Grocery Financing That Rewards Your Savings
Every RentSpace user saves monthly toward their rent goal. We use this saving behaviour to calculate a Savings Velocity Score—how fast and consistently you meet your rent-saving target. The faster and more consistently you save, the higher your tier and the larger your grocery-financing limit (₦20,000–₦100,000).
Save regularly → earn trust → unlock grocery benefits → stay active on the app.
Two Ways to Shop
Create a monthly grocery budget in the app. Then choose to save first or finance and repay.
Save-Then-Shop
Commit to a grocery goal monthly, like rent savings. Funds are deducted from your wallet at a preset frequency. Once your full grocery budget is saved, you get a checkout prompt—then we deliver or schedule pickup.
Finance-and-Repay
Short-term grocery financing (e.g. 2–4 weeks) if you're eligible: minimum 3 months active on RentSpace, no default on Rent Support, verified income. Instalments are auto-deducted weekly or biweekly. On-time payment = 0% charge; missed payment may incur a service charge (e.g. 3–5%).
Tiering Structure
Market Mingle offers short-term grocery financing between ₦20,000 and ₦100,000. The exact amount depends on how well you save toward your rent goal within the first 3 months. The system reviews your tier every 3 months.
Not eligible
< 20% of rent goal saved
₦0 max
Very low or no activity.
Modest progress
20–40% saved
₦20,000 max
Your savings velocity is building.
Consistent saver
40–70% saved
₦40,000 max
Steady progress unlocks more.
Strong saver
70–95% saved
₦60,000 max
Close to your rent goal.
On target or slightly ahead
95–110% saved
₦80,000 max
On track or ahead of plan.
Excellent / top performer
110%+ saved
₦100,000 max
Top tier grocery financing.
< 20% saved = not eligible. Improve your savings to move up tiers. At checkout you'll see options like "Pay now" or "Buy on RentSpace Plan (₦XX,XXX available)".
Your savings habits determine your limit
Discounts, bundles, and cashback are available to users with timely savings and repayment records. The app shows a tier badge (e.g. Tier 3 — Strong Saver) and your available grocery financing under your wallet balance. Save consistently to unlock higher benefits.