Hometown App

Our first and initial maximum loan offer for every first customer is fixed at ₦10,000. Users automatically get a 100% increase in their next loan upon repayment of the initial first loan. This feature gives our loyal customers the opportunity to build their creditworthiness with us as they progress in their repayments.

Returning customers can get as much as ₦ 200,000. For the first three periods that you repay a loan, you instantly qualify to get double what you previously collected!

We offer one of the lowest interest rates in Nigeria and our loans are without collateral!
With the Hometown App, you can get a loan, credit your wallet, subscribe your Pay TV, pay for electricity, buy airtime & data, send money to other Hometown Users and transfer money to any Nigerian Bank Account.

USING THE APP FUNCTIONALITIES

* Download the app

* Create your account in minutes

* Get instant access to your first ₦10,000 loan

* Transfer Funds to your Wallet or to your Bank Account

*Transfer money to other Hometown users for free

*Buy airtime, subscribe your TV, pay for electricity

*Invest/Save in our Akawo feature


WHY HOMETOWN APP?

* Your first₦10,000 loan is guaranteed irrespective of your status and class. Every customer who downloads the app gets a first ₦10,000 loan!

* 100% increase in every next loan once an old loan is repaid. You pay back your first ₦10,000 loan and instantly qualify to get ₦20,000, and so on!

* No paperwork, no guarantors, no collateral - Just provide your basic details and get an instant loan.

* 24/7 Customer Service - We have a dedicated 24/7 Whatsapp line that can be used to resolve issues instantly.


GET IN TOUCH!

The Hometown App is owned by Hometown Fintech Limited, a registered financial services company with the CAC. Our payment processing companies are CBN regulated and PCI DSS compliant. We can be reached via the following medium;

* Email us at connect@gethometown.app

* Like our Facebook page www.facebook.com/gethometown

* Follow us on Twitter: www.twitter.com/apphometown

* Follow us on Instagram: www.instagram.com/gethometown

* Call us on +234 90 56097944

* Visit our website: www.gethometown.app


FEES AND INTEREST

The Hometown loan attracts interest rates ranging from 13% to a maximum of 21% based on the repayment plan and amount.
Minimum repayment period is 15 days while the maximum repayment period is six (6) months.

Loans range from ₦10,000 (minimum) to ₦200,000 (maximum) with repayment terms of up to 6 months.

Interest rate begins from as low as 13% to a maximum of 21% for for a six months period. The Annual Percentage Rate (APR) on Hometown loan reaches a maximum of 256%.

Example: For a 1-month loan of ₦10,000 Hometown charges 13% for a 15 days repayment option or 21% for a 30 day repayment option. Total repayment amount for a ₦10,000 loan after 30 days is ₦12,100.

Hometown loans are extremely useful in emergency situations and might seem quite costly when compared with conventional bank loans. Customers are advised to apply for the Hometown Loan only when it is extremely necessary to do so. Please visit www.gethometown.app to learn more.