Pasa: Loan App In Nigeria app analytics for July 14

What advantages does PASA provide? -Loan interest is quite low compared to other apps -Easy verification and submission - Flexible disbursement and repayment of funds through all banks in Nigeria (Internet banking, mobile banking, and ATM) Need cash fast? PASA gives you quick and secure access to loans, right from your mobile. Say goodbye to lengthy approvals and hello to seamless financial solutions. Terms of applying on PASA 1. 18 to 60 years old 2. Have an active bank account and mobile number How do you get our service? 1. Download the PASA app on App Store 2. Fill in your personal information 3. Wait for the verification results from us 4. If approved, then immediately disbursement of funds to your account Loan Product Information: Loan amount: ₦2,000 - ₦300,000 2.Term:The shortest term is 90 days and the longest term is 365 days. 3.Interest rate:APR:36% 4.Handling fee:0% Loan example: 1.For example:If the loan amount is 2,000 NGN,the annual interest rate is 36%,the maturity is 90 days, and the repayment is in March in installments,the interest payable is as follows: 2.Repayment amount per period [borrowing principal x monthly interest rate x(1 + monthly interest rate)^number of repayment periods] / [(1 + monthly interest rate)^number of repayment periods - 1] Repayment amount per period=【2000x3%×(1+3%)^3】/【(1+3%)^3 - 1】=707.06 3.Total interest monthly repayment amount number of repayment periods-principal Total interest = 707.06*3-2000=121.18 Total debt is NGN2,000 principal + NGN121.18 interest = NGN2121.18 If you have any questions or complaints, please contact us at: E-mail: pasaservices2023@gmail.com Address: 37 OBAFEMI AWOLOWO WAY, IKEJA, LAGOS STATE