Scoppe 3.2.6

The application facilitates convenient access to loans while on the move.

Features:

• Simple and refined design
• Instant knowledge of loan application status
• Direct transfer of loans to your mobile money account at any time of day
• Access to a credit history dashboard
• Credit benefits analysis

How it works:

• Login using your Facebook or Google account credentials
• You will need to scan your National ID or passport and enter your phone number
• Your loan application is processed upon accepting the Terms and Conditions

LOAN RATES AND FEES

• Minimum repayment period: 60 days
• Maximum repayment period: 100 days
• Maximum Annual Percentage Rate: 196.56%
• Onboarding fee: None
• Late fee: 5% of the principal amount borrowed as a one-time fee

Example: A 60-day loan of KES 500 incurs an interest of KES 150. The system generates a flexible repayment schedule for the borrower. The total amount due by the end of the loan term is KES 650. In case of late repayment, a one-time penalty fee of KES 25 applies, making the total repayment for an overdue loan KES 675.

PRIVACY AND PERMISSIONS When you download Scoppe, we request acceptance of our terms and conditions and permissions to access your contacts, SMS messages, and other data. This access is necessary to verify your identity, establish a credit score, and streamline the processing of your mobile loan application. Your privacy is a top priority at Scoppe, and we do not share your personal information with any party other than yourself unless explicitly directed to do so by you. We do not sell your data to third parties.

Country of Operation: Kenya Mobile Money Account: M-PESA

CONTACT US The terms of use and privacy policy for this Android app are available within the application. For further inquiries, kindly reach out to us at [email protected] or call us at 0707 000 222. Connect with us on Facebook and Twitter via https://twitter.com/scoppe_ke.