Financial policy

Loan amounts and terms

• Loans start from a minimum of $10.
• Maximum loan amount is your current credit limit (shown in your client area).
• Repayment term is 20 days from the date of approval.
• Only one active loan is allowed at a time.

Cost of borrowing

We apply a profit margin (percentage) to each loan. This margin is set by the lender and is shown to you before you accept the loan. The amount you repay is:

Repay amount = Principal + (Principal x margin %)

There are no additional hidden fees. You will always see the exact amount to repay in your client area.

Credit limit

• New customers start with a default credit limit (e.g. $10).
• Your limit increases by $5 for each loan you repay in full on or before the due date.
• Limit increases are applied automatically after successful repayment.

Repayment

• Repayment is due within 20 days of loan approval.
• You may repay via PayNow (card, EcoCash, OneMoney, or other methods offered by PayNow.co.zw) from your client area.
• Late or missed repayment may affect your ability to borrow again and your credit limit. We encourage on-time repayment.

Approval and rejection

We reserve the right to approve or reject loan applications at our discretion. Factors may include your repayment history, current active loan, and information you provide. You will be notified of the decision in your client area.