Please, ensure you complete the questions with asterisks.

Please, only use this form if you are a new customer. Returning customers must sign in to their account to apply for a new loan.

Please, use the slider for the Loan Amount and how long you need the for. Following this, you will see the total repayment, monthly repayment, total interest and Final repayment date.

If you are happy with the information, proceed to applying by completing the application.

*How much do you want to borrow?
*How long do you need the loan for(months)?
Final Repayment Date:

Total Interest
Total Repayment (Loan amount and total interest)

Monthly Repayment

Our Representative Example: Loan amount ₦500,000 repayable over 6 months. Total amount repayable ₦680,000 in 6 payments of ₦113,333. * Illustrative and based on a 30 day month.

*Yes, am happy to pay the processing fee(Non-refundable)

*Is this a personal or business loan?
*How do you intend to pay the loan back?
If others, provide more information
*Proposed collateral Collateral is when an asset is pledged to secure repayment. Proof of ownership must be provided
If others, provide more information


We can only provide loan facility to residents of Lagos and Oyo state

(This is for identification purposes and should be a maximum 12 characters)


if you have don't have a second number, please re-enter the same mobile number




As part of our commitment to responsible lending, it is important for us to understand your regular out-goings when we access your application.

Please only include your own personal contributions and responsibilities if you share any cost of the expenses below with any other individuals in your household.


If referral, please, enter referral code below

Please, create an account by registering a password

Password must contain the following:

A lowercase letter

A capital (uppercase) letter

A number

Minimum 8 characters

Warning: Late repayment can cause you serious problems.


  1. I certify that the information supplied by me is true and correct

  2. I authorise verification of the truthfulness of all information contained herein, including contact with any firm or person listed above, and I fully release all parties from any and all liability for any damage that may result. Any false statement made by me shall be sufficient basis for rejection

  3. The Applicant understands that additional information in support of this application must be supplied to SHOWAL, if requested, before adequate consideration can be given to this application.

  4. The Applicant realises that any present or future indebtedness of the Applicant, or the Applicant’s business, to the SHOWAL may become due and payable if any information provided by the Applicant to the SHOWAL proves to be inaccurate or incomplete

  5. SHOWAL may ask for additional security before proceeding with your loan application. The level/type of security is determined on a customer by customer basis. Factors that affect the level of security required include (but are not limited to)
    • The net worth of the customer
    • The level of risk assessed to this application by the business manager The credit history of the customer
    • The information provided on this form

    SHOWAL staff will discuss loan security options with you after we have had an opportunity to review your application package, personal statement and credit history

  6. If your loan is over 5,000,000 NAIRA, SHOWAL requires that you secure life insurance to cover the loan. Even If your application is approved, no funds will be disbursed until the life insurance is in place. If you are unable to quality for life Insurance then SHOWAL reserves the right to reject the loan application
* Sending this application means applicant agrees to the above terms and conditions