MFO "Kashalot Finance": reviews. Fast cash loans

Microfinance organizations were born in Russia in the early 1990s. In the last century, they enjoyed relatively little popularity. In the "free grazing" microfinance companies were until 2010, when the law was finally adopted at the federal level, allowing to regulate the relationship between organizations providing services in the field of microfinance and the population.

What is an MFI, and what does it eat?

MFIs are financial organizations that provide micro-loans to the public. We are talking about small money loans granted for a certain period, with the return of pre-designated interest for using them. The return period is from the minimum 5 days to a year. But the most popular period through which the population repays the debt is a month.

History of appearance

The year of the birth of microfinance in the world is 1976, when the bank "Grameen" was founded by Professor Muhammad Yunus. He specialized in issuing micro-loans to poor Bangladeshis.

Already much later, such services as microclouders and microinsurance were added to the existing ones. This financial assistance was designed for people with low earnings. To date, there are around 10,000 microfinance organizations around the world that service more than 20 million people in third world countries and in developing countries.

The difference between MFIs and banks

The main difference between an MFI and a bank is a high loyalty to its potential borrowers. For microfinance institutions, the client's credit history is not a problem, whereas for banks, this point is very important. The issuance of loans to MFIs is carried out by all groups of the population - students, pensioners, officially unemployed citizens and even those who have nothing to confirm their income.

Banks and MFIs are not competing companies. These are rather complementary structures - the proposals of banks and MFIs differ from each other. Banks offer long-term loans with optimally selected interest, and MFIs - small cash loans and for a short time.

Cost of interest for use

Given that issuing cash loans, any credit institution is exposed to risk, it tries to foresee this in advance. To minimize the loss of cash, MFIs put their risk in the interest on the loan.

The daily interest rate on microcredit averages 2%, and the annual interest rate, respectively, 730%. Negative-minded citizens, as a rule, in their discussions do this accent. But in the calculations it should be remembered that the period for which the loan is taken is, as a rule, about a month. The main purpose of the loan is to hold out until the next financial payments are received, so the interest for using it will not seem very high.

How to apply

To issue an application is extremely simple. It is enough to fill out the application in the MFI office. Issued microloans without checks. To get a loan, you do not need any guarantors, no provision of collateral, or collection of a certain package of documents.

The answer to the request for the issuance of money comes very quickly: only 15-20 minutes of waiting. Immediately after making a positive decision on the application for a loan, money is given to the hands.

How to get a microloan without leaving your home

The increasing demand for microloans on a daily basis leads to the emergence of dozens of new organizations in the financing markets. And in order to survive in the current conditions of fierce competition, companies have to resort to new tricks.

To attract more borrowers into their ranks, financial institutions endow the services provided with comfort and ease of use. For example, there are microfinance institutions that can apply for a loan around the clock. Now you do not need to wait for a certain hour of company opening - as soon as there is a need for money, you can immediately apply.

Also, organizations that carry out their activities fully online are also developing very much. To get a loan from such a company, it is enough to fill out an online application on the official website or partner site and wait for a response. After 15-20 minutes it will be ready. With a positive decision, the loan amount can be transferred to a card or account, withdraw the loan using electronic systems (for example, "Yandex.Money"), or using an instant payment system.

As predicted by financial analysts, the current situation of MFIs around the world has a sufficient impact on the economy, and over time it will only increase.

How to choose the right company

Among the many MFOs "Kashalot Finance", whose comments we offer in this article, has the most transparent and beneficial terms for the borrower.

The microfinance organization Kashalot Finance is an association of 35 credit institutions that are ready and ready to accept and process a loan application around the clock. The most prominent MFIs in this group are Mayak, Union Finance and Leader.

Available on the company "Kashalot Finance" reviews on loan conditions make it clear that it is different from the likes of:

1. The company is adapted to long-term cooperation with the client (more than a year).
2. MFO Kashalot Finance, when filling out an application for money on the official website, immediately sends out the borrower's request to all companies in the group.

All this is done with the written consent of the client. After a few hours, and maybe minutes, depending on the workload of the operators, a call will be received from the company, informing about the decision.

Where and to whom to apply

It's very easy to work on the site. On the main page there is a proposal to complete the application, in which you must specify the usual data: gender, age, name, and phone for feedback. While the application is being considered, you can read on the page "Kashalot Finance" reviews from people who have already used the services of this company.

MFIs, thanks to the use of innovative methods in their work, contributed to the lending of more than 25,000 people. And this is not the limit!

Get a loan from Kashalot Finance not difficult. Starting amount of 1000 rubles, and it finishes serious 100 000 rubles. Return money can be in a week or a maximum period - after 1.5 years. No complications, such as having guarantors or providing job references. Only a document of a citizen of the Russian Federation. Customers with a "killed" credit history have more than 90% of confidence that they will take out a loan in "Kashalot Finance". Interest for use is light: from 0.5% daily.

When filling out the application, the client gives a typical consent to the processing of his personal data, to verify the reliability of the data provided to him and to permit the application to the CRB, and to ascertain the possible outstanding credit debts.

Who will receive the loan and its return policy

It should be prepared that in certain cases, MFIs can be additionally requested the following documents:

• If available - a driver's license or a foreign passport;
• SNILS;
• A bank certificate of financial means of the borrower or in the form of 2-NDFL.

To issue a loan, a potential client should ideally be approached in two ways: be in the age range from 18 to 75 years and be a citizen of Russia.

For different categories of citizens who apply to MFIs, there are certain programs that make it possible to choose the most comfortable loan with flexible repayment terms. In cases of repeated treatment, borrowers can be assured of subsequent favorable conditions with pleasant interest.

The return of funds to Kashalot Finance may vary. This can be a weekly payment of equal payments, until the end of the specified period in the contract. Or, on the final date, the amount of money borrowed should be returned, with interest for using it.

The client is given the right to independently choose the method of return and the means by which he will do it. Money can be transferred through a card, an account, electronic wallets and other instant systems of enrollment.

After reading about the "Kashalot Finance" customer testimonials, you can come to the conclusion that the only drawback of the company - territorial incompatibility. In other words, only residents of certain regions of the country can borrow money from the company.

If in this article, there are no answers to all the questions, you can always call in "Kashalot Finance" (the phone is listed on the official website of the company) or order a call back operator who can fully satisfy your curiosity.

To use the services of MFIs or not is a private matter for everyone. But do not forget about the saying that you take someone else's and not for long, but then you have to part with your own and forever.