JARA CASH 102

JARA CASH: A Professional Overview of Your Financial Partner in Nigeria

JARA CASH specializes in providing customized cash loan solutions tailored to the needs of Nigerian clients, aiming to streamline the borrowing process with clarity and efficiency.

Key Features of Our Loan Offerings

• Loan Range: Borrowers can access funds from ₦2,000 up to ₦1,200,000.
• Flexible Repayment Periods: Options range from 91 to 360 days, allowing borrowers to select a term that suits their financial situation.
• Transparent Fee Structure: Origination fees vary between 6% and 24%, with an Annual Percentage Rate (APR) spanning from 20% to 30%.
• Simplified Costing: All loan-related charges are incorporated into a single "Origination Fee," eliminating hidden interest rates or additional service charges.

Illustrative Example

• Loan Amount: ₦80,000 for a 90-day term at a 6% origination fee.
• Daily Rate Calculation: 6% divided by 90 days equals approximately 0.0667% per day.
• Monthly Rate Estimate: Approximately 2%, based on the daily rate multiplied by 30 days.
• Annualized Rate: Roughly 24.35%, derived from the daily rate over a year.

The total origination fee in this example would be ₦80,000 multiplied by 6%, equaling ₦4,800. Consequently, the total repayment amount due at the end of the term would be ₦84,800 (principal plus fee).

Eligibility Criteria

• Must be a resident of Nigeria.
• Aged at least 18 years or older.
• Possess a valid bank account.
• Provide proof of a consistent monthly income.

Streamlined Application Process

1. Register using your Nigerian mobile number on the JARA CASH platform.
2. Provide basic personal information for loan eligibility assessment.
3. Select your preferred loan amount.
4. Submit bank account details for fund transfer upon approval.
5. Ensure repayment before or on the agreed due date.

Data Privacy and Security Commitment

JARA CASH places a high priority on safeguarding your personal data. We are dedicated to maintaining confidentiality and will not share your information with third parties without your explicit consent. Additionally, you have the right to request deletion of your data at any time, provided that there are no outstanding loans linked to your account.