Qardd · inspired by Qard al-Hasan, the beautiful loan
Borrow with dignity. Repay with ease. Live interest-free.
Qardd helps families, friends and communities across Nigeria lend to each other, with zero interest, private and fair decisions, and records everyone can trust.
Mobile apps are coming soon. You can use Qardd on the web today.
- interest, always
- 0%interest, always
- late fees or penalties
- ₦0late fees or penalties
- of the fund visible to members
- 100%of the fund visible to members
- per member, kept private
- 1 voteper member, kept private
How it works
Lending the way communities always have, organised properly.
- 01
Start or join a community
Bring together family, friends, your mosque, cooperative or workplace association. Invite people with a link, a code or WhatsApp.
- 02
Build the fund together
Members contribute to a shared lending pool by card or bank transfer. Every naira is recorded, and everyone can see where it is.
- 03
Ask for help with dignity
Request a loan in five short steps. Members review it and vote privately. Nobody sees how others voted until they've voted themselves.
- 04
Repay what you borrowed
Not a kobo more. Clear due dates, gentle reminders, and a way to ask for a new plan if life gets hard.
Features
Everything your community fund needs
Built for trust from the ground up: the rules are clear, decisions are fair, and the money is always accounted for.
Communities you trust
Run lending circles for any group: family, friends, a masjid, a cooperative or an alumni association. Each one sets its own rules.
Fair, private voting
Votes stay hidden until you vote and are final once cast. Borrowers, guarantors and anyone with a conflict of interest are left out automatically.
Repayments that respect you
Equal instalments that add up to exactly what you borrowed. Pay early, pay in part, or ask for a hardship reschedule. No penalty, ever.
Savings and Ajo, built in
Personal goals, shared group pots and rotating Ajo / Esusu circles with a clear payout order and approvals for withdrawals.
Books that balance
Every contribution, loan and repayment goes through double-entry accounting, so the fund can always be checked.
Two people for every payout
One person approves a payout and a different person releases it, and only to a verified bank account. No one can move money alone.
Talk it through
Community chat, private messages and a conversation thread for each loan, with announcements for the things everyone needs to know.
A logo in seconds
Describe your community and Qardd's AI designs logo options for you. Not quite right? Upload your own.
Repayment calculator
See exactly what you'll repay
With Qardd, the answer is always the amount you borrowed. Move the sliders and see for yourself.
Your community sets its own limits and terms. This shows how a Qardd repayment plan is built: equal monthly payments that add up to exactly what you borrowed.
Monthly payment
₦33,333
Last payment ₦33,335
- Interest
- ₦0
- Late fees
- ₦0
- You repay in total
- ₦200,000
At an illustrative 30% a year, the same loan from a typical lender could cost you about ₦30,000 in interest alone.
Why Qardd
A better way to borrow from people who care about you
| Feature | Qardd | Loan apps | Informal lending |
|---|---|---|---|
| Interest | None, ever | Often very high | Sometimes |
| Late fees and penalties | No | Yes | Social pressure |
| Fair, private decisions | Yes | No | No |
| Clear written agreement | Yes | Yes | No |
| Everyone can see where the money is | Yes | No | No |
| Help when life gets hard | Reschedule, no penalty | No | Depends who you ask |
| Shaming or contact-list harassment | No | Too common | No |
Who it's for
Made for the groups that already look after each other
If people in your circle lend to each other already, Qardd makes it organised, fair and easy to trust.
Families
Help a cousin with school fees or a sibling with rent, with clear terms that keep relationships healthy.
Mosques & faith groups
Run a Qard al-Hasan fund for the congregation, with a committee and transparent books.
Cooperatives & associations
Replace the notebook and the WhatsApp spreadsheet with tiered approvals and automatic records.
Friends & colleagues
Pool money for each other and run an Ajo circle without anyone chasing payments.
Safety & security
Your money and your data, protected
- Payments go through licensed Nigerian payment providers. Qardd never asks for your card PIN.
- Identity checks (NIN or BVN) keep fake accounts out of your community.
- Every payout needs two different people, and only goes to a verified bank account.
- Records can't be quietly edited. Corrections are made openly and logged.
- Your personal information is protected under the Nigeria Data Protection Act. We never sell it.
Our promise
“Whatever you borrow is exactly what you repay. No interest, no late fees, no shame.”
Any platform charges are small, fixed and shown up front, and never grow with time.
Coming soon
Qardd in your pocket, on iPhone and Android
Vote on requests, pay instalments, track your savings and chat with your community, wherever you are. The apps are in final testing and will be on the App Store and Google Play soon.
Can't wait? Start on the web now. Your account works on the apps too.
Ready to bring your community together?
It's free to sign up and takes a couple of minutes. Start a community or join one with an invite code.