Have you ever been in love? Because if you have, you'll understand how I feel right now.
You know how you can't wait to tell your boo about something nice you just found out about? That's exactly how I can't wait to tell you about this!
Early June, my friend Emelda posted on her status that "she don port." As usual, I thought she was talking about starting her 10th relationship, but it wasn't so.
She was dumping the savings app she used to use for a new one named Jollof+.
Which kind of savings app is named Jollof+, right?
I wished her all the best with a box of tissues because I was sure she was going to cry blood.
A few days later, Emelda posted that she locked some money on the app for a year and they paid her 21.6% of the money upfront.
Abi is this a joke?
For context, the savings app we were using was just giving us 12%.
I was sold by this and decided to download the app and try them out.
But first...I had to subject the app to three tests, which you should subject every financial app to:
I chatted with their customer care on live chat because I needed to be sure that customer care is working. These guys replied in about 5 minutes!
I looked them up to ensure that they were insured by NDIC and licensed by CBN. I found out that Jollof+ is a product of Baobab Microfinance Bank - the 2nd largest microfinance bank in Nigeria, founded in 2010 - licensed by CBN and insured by NDIC.