. Up to 12 months. 5% per month, flat.
ApplySME loan
For registered businesses. Up to 12 months. Customisable repayment.
ApplySalary advance
Up to 75% of monthly salary. 30-day tenure.
ApplyQuick credit
Pre-approved Pecan customers. 30 days.
ApplyStraight answers on loans.
What's the actual interest rate?
5% per month, fixed. There is no hidden fee, no service charge, no application fee. The number you see in the calculator is what you pay.
What documents do you need?
Your BVN, a valid Nigerian ID, and a phone number you control. We do not require bank statements, salary slips, or guarantors for loans under ₦500,000.
What if I want to repay early?
You can. There is no prepayment penalty. Repaying early reduces the total interest you pay.
What happens if I miss a repayment?
Contact our team on WhatsApp or by phone before the due date and we will work with you. Late payments incur a small fee, but Pecan does not engage in aggressive collection practices.
Can I top up an existing loan?
Yes, once you have repaid 50% of an active loan, you become eligible for a top-up at the same rate.