MenaCred is a free Android app developed by MenaCred that offers accessible loans to everyone, from everyday people to small businesses and traders. The app eliminates traditional barriers that once made it impossible to access loans without a credit history, paperwork, collateral, and guarantors. With Mena Everyday, Mena Micro, and Mena Market loans, customers can access loans of up to ₦150,000 to achieve their dreams.

MenaCred offers a transparent and convenient service with no customer onboarding fees, administrative fees, upfront fees, or other hidden charges. The loan amount ranges from ₦5,000 to ₦150,000 to be repaid between 60 to 180 days at a monthly interest rate of 5% to 18% with APR from 60% to 180%. Customers can also extend their loans when they are unable to meet up with repayment.

The app also features a wallet that enables customers to add money from their bank account or card, transfer money to their bank account at no charge, get a personalized and dedicated bank account number for seamless repayment, and pay bills without hassles.