Jaccul

Other Lender
Money Lender
Jaccul

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About Jaccul

Jakiri Cooperative Credit Union is a grassroots-driven financial institution dedicated to enhancing the economic well-being of its members. Founded on the principles of solidarity and mutual support, we provide safe, affordable, and member-focused financial services that empower communities across Jakiri and beyond.

Amount

CFA 0 - CFA 50,000

Tenor

6 - 36 months

Min. Approval Time

24 hrs

Countries

Requirements

The basic requirements to apply for a loan on Jaccul include:

  • •   Must be a member for at least 3 months
  • •   Must be at least 21 years as at the date of applying the loan
  • •   Must not be 70 years as at de date of application except loan is within savings or is backed by a suretee or bank standing order
  • •   Have regular movement in his or her savings account
  • •   Demonstrate his or her capacity to repay trough a budget surplus with verifiable source of income
  • •   Have a good savings and loan history with the credit Union
  • •   Must have a down payment of at least 30% for consumption loans and 20% for business and contract financing
  • •   Have filled a standard loan application form and pay a non refundable processing fee of 50%
  • •   No loan shall be granted to a member whose name is on the network blacklist or who is a member of another credit Union

How to Apply

To apply for a loan with Jaccul, visit the lender's website and click on "Get Started." If you meet the eligibility criteria and agree with the terms, complete and submit the online application form.


This lender claims it can approve applications on the same day they are submitted and disburse funds within 24 to 72 hrs.

FAQs

What channels can I use for free?

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A web app - This is created immediately after they onboard and their customers can apply for loans via the app for free. They also get to use the admin console for free to manage their lending operations, however certain features are tied to plans so they might need to upgrade to have a more streamlined lending operation.

Can I get a custom app for my own preferences?

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You can customize your web app to your preferences - the color, texts, how things appear to fix your business colors and brand. Mobile apps customized to your brand are on our paid plans and not readily available to users on the free tier.

I already have my own app, how can I still plug into Lendsqr’s infrastructure?

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Lendsqr has APIs that you can utilize in your own app. We have a product, Adjutor that houses all our APIs without needing you to use Lendsqr's white-label apps

How do I get a demo or walkthrough for Lendsqr?

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You can send an email to growth@lendsqr.com

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