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Countries / Benin

Loan management software in Benin

For money lenders and microfinance companies in Benin: borrowers checked by ID document number, phone numbers in +229 form, money in West African CFA Franc (CFA) and reports you can hand to your regulator, on a phone or a computer.

Money
West African CFA Franc (CFA)
Phone numbers
+229, like 01 90 01 12 34
Borrower ID
ID document number
Region
On every borrower's address
Plans
From $39 a month, in US dollars

A 100,000 CFA loan at 5% a month, flat, over 3 months: three instalments of 38,333 CFA (the last 38,333 CFA), 15,000 CFA interest. The rate is only an example: you set your own.

Reminders and receipts can go out by text through a provider in your country, which we connect for you. You pay for Spindle Loans in US dollars by bank transfer; your system opens the day the money arrives.