Finsos

Our microfinance application provides safe, transparent, and responsible access to small loans. We support financial inclusion by making credit more accessible to underserved communities. All lending activities comply with Google Play policies and the regulations of the Financial Regulatory Commission of Mongolia.

Loan Terms & Conditions (Representative Terms):
• Minimum loan amount: 10,000 MNT
• Maximum loan amount: 250,000 MNT
• Loan term: Fixed at 90 days (3 months)
• Monthly interest rate: 3%
• Loan processing fee: 5% of the principal (one-time)
• Membership fee: 2% of the principal (one-time, for new members)
• Repayment method: Single repayment at the end of 90 days

Representative Example:
If you borrow 100,000 MNT for 90 days (3 months) at a monthly interest rate of 3% (9,000 MNT total interest), plus a one-time loan processing fee of 5% (5,000 MNT) and a one-time membership fee of 2% (2,000 MNT), the total repayment amount will be 116,000 MNT at the end of the 90-day term.

Maximum Annual Percentage Rate (APR): 64%

Key Features:
• Quick and easy user registration with secure identity verification (KYC)
• Credit score assessment using trusted third-party data sources
• Loan disbursement directly to the user's bank account
• Fixed repayment schedule with automated reminders
• Multiple repayment options (bank transfer, mobile payments)
• Transparent disclosure of all charges with no hidden fees
• In-app customer support and secure data protection