MenaCred: A Financial Inclusion App for All
MenaCred is a productivity application designed for Android users, focusing on financial inclusion by providing accessible loan options. It caters to everyday individuals, small businesses, and traders, offering a variety of loan products such as Mena Everyday, Mena Micro, and Mena Market loans. The app eliminates traditional barriers to loan access, requiring no credit history, paperwork, collateral, or guarantors. Users can access loans ranging from ₦5,000 to ₦150,000 with flexible repayment terms from 60 to 180 days and competitive interest rates between 5% and 18%.
In addition to loan access, MenaCred enhances user experience with features such as the ability to extend loans, add funds to a wallet, and transfer money to bank accounts without fees. Users receive a dedicated bank account number for seamless transactions and can pay bills conveniently through the app. With no hidden fees and a commitment to customer ease, MenaCred stands out as a reliable tool for financial management in the digital age.