Manguear

Manguear is the app that simplifies personal finance by connecting real people to request and grant loans in a simple, transparent, and reliable way. It combines peer-to-peer lending, a virtual wallet, and the ability to earn interest on your money in a single platform.

Manguear is a fintech company that allows people to lend money to each other directly and securely, offering an alternative to traditional financial institutions. Users can request financing or earn interest by lending their money to other members of the community.

Main Benefits

Simple and accessible finance, without complex processes or unnecessary paperwork.

Transparency and trust in every transaction.

Financial inclusion for those seeking alternatives to the traditional banking system.

Flexibility to request or lend money and operate with a virtual wallet with a CVU (Virtual Uniform Account).

Clear transactions, with complete information before confirming each transaction.

How it Works

Download the app and verify your identity.

Access your virtual wallet with a CVU to receive and send money.

Request a loan or earn interest by lending your money.

Make transfers and payments easily from the app.

Security and support

All users undergo identity verification and credit evaluation processes. Loan transactions may include associated insurance depending on the case, prioritizing user protection.

Loan information

Manguear is a peer-to-peer lending platform that integrates a digital wallet for payment management. It operates in accordance with the current regulations of the Central Bank of the Argentine Republic (BCRA) for Payment Service Providers (PSPCP).

General conditions

Minimum amount: ARS $50,000

Maximum amount: ARS $350,000

Minimum term: 2 months

Maximum term: 2 months

Amortization system: French (fixed monthly installments)

Interest rates

The interest rate is variable and depends on the applicant's credit profile. It is determined based on the BADLAR rate in pesos published by the Central Bank of Argentina (BCRA) and the Manguear risk model.

Maximum Annual Percentage Rate (APR): up to 200% per year.

The APR includes:

Loan interest

Platform service fees (spread)

VAT on service fees

Life insurance associated with the loan, where applicable

Representative example

Loan of ARS $300,000
Term: 2 months
APR: 180% annual

Estimated monthly payment: ARS $188,200

Total amount to repay: ARS $376,400

Estimated breakdown per payment:

Amount paid to the lender: ARS $155,350

Service fees (spread): ARS $26,750

VAT on fees (21%): ARS $5,620

This example is for illustrative purposes only. Final terms are provided before loan confirmation.

Additional information

Manguear does not offer automatic or instant loans. All applications are subject to credit evaluation. Lenders assume the credit risk inherent in a peer-to-peer scheme.