This is the amount set by the lender a multiple of the original loan amount, to cover potential charges associated with defaulting or late payment by the borrower. 

For instance, if a borrower borrows ₦5,000 and the lender sets the loan amount multiple to 2, the resulting loan mandate would be ₦10,000, which is twice the initial loan amount of ₦5,000. This additional amount safeguards against any potential costs incurred due to borrower non-compliance.