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ALL ON YOUR TERMS
Get the Loan You Need.
When You Need It.
OPEN by Baobab is the smart, fast, digital lending platform designed for Nigerians who want more from salary earners to business owners, students, and everyday consumers.
Built for Convenience.
Powered by Trust.
Need credit for business, school or personal needs? OPEN gives you quick approval, transparent fees, and flexible repayment.
- Fast disbursement (as little as a few minutes)
- Low documentation & fully digital onboarding
- Flexible repayment plans
- No collateral for most loans
- Trusted by thousands of Nigerians
Our Loan Categories
We designed every loan option around how Nigerians live, work, dream, and grow.
Salary Loans
Get instant salary loans up to ₦5 million, no collateral, no stress. Designed to help salary earners stay steady, supported, and in control before payday.
Business Loan (MSME)
Running a business can be hard but funding shouldn’t be. Get quick SME loans of up to ₦150 million naira with no collateral. Simple and stress-free.
Buy Now Pay Later (BNPL)
Need a new phone or laptop? Buy now, pay later with easy monthly installments and no collateral.
Consumer Loans
Get the tools you need to work, learn, or grow. Access personal asset finance up to ₦2 million, no collateral, with convenient monthly repayments.
Edu Loans
Pay schools fees or expand your school today with flexible education loans up to ₦2 million.
LPO Finance
Got a purchase order and need funds to deliver? Access fast LPO financing with smooth repayment and no collateral and keep your business moving.
Nano Loans
Got a purchase order and need funds to deliver? Access fast LPO financing with smooth repayment and no collateral and keep your business moving.
How OPEN Works
Simple steps to get started
01.
Download the App or Apply Online
02.
Complete Your Digital KYC
03.
Get a Loan Offer Instantly
04.
Receive Funds in Your Wallet/Account
05.
Repay Automatically & Build Good Credit
TESTIMONIALS
Real People. Real Progress.
Getting a salary loan used to feel like a struggle paperwork, delays, and stress. But with Openbybaobab, it was different. The process was simple, approval was quick, and the money hit my account the same day. It helped me handle an emergency without breaking stride. I'll definitely use them again.
— Chioma A., Customer
I had always been intimidated by the thought of borrowing money, but Openbybaobab made it incredibly easy. The online application was straightforward, and within hours, I received approval. It was a relief to get the funds when I needed them most without any hidden fees. I highly recommend them to anyone in need of financial support.
— Samuel K., Customer
When my car broke down unexpectedly, I was worried about how I'd manage the repairs. Openbybaobab came through for me at the perfect time. The application was quick and straightforward, and I had the money deposited in my account within hours. Their service truly exceeded my expectations!
— Grace T., Customer
I was hesitant to take out a loan, but Openbybaobab's transparent process won me over. I appreciated the clear communication throughout; the funds I received helped me with medical bills without the usual hassle. It was a game-changer for me, and I can't thank them enough!
— Michael R., Customer
Get in Touch
We're here to help you with any questions about our products and services
Call Us Today
Have questions about our products?
Our team is ready to assist you.
Available 8 AM - 6 PM (Mon-Sat)
Visit Our Branch
Prefer face-to-face assistance?
Find a branch close to you.
Multiple locations nationwide