A friend to all Pensioners
Get quick loans from ₦100,000 to ₦1,000,000
No One Loves Pensioners Like We Do
No one understands the needs of pensioners quite like us. Our commitment to providing financial support to retirees without the hassle. With Padi, pensioners find reliable assistance, minimal interest rates, and a team dedicated to their well-being. Let us be your trusted companion through retirement.
Here's why we are the ultimate choice for affordable loans to pensioners
At Penaid, we have the right loan to suit your monthly pension. Our loan calculator shows you your eligibility to apply and the duration of your repayment.
Applying for a loan at a bank mostly requires that you provide collateral but with us, it's not the case. All we need is your bank statement and a few documents.
Penaid monthly interest rates go as low as 4% with no extra charges. Interest rates like these are hard to come by these days.
Our team of customer service experts are readily available 24/7 to answer your questions and to guide you when and where necessary.
It's more than the loan, it's about being there for you when you need us the most through our value-added services we aim to enrich lives.
ELIGIBILITY
All you need to have to qualify for a loan.
No hidden fees.
You qualify for a loan if you can provide these;
Retirement Letter/Pension Certificate
Government Issued ID
Recent utility bill
Passport photograph
Most recent Bank statements (Last 6 Months)
Valid ATM Card i.e not expiring soon and activated for online use.
What our clIents are saying
Penaid was introduced to our Unilag sector by a vibrant and intelligent group. With Penaid's support, I established my fishpond business despite our low earnings as senior citizens. I highly recommend Penaid to the masses because it stands for the people. It's not for the oppressors; it's for the weak masses, the retired, not tired.
Sanni Babatunde (aka Lobito)
I became acquainted with Penaid through a fellow pensioner who has benefited from their services. Operating a private school, I faced challenges obtaining loans from traditional banks due to high-interest rates and stringent conditions. Thanks to Penaid, I have taken loans multiple times to develop my school. Their minimal interest rates and lack of collateral requirements have benefited many pensioners like myself. I appreciate Penaid for their support and commitment to serving pensioners.
Lawal Gbadero
I operate renter services, and I recently took a loan from Penaid to purchase additional chairs for my business. This business has been instrumental in providing for my family's needs, and I have benefited from Penaid's support multiple times, with the business still flourishing. Penaid, you are our hope, and I trust in the work you are doing.
Mr. Goodluck Olatunji
It's been a blessing to discover Penaid, as it has resolved numerous challenges for retirees like myself. I've personally benefited from Penaid's support. The staff, mostly young and vibrant, have done an exceptional job in caring for the elderly. I commend them for their efforts and extend my gratitude.
