Aella — review & details

In Personal loans · By the Rateweb editorial team · How we rate · Details checked 18 Jul 2026

An FCCPC-approved lender offering mid-sized, no-collateral loans with an in-app decision - convenient, but with lighter oversight than a bank, so read the full cost before you borrow.

Aella

An FCCPC-approved lender offering mid-sized, no-collateral loans with an in-app decision - convenient, but with lighter oversight than a bank, so read the full cost before you borrow.
★★★★☆
3.5/5 · How we rate
₦2,000 – ₦1,000,000
Loan Amount
≈6% – 15%
Monthly Interest
FCCPC-approved (DML)
Licence
—
Deposits Insured
mid
Amount Tier
digital
Provider
Pros
  • Mid-sized amounts up to ₦1m
  • No collateral, in-app decision
Cons
  • FCCPC-approved digital lender — lighter oversight
  • Effective cost is high — check total repayable
  • Requires BVN + data access
Fees, eligibility & documents
Fees
Monthly interestBy credit profile
FeesConfirm APR / total repayable in-app
Late paymentLate fees + credit-bureau report
Eligibility
  • 18+ Nigerian resident
  • Active BVN
  • A smartphone and a Nigerian bank account
Documents needed
  • BVN
  • Valid ID
  • Phone number and app/data access
Visit Aella
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How Aella compares in personal loans

Aella scores 3.5/5 in our personal loans rankings. Our current top pick is FairMoney (4.4/5). Always compare a few before you decide — see the full personal loans comparison.

Aella
3.5/5 · this page
 FairMoney
4.4/5
 GTBank (QuickCredit)
4.3/5
Loan Amount ₦2,000 – ₦1,000,000 ₦3,000 – ₦3,000,000 —
Monthly Interest ≈6% – 15% 2.5% – 30% (by credit profile) —
Licence FCCPC-approved (DML) CBN microfinance bank Product of Guaranty Trust Bank, a CBN-licensed commercial bank
Deposits Insured — Yes (NDIC, to ₦2m) —
Visit Aella → Visit FairMoney → Visit GTBank →

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Details last checked: July 2026

Ratings are Rateweb's editorial opinion. Product details are checked periodically but can change — confirm current terms with the provider before acting. We may earn a commission from some links, at no cost to you.