The deductible disbursement fee feature for Quick Loans has been introduced to allow the system to automatically calculate and deduct the disbursement fee, ensuring that loans are disbursed minus the fee amount. This fee functions as an upfront interest, ensuring seamless processing and accurate loan disbursements. Steps on how to set the quick loan disbursement…
This feature allows eligible members to apply for and receive loans instantly, providing fast and convenient access to funds. The admin can amend an existing loan policy to a quick loan or set up an entirely new loan with a chosen name. Popular names are Mobile loan, Instant loan, Chap chap among others. The convenience…
COUNTRY USSD CODES KENYA *789*103# UGANDA *185*7*3*3# TANZANIA *149 * 46 * 19# Each country has its own USSD as indicated above. To apply for a quick loan, a member is required to set a Pin. The OTP is sent to the member by the Admin as indicated below. Once the member has set and…