New and little-known MFIs on the Ukrainian lending market
Moneyveo
The largest MFI providing credit card or cash loans. According to Ukrainian E-Commerce Expert, the company took first place in the non-bank lending market. The minimum loan amount is 100. The maximum amount of the loan subject to the first application is 10,000 (henceforth 17,000). The crediting period is from 1 to 30 days. The interest rate is 0.01% for new customers.
Advantages of the company:
- promotion "Bring a friend and get 450";
- "electronic coins" that can be exchanged for discounts;
- loan at 0.01% for new customers.
Quick Loan
A large company in the field of microcredit, founded in 2012. It was the first in [cantr] to launch the credit product "instant money". The minimum loan amount is 500. The maximum loan amount is 15,000. The crediting period is from 7 to 30 days. Interest rate – positioned as an interest-free loan for new customers, 2% subject to repeated application.
Advantages of the company:
- the application is considered within 10 minutes;
- express registration;
- constant promotions and discounts.
Top Сredit
The first microcredit branches of the company were opened in 2015, and an online service was launched at the same time. In 2017, the MFI completely refocused on providing services on the Internet. The maximum loan amount is 15,000. The crediting period is from 7 to 21 days. The interest rate is 1.9% per day.
Advantages of the company:
- loan extension if necessary.
AlexCredit
The company was founded in 2017 and belongs to the new MFIs that provide loans online. The minimum loan amount is 100. The maximum amount of the loan subject to the first application is 3,000 (then 12,000). The crediting period is from 5 to 30 days. The interest rate is 0.1% of the amount for new customers.
Advantages of the company:
- the application is considered within 10 minutes;
- 100 for each friend who takes out a loan in the service;
- a loyalty program based on a system of individual discounts.
Euro Money
The microfinance organization will be introduced to the credit market in 2016. More than 100,000 clients have used its services during the entire period of operation of the MFI. The minimum loan amount is 1,000. The maximum amount of the loan, subject to the first application, is 4,000 (henceforth, 10,000). The crediting period is from 1 to 30 days. The interest rate is 1.9% per day.
Advantages of the company:
- the application is considered within 15 minutes;
- loan extension if necessary.
Most of the listed companies are partners of the [domen] online service. To apply for a loan with them, it is enough to fill out a short form on the website and wait for a response from the service.
Despite the simplified application procedure and quick receipt of funds from the MFI, any loan should be paid on time. Arrears negatively affect your financial reputation and the possibility of obtaining new loans both in microfinance organizations and in banks.
