Loans from application to fully repaid
Customers apply in the app, receive the money in their wallet and repay in instalments, with every step and the amount left to pay on one screen.
What it does
Apply, borrow and repay in instalments
Each loan product has its own term, rate and schedule. The money is paid into the wallet, repayments clear the oldest instalment first, and the customer always knows what is left.
How it works
Loans in three steps
- 1
Choose a loan product, enter the amount and apply.
- 2
Once approved, the money lands in the wallet straight away.
- 3
Repay on schedule from the wallet and follow progress until the loan is fully repaid.
In real life
Stock for the busy season, without a bank queue
A vendor applies in the app, the lender approves and the money lands in the wallet. Repayments, even early ones, come from the same wallet.
Built in
What Loans does under the hood
Flat or reducing balance
Set up loan products with flat or reducing-balance interest.
From application to payout
Application, appraisal, approval and disbursement straight to the wallet.
Schedules and early repayment
A repayment schedule for every loan, with partial and early repayment.
Portfolio tools
Portfolio at risk, write-offs and a monthly credit-bureau file.
Who it is for
Made for the people who use it every day
- Customers covering school fees, stock or an emergency.
- Small businesses that borrow for a few weeks or months.
- Members of microfinance institutions and SACCOs who want to borrow on their phone.
For banks and operators
Your brand, your rules, your revenue
- Your brandEach loan product carries your brand and your own product names.
- Your settingsYou set rates, fees, terms, limits and the rules for who qualifies.
- Your revenueInterest and fees are booked on your ledger, with portfolio-at-risk reporting built in.
Questions
Questions about Loans
How fast is the money paid out?
As soon as the loan is approved, the amount is credited to the customer's wallet.
Can customers repay early?
Yes. They can repay an instalment or the whole balance from the wallet at any time.
Which loan products can I offer?
Short-term loans and instalment loans with flat or reducing-balance interest, each with your own name, term and pricing.
Ready to launch your wallet?
Book a demo and we'll stand up your brand, country and rails — and walk you through the apps, admin and API.
Prefer to talk? Call +254 746 883809