七麦数据

NanoCASH offers short term personal loans ranging from MUR 5,000 to MUR 20,000 in Mauritius, a tenure of 3 months to 6 months with a representative APR of 26.8% on loans.

Instant Overview:
The app gives you instant access to an accurate view of how much you can repay monthly, the processing fees and any other related costs. A full representative loan example is provided below.

Loan Example:
MUR10,000 loan repayable over 3 months.
• A processing fee of MUR 250
• 2 monthly payments of MUR 3,471 and 1 monthly payment of MUR 3,481.21
• Fixed rate of interest of 2.08% per month.
• Representative 26.8% APR.
• Total amount repaid MUR 10,673.21

Credit score:
Loans are based on how much you can afford to repay every month. However, we don't exclude people with limited or poor credit history. Instead we help you define a sustainable repayment plan.

Benefits:
• Simple and Easy loan application
• Quick Approval
• No Collateral required
• Automated Credit Scoring
• User Friendly

Security:
• Enhanced security with the One-Time-Password (OTP).
• MPin / Phone number authentication.
• Real time user face mapping with NIC document picture.

Data usage:
• This application uses your camera to scan your NIC and make a liveliness face match with your ID card during the registration process
• We collect your phone number and email address for authentication and password recovery process.
• We use your phone ID to map, identify and secure all your transactions.

Please see our privacy policy for further details of how we use our customers' data: https://nanocash.mu/privacy-policy/