We are currently activating one loan product: a Personal Loan for 14 days at 40% interest.
How it works: Borrow for 14 days. At term end, repay Principal + 40% Interest. If unpaid, total becomes new principal for the next 14-day term.
Example: Borrow K200, repay K280 after 14 days. If unpaid, next term total = K392, and so on.
| Period | Date | Opening Balance (K) | Interest 40% (K) | Repayment Due (K) | Status |
|---|---|---|---|---|---|
| 1 | 23 Aug 2025 | 200.00 | 80.00 | 280.00 | Rolls to next |
| 2 | 6 Sep 2025 | 280.00 | 112.00 | 392.00 | Rolls to next |
| 3 | 20 Sep 2025 | 392.00 | 156.80 | 548.80 | Rolls to next |
| 4 | 4 Oct 2025 | 548.80 | 219.52 | 768.32 | Rolls to next |
| 5 | 18 Oct 2025 | 768.32 | 307.33 | 1075.65 | Rolls to next |
Special Trust Level – White Listed Clients: Consistently repay on time to be White Listed. You may then pay only interest while principal is retained until ready to repay in full.
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