Countries / Somalia

Loan management software in Somalia

For money lenders and microfinance companies in Somalia: borrowers checked by ID document number, phone numbers in +252 form, money in US Dollar ($) and reports you can hand to your regulator, on a phone or a computer.

Money

US Dollar ($)

Phone numbers

+252, like 61 234 5678

Borrower ID

ID document number

Region

On every borrower's address

Plans

From $39 a month, in US dollars

A $200.00 loan at 5% a month, flat, over 3 months: three instalments of $76.66 (the last $76.68), $30.00 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.