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Countries / Rwanda

Loan management software in Rwanda

For money lenders and microfinance companies in Rwanda: borrowers checked by National ID number, phone numbers in +250 form, money in Rwandan Franc (FRw) and reports you can hand to your regulator, on a phone or a computer.

Money
Rwandan Franc (FRw)
Phone numbers
+250, like 0788 123 456
Borrower ID
National ID number, like 1199080012345678
Region
On every borrower's address
Plans
From $39 a month, in US dollars

A FRw300,000 loan at 8% a month, flat, over 3 months: three instalments of FRw124,000, FRw72,000 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.