Michu
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Go to WebsiteAbout Michu
Michu is an AI-powered digital lending solution that offers individuals and enterprises access to credit through an innovative credit scoring system. Michu positions itself as a secure, fast, and fully digitized lending platform, with easy repayment methods designed to enhance the borrowing experience.
Amount
ETB 2,000 - ETB 100,000
Tenor
7 - 30 days
Min. Approval Time
24 hrs
Countries
Requirements
The basic requirements to apply for a loan on Michu include:
- • Coop bank Account
- • Renewed Kebele ID
- • Renewed Trade License and TIN
- • MoU and AOA & GM TIN (In case of PLC, Partnership & Cooperatives)
- • Should be engaged in trading activity
- • Should own a smart phone (Android)
How to Apply
To apply for a loan with Michu, 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.
Contact
Lendsqr is not a lender and cannot provide loans directly. Our platform functions as a bridge connecting you with licensed lenders who may offer personal loans depending on their products. We showcase a list of these lenders and the loan options they provide.
While you can initiate the application process on Lendsqr, it's important to understand this simply starts the process with your chosen lender, not with Lendsqr.
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