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Niwezeshe - Borrow & lend P2P 4+
Get instant loans from peers
HUDUMABOMBA COMPANY LTD
Designed for iPhone
-
- Free
iPhone Screenshots
Description
Decentralized peer-to-peer lending and borrowing platform. Lend and borrow instantly with no limits or submitting unnecessary documents.
This platform allows you to lend and borrow from peers from your contacts who also use the app. This is essential to ensure that you can only borrow and lend money to people you know.
For Borrowers
◼ Quickly identify who from your contacts can lend you money when you need it
◼ Send your loan request directly to the lender without any screening
◼ Never miss a repayment. Be notified whenever the status of your loan application changes or when the due date is near
◼ Repay your loan between 2 months and 1 year
◼ Manage all your loan applications in one place.
For Lenders
◼ Set different portfolios with different interest rates, maximum lending amount, and loan duration. Interest rates range from 0 - 25% and loan duration cannot be less than 60 days and not more than 1 year.
◼ Enjoy up to 35% in the U.S and up to 100% Maximum Annual Percentage Rate (APR) of your investment by helping peers in need
◼ In case you don't wish to let some people know you have some extra cash to lend, simply exclude them from viewing your portfolio (the same thing as in social media status)
For Organization (Lending Companies, Microfinance, SACCOS & VICOBA)
◼ This feature is currently available by invite only or upon request. Feel free to contact us via support within the app.
◼ Organizations can register their members who will then have access to their loan portfolio, The portfolio may also be available to everyone depending on the organization's policy
◼ Organizations can specify required documents for each loan portfolio, review attached documents, and reply to applicants' inquiries
Example Loan: If the loan principal is $10,000, an interest rate of 20% per annum (20% APR), 6 installments of $2,000 every 2 months. This sums to $12,000 with everything included.
Note: Even though the platform ensures that this p2p lending and borrowing network consists of people who you know(from your contacts) approve loan requests carefully.
What’s New
Version 0.1.1
1. Added translations for Swahili, Simplified Chinese and Hindi
2. Ability to share and guarantee friends on loan portfolio they don't have direct access
3. Get cash back if pays before due date
App Privacy
The developer, HUDUMABOMBA COMPANY LTD, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy.
Data Used to Track You
The following data may be used to track you across apps and websites owned by other companies:
- Identifiers
Data Linked to You
The following data may be collected and linked to your identity:
- Financial Info
- Location
- Contact Info
- Contacts
- User Content
Data Not Linked to You
The following data may be collected but it is not linked to your identity:
- Identifiers
- Usage Data
- Diagnostics
Privacy practices may vary based on, for example, the features you use or your age. Learn More
Information
- Seller
- HUDUMABOMBA COMPANY LTD
- Size
- 29.4 MB
- Category
- Finance
- Compatibility
-
- iPhone
- Requires iOS 11.0 or later.
- iPod touch
- Requires iOS 11.0 or later.
- Mac
- Requires macOS 11.0 or later and a Mac with Apple M1 chip or later.
- Apple Vision
- Requires visionOS 1.0 or later.
- Languages
-
English
- Age Rating
- 4+
- Copyright
- © 2022 Paschal Giki
- Price
- Free