Home Finance  P2vest Loan: interest rate, app download, customer care number

 P2vest Loan: interest rate, app download, customer care number

P2vest is a leading digital lender in Nigeria thatt provides instant loans through its mobile app. As the fintech industry continues to grow rapidly in the country, more and more people are turning to platforms like P2vest for quick access to funds. 

In this comprehensive guide, we will cover everything you need to know about P2vest loans including interest rates, how to download the app, customer support details and more. By the end, you’ll have a clear understanding of how P2vest works and how to get started.

How Does P2vest Work?

P2vest operates an online peertopeer (P2P) lending model that connects individuals who need loans (borrowers) with individuals or institutions willing to fund those loans (lenders). 

P2vest Loan Interest Rates

P2vest loans come with flexible repayment periods and competitive interest rates compared to other digital lenders in Nigeria. The interest rates include;

 13 month term: 34% interest per month 

 46 month term: 2.53% interest per month

The actual interest rate a borrower receives depends on their individual credit profile and loan amount. In general, larger loans over ₦100,000 will have slightly lower rates.

Factors That Impact Interest Rates

A few key factors influence the specific interest rate P2vest offers individual borrowers

Credit score: Borrowers with higher credit scores typically qualify for lower rates.

Loan purpose: Rates may vary based on whether the loan is for personal or business use. 

Repayment history: Existing P2vest customers with ontime repayments see reduced rates on new loans.

How to Download the P2vest App

To get started with P2vest loans, you’ll need to download the mobile app which is available on Android and iOS

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For Android

1. Open the Google Play Store on your Android device.

2. Search for “P2vest” and tap the search result. 

3. Tap “Install” to download and install the app. 

4. Open the P2vest app and complete the registration process.

For iOS

1. Open the App Store app on your iPhone or iPad.  

2. Search for “P2vest” and tap the search result.

3. Tap “Get” to download and install the app.

4. Open the P2vest app and complete the registration process.

The registration involves providing basic details to set up your account. You’ll then be able to start applying for loans right away.

How to Apply for a P2vest Loan

So you want to apply are the simple steps to apply for a P2vest loan once you have downloaded the app:

1. Log in to your P2vest account and select “Apply for loan.”

2. Choose your preferred loan amount between ₦5,000₦300,000 and loan term. 

3. Enter your BVN and profile details for verification.

4. Review the estimated repayment plan and interest charges. 

5. Accept the terms and conditions to submit your application. 

6. If approved, funds will be paid out into your linked bank account within 24 hours.

The entire application and approval process usually takes under 5 minutes. P2vest leverages technology like identity verification to expedite loan assessment.

Customer Support for P2vest Loans  

As with any financial service, issues may arise that require support. Here are the contact details for P2vest customer care

Call or WhatsApp

Call: +234 818 888 P2VE (+234 818 888 7823)

WhatsApp: +234 818 888 P2VE (+234 818 888 7823)

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Customer care agents are available via call or WhatsApp from 8:00 am to 8:00 pm daily. You can also message them on email at support@p2vest.com

Email is best for nonurgent inquiries that don’t require an immediate response.

P2vest has walkin centers in key cities where customers can get assistance inperson. These include:

Lagos: 337 Herbert Macaulay Way, Yaba. 

Abuja: 19 Creek Road, Maitama.

Port Harcourt: 9 Aggrey Road, Diobu.

For the best customer experience, it’s recommended to first try the mobile chat or call options for quick support.


With fast approval processes, convenient mobile interfaces and competitive interest rates, P2vest provides Nigerians with a compelling alternative to physical banks and predatory offline lending. 

For many borrowers, it has become the preferred platform to access flexible working capital on demand.

Whether you need funds for personal use or to grow your small business, P2vest loans offer a digitalfirst way to borrow with minimal hassle. Download the app today to get started.


Is loan app legal in Nigeria?

Yes, loan apps can be legal in Nigeria, but it is essential to differentiate between legitimate and fraudulent apps. The Nigerian government has taken action against illegal loan apps, delisting 37 such apps from the Google Play Store and Apple App Store.

Who owns P2Vest?

Austine Abolusoro is the founder and CEO of P2Vest Technology Limited. 

What are the requirements to qualify for a P2vest loan?

To qualify for a P2vest loan, you must be a Nigerian resident aged 1865 with a valid BVN and verifiable income source. Your credit score and repayment history also impacts approval odds.

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