Shara | Grow your business with Shara financing

Get up to

₦10M

in SME loans

No collateral needed
Competitive rates

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Quick and easy application process

Requirements:

Based in Nigeria
Sole trader, partnership, or limited company
Basic information about your business
Bank statement

Download the app to get started today!

Grow your business with Shara

Over ₦50BN Disbursed

Businesses use Shara loans to achieve their goals and thrive in a competitive market.

100k Loans Taken

Shara loans fuel growth across several business sectors.

7,000+ Shara Businesses

Over 7000 business owners trust Shara to grow their business.

What Shara customers say

Shara loans have transformed thousands of businesses across Nigeria

Korede

Processed Foods, Abeokuta

“I prefer Shara to other financial institutions because Shara is reliable and Shara helps me meet my working capital needs all year round. Shara funds make sure I don’t run around when emergencies arise. Always happy to recommend Shara to others who need their services”.

Ola

Consumer Electronics, Lagos

“Shara is perfect for my business because it ensures I always have the funds to meet my supply demands. Even when I am out of working capital, I can always take on more business because I know Shara is a standing purse I can draw from anytime I am in need. The process is very smooth and easy to understand”

Augustine

FMCG Drinks & Beverage, Warri

“I choose Shara over the big banks because of how easy it is to access cash. It is not time consuming and stressful like the banks. Also, Shara does not have unnecessary charges, from the start of the deal, I know how much I will be paying, no additional charges or new charges a few weeks later. It is a reliable source of funds to stock up products and meet the demands from my business partners”.

Abdullahi

Building Materials, Kano

“I always use Shara because Shara’s offer is better than other lenders. There are no hidden charges and when I make my calculations, the other banks that approach me are charging me more than Shara. Also, the Customer service helps me anytime I have issues and it is always fixed that same day. Shara funds have helped me do more business and grow in my market”.

Korede

Processed Foods, Abeokuta

“I prefer Shara to other financial institutions because Shara is reliable and Shara helps me meet my working capital needs all year round. Shara funds make sure I don’t run around when emergencies arise. Always happy to recommend Shara to others who need their services”.

Ola

Consumer Electronics, Lagos

“Shara is perfect for my business because it ensures I always have the funds to meet my supply demands. Even when I am out of working capital, I can always take on more business because I know Shara is a standing purse I can draw from anytime I am in need. The process is very smooth and easy to understand”

Augustine

FMCG Drinks & Beverage, Warri

“I choose Shara over the big banks because of how easy it is to access cash. It is not time consuming and stressful like the banks. Also, Shara does not have unnecessary charges, from the start of the deal, I know how much I will be paying, no additional charges or new charges a few weeks later. It is a reliable source of funds to stock up products and meet the demands from my business partners”.

Abdullahi

Building Materials, Kano

“I always use Shara because Shara’s offer is better than other lenders. There are no hidden charges and when I make my calculations, the other banks that approach me are charging me more than Shara. Also, the Customer service helps me anytime I have issues and it is always fixed that same day. Shara funds have helped me do more business and grow in my market”.

Shara in the news

Frequently asked questions

Can’t find the answers you are looking for? Contact Us

Shara offers business loans. Our loans are designed to support business growth.
Applying for a loan is simple. Download the app or share your contact details and we will contact you. You’ll need to provide some personal and financial information. Once submitted, our team will review your application and get back to you with a decision.
To qualify for a loan, your business must be based in Nigeria, meet our minimum business and income requirements, and have a good credit history. Specific criteria may vary depending on other factors.
No, Shara offers collateral-free loans. Our business loans are designed to be accessible without requiring collateral.
Approval times vary depending on the completeness of your application. Generally, processing and approving a loan takes between 48 hours to 2 weeks. Our team will keep you informed throughout the process.
Repaying your loans on/before the due date is very important to your ability to continuously enjoy loan facilities from Shara on a monthly basis. Missing loan repayments negatively affect your general creditworthiness with Shara and all other financial Institutions in Nigeria and possibly beyond.