Social Lender APK
Version 1.2.9 - com.sociallender.appsociallender,finance,social,lender
APP Information
Download Version | 1.2.9 (10209) |
Apk Size | 34.77 MB |
App Developer | Bincom ICT |
Malware Check | TRUSTED |
Install on Android | 4.4.x and up |
App Package | com.sociallender.app.apk |
MD5 | b453a5e9dfb7d85663005969d40eb87b |
Rate | 5 |
Website | https://sociallenderng.com |
Table of Contents
Download Social Lender 1.2.9 APK
App Description
Social Lender is sociallender,finance,social,lender, content rating is Everyone (PEGI-3). This app is rated 5 by 1 users who are using this app. To know more about the company/developer, visit Bincom ICT website who developed it. com.sociallender.app.apk apps can be downloaded and installed on Android 4.4.x and higher Android devices. The Latest Version of 1.2.9 Available for download. Download the app using your favorite browser and click Install to install the application. Please note that we provide both basic and pure APK files and faster download speeds than APK Mirror. This app APK has been downloaded 19+ times on store. You can also download com.sociallender.app APK and run it with the popular Android Emulators.
Social Lender is a lending solution based on social reputation on mobile, online and social media platforms. Social Lender is a lending solution based on social reputation on mobile, online and social media platforms. Over 50% of Adult Africans lack access to formal credit. Social Lender helps financial institutions offer microcredit based on social reputation. The solution is designed to bridge the gap of immediate fund access for people with limited access to formal credit. Social Lender uses its own proprietary algorithm to perform a social audit of the users’ online, on mobile, on social media and other related platforms and gives a Social Reputation Score to each user. Loans are guaranteed by the user’s social profile and network allowing users to then borrow from banks and other financial institutions based on their social reputation. Social Lender delivers cash guaranteed by social reputation in most cases within 10 minutes. In three steps, users are able to get quick cash from Social Lender. First, users access Social Lender’s platform using any of the following channels; Web, SMS, USSD, Mobile App (Partner App Add-On or Dedicated Apps), Partner Bank ATMs, APIs or Pay with Social Lender (E-commerce Checkout). Immediately a social audit is conducted on the user (with user's permission) and the user obtains a social reputation score based on their digital fingerprint. Second, the user applies for cash using any of the available channels. Third, funds are approved based on partner specific business rules and funds is disbursed to the users' verified Account (Bank Account or Mobile Money Account) usually within 10 minutes. Social Lender is licensed to financial institutions in the countries of operation. The minimum period of repayment is the day the loan is issued while the maximum period of repayment is dependent on the specific Social Lender partner (maximum of 4 years). The Interest rate and Transaction Charges are also Partner Financial Institution dependent. Ranging from Interest-Free Loans to Loans with 5% Interest Rate per month to a maximum Annual Percentage Rate (APR) of 300%, Social Lender Loans are available to Users based on each individual partner financial institution's business rules. The loans are granted based on the Users' Social Reputation Score. For example, for a Loan with transaction charge rate of 15% of the loan borrowed. Example calculation: if a user borrows 3,000 Naira, the user is expected to pay back ((3000) + (0.15 * 3000)) which amounts to 3,450 Naira.
App ChangeLog
- Social Lender is a lending solution based on social reputation on mobile, online and social media platforms.
- The solution is designed to bridge the gap of immediate fund access for people with limited access to formal credit. Social Lender uses its own proprietary algorithm to perform a social audit of the user on social media, online and other related platforms and gives a Social Reputation Score to each user.
Margaret Akpan
Useless apps every other details in successful registered, but to add bank name and currency na problem. I just wasted my data for nothing
John Amos
This is the worst app so far, after filling all their required form and apply for loan, i was told that my number has not been registered on their social lender.and that i should therefore contact one of their costumer line by sending them message to verify my line. of which i did and was charged for the service .then,i was i told that the registeration was succeful and that i should go back and reapply.which i did and it was still saying the same thing over and over again rubish app indeed..
Robin Howard
Don't waste your time trying to get a loan from them cause their advert says you get funds after 5 mins of approval but I've been approved for about a week now and I haven't gotten the money till this moment. It's not meant for emergency in anyway. I even added my card and was charged #100 but it still tells me to add a card. Very boring app.
Steve Adams
On trying to connect my facebook profile this is what i got "website Moved This site has been moved to a new server. Follow these instructions to clear your DNS cache and possibly restore this site." Same with Twitter etc. What rubbish
MICHAEL FASHANU
Loan Repayment form button should be activated in order to make direct payment effective, otherwise the app is good.
Phertymerh Ummy
unable to sign in pls help. i'm still having issue with the registration it just keep on circling 4 morethan 30 minutes and still i will not open the registration page.
sylvester nweke
To get a loan from this app isnt easy. It took 2 weeks for my phone number to be approved. Now my small loan has been approved to disburse the loan is an issue. That loan is needed for an emergency
Wisdom Ikechukwu
The app is good and easy to navigate . it will be okay if the maximum loan amount is increased to meet meduim scale business needs.
Lapnaape Nabe
The app is userfriendly but the strict condition of getting guarantors or referees before disbursement is affecting the level of patronage
Rasheed Aboderin
Worst app. Unserious organization.If you guys can't offer loans,just come out to say rather than denying loan application based on fictitious allegations of " multiple accounts" even when I have never applied for a loan from you. That's after my application has been pending for weeks. Useless people