CREDICORP Launches C.L.I.C.K.D. for Device Financing

The Nigerian Consumer Credit Corporation, known as CREDICORP, has introduced the C.L.I.C.K.D. initiative to assist Nigerians in acquiring essential digital devices like laptops and smartphones through consumer credit. This program aims to alleviate the financial burden of upfront costs, allowing eligible individuals to repay over an agreed period.

While reports suggest applicants may receive up to N1 million, CREDICORP's official page does not confirm a universal limit or specific terms. The initiative is designed for economically active Nigerians, including students, freelancers, and entrepreneurs, who require digital tools for work and learning.

The first pilot phase is in collaboration with the Federal Government’s 3 Million Technical Talent programme under the Ministry of Communications, Innovation and Digital Economy, targeting 1,000 fellows who can obtain work-ready devices on credit. Applicants must choose a participating lender and meet credit requirements, as the program is not a grant or cash payment.