kokoka – Terms and Conditions

Support Approval is Not Automatic:
Approval is based on verification of all documents and information.
Charges: Applicant shall pay for verification.
Repayment Obligations: Applicant must repay monthly/weekly/daily as agreed.

Interest Rate shall be on a 3% monthly interest rate for Rent Support on reducing balance.
Notice: Clients are required to provide a minimum of one (1) week notice prior to any loan approval or disbursement, subject to meeting all eligibility requirements and agreeing to the applicable terms and conditions.
Legal Enforcement: If payment is not made by the agreed timeline, BEST ADEOLUWA GLOBAL INVESTMENT LIMITED action will be taken. Loan defaulters will be reported to credit bureaus and loan tracking systems.

Guarantor Responsibility: The guarantor is jointly liable for full repayment in the case of a default.

If the borrower fails, the guarantor will be contacted and may be sued.
Right to Recover:
The company reserves the right to visit applicant’s or guarantors known address(es) for recovery.
No False Information: Any fake documents or misrepresentation will lead to immediate disqualification and blacklist. The company reserves the right to verify all data submitted.

Privacy & Use of Data: All data will be securely stored and used strictly for verification, collection, and communication purposes. the Data received will be used for recovery incase of default.
Loan duration: Loan Duration shall be maximum of 12 months
One Loan at a Time Rule:
Only one loan per person is allowed at a time. Applicant must complete repayment before a new application
Kokoka will pay my child’s full tuition directly to the school at the beginning of the term.
I am responsible for repaying Kokoka in full using the selected repayment schedule.
If I fail to repay before the term ends, a 10% penalty fee will be added to the outstanding balance.
I confirm the information provided is accurate and truthful.