Many people are interested in an instant online loan, and the popularity of this method of obtaining money is constantly growing. There is nothing strange in this, because the number of microfinance organizations is increasing, and they offer a variety of loan products. There are several reasons why MFI services (and investments in MFIs ) are so popular:
Maximum availability. You can apply for a loan online without leaving your home. To do this, it of existing mobile number list have is enough to have a computer with Internet access. To receive money, you don’t even need to go to the office, because they are transferred to a card or electronic wallet.
The minimum number of documents. To receive a microloan, it is enough to have only a passport in hand. There is no need to provide other documents. Microfinance companies do not require income statements either, which is very convenient for people working unofficially.
Fast transfer of money. It won't take more than 15 minutes.
Loyal attitude to credit history. Even if a person had problems with paying loans in the past, he can be granted a microloan. Moreover, microfinance companies specifically offer to take a quick loan via the Internet on a card in order to improve credit history. If you receive money several times and then return it in time, then the reputation will quickly become much more positive.
Lots of ways to return. To repay a debt, you can use almost any existing payment system. In most MFIs, you can repay a loan directly in your personal account on the site, which eliminates the need to leave your home.