Aella Credit Loan App Review – the best instant loan app in Nigeria

Ranked by BusinessInsider as one of the best instant loan apps in Nigeria, it is easy to see why when you try the services of Aella credit loan app.

Aella is not just an app for Quick and easy loans, it also offers bill payments solutions, micro insurance amongst other financial services.

What is Aella credit loan app?

Aella is a fintech app built to simplify instant credit and payment solutions for emerging markets in Africa and Asia. The app is designed to provide services such as loans, investments, bill payments, micro-insurance plans, and money transfers. All of these at the snap of your fingers.

Services offered on Aella app

Aella Credit: Quick and easy access to loans in 5mins. You can grow your credit score and increase your credit limit by prompt repayments, with no paper documentation. All you need is your basic information, BVN, and a smartphone (iOS or Android).

The loan ranges from ₦1,500 to ₦1,000,000 with a tenor of 91 days to 180 days. The monthly interest rate ranges from 2% – 20% and APR from 22% – 264%/annum.

Example of an Aella Loan

Loan Amount: 90,000
Tenure: 3 Months
Interest Rate: 30%
Monthly Interest: 9,000
Monthly Repayment: 39,000
Processing Fee: None
Late Repayment Fee: None
APR: 120%/annum


To repay Aella loan via the Aella loan app via
Debit card – To use this option, navigate to ‘Your Loans’ menu section in the app, click the ‘Repay/Pay now’ button in the app and tap on the card linked to your profile.
Once payment is successful, your account is immediately updated.
Money transfer – This option will involves transferring money to your unique bank account.

How to Apply for Aella loan

  • Download the Aella App
  • Create your account
  • Update your profile
  • Check eligibility
  • Apply for loan
  • Receive funds in your wallet instantly.

Aella Pay: Bill payments made easy. Pay for airtime (Glo, MTN, Etisalat, 9Mobile), Power (EKEDC & IKEDC), Internet Data, Transfers etc at no extra cost.

How to Pay your Bills on Aella app

  • Download the app
  • Create your account
  • Update your account
  • Click on the bill payments tab on the homepage
  • Select your preferred payments (i.e. DSTV, Airtime)
  • Provide details of your payments

Aella Notes: Invest the smart way on Aella Notes. You can earn up 26% per annum on your investments, with a minimum of N100,000. With Aella Notes, you can also save and keep track of your investments in real-time.

Aella Care: Having health insurance sometimes feels like a long process. At AellaCare, we provide a simple, quick and easy process that helps you to get very affordable health care plans, convenient access to hospitals and drug prescriptions across Nigeria.

Why Aella App?

  • Quick and easy loans up to N1,000,000. Our 5mins is 5mins. No late fees
  • Up to 30% interest cut on early repayment
  • No agency/convenience fees for any bill payments
  • Store money securely in your wallet, no fee charged
  • Wallet transfers to any bank account across Nigeria
  • Earn up 26% interest on investments

Is Aella loan app legit?

Yes, Aella is legit. It is one of the best loan apps in Nigeria evaluated by BusinessInsider. The CEO of Aella is Akin Jones and their head office is located in Lagos.


Email: [email protected]
Facebook: @aellaapp
Twitter: @aellaapp
Instagram: @aellaapp


A writer! Columnist and an academic researcher
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