A LOCALLY developed instant personal loan application – WildFin Smart Loan App, which offers a convenient and hassle-free way for civil servants to borrow money on the go, is set to be a game changer for the micro finance sector.
The innovative WildFin Smart Loan App is the first fintech of its kind to be introduced by a micro finance institution in the country. The App can be downloaded for free on Google App Store or on WildFin website.
In today’s fast-paced world, financial emergencies and urgent cash needs can arise at any moment. During such times, having quick access to funds becomes crucial.
The WildFin Smart Loan App, which can be supported by most smart phones, enables users to apply for personal loans, receive quick approvals, and disburse funds directly into their bank accounts.
Apart from that, the new fintech also allows customers to buy home furniture, electric gadgets, laptops and other valuables online through convenient terms.
The gadgets will be immediately delivered.
The new fintech comes as a huge relief to most civil servants struggling to get loans and spending productive hours in huge queues at the banks.
The new application was developed by WildFin Financial Services, a licensed micro finance institution.
“One of the primary advantages of having Wildfin Smart Loan App on your phone is the convenience it offers. Whether you’re at home, at work, or on the move, you can apply for a loan anytime, anywhere.
“Gone are the days of visiting banks or financial institutions in person, waiting in long queues, and dealing with extensive paperwork. With just a few taps on your phone, you can initiate the loan application process and get instant access to funds,” WildFin founder and chief executive officer David Mantiziba said in an interview yesterday.
“Our App is designed to streamline the loan approval process significantly. Unlike traditional lending institutions, which may take days or weeks to process loan applications, these apps provide lightning-fast approvals.
“Once your application is approved, the loan amount is disbursed directly into your bank account within minutes or a few hours, ensuring you get the funds when you need them the most,” he added.
Mantiziba said the new application offers flexibility in choosing the loan amount and tenure that suits different customer needs.
“Whether you require a small loan for a short-term emergency or a larger sum for a longer duration, these apps can cater to a wide range of borrowing requirements. You have the freedom to customize the loan amount and repayment tenure to fit your financial situation. We are located at First Mutual Building or Pearl House which is at corner Samora Machel Avenue and First Street in Harare,” he further said.
The paperless and digital nature of WildFin Smart Loan App is a significant advantage for customers as it requires minimal documentation, such as identity proof, address proof, and income details, which can be uploaded directly through the app. The elimination of physical paperwork expedites loan processing, making it a hassle-free experience for borrowers
