OwoFin offers flexible credit solutions designed for Cameroonians. Access funds as needed for managing expenses or seizing new opportunities—all with easy repayment options. Supporting your financial journey, OwoFin empowers you to achieve more.
Advantages:
1. Flexible Credit Line: Borrow only what you need, when you need it.
2. Easy Application – Simple, quick application process right from your phone.
3. Affordable Repayment Options – Choose repayment terms that fit your budget.
4. Transparent Fees – No hidden charges, only clear and upfront costs.
5. Build Credit Score – Positive repayment history can improve your credit score.
Requirements:
1. Must be at least 18 years old.
2. Must be a Cameroonian citizen or resident.
Features:
1. High amount: up to XAF 500,000
2. Flexible tenure: 3 months to 12 months
3. Processing fees: 3% - 6%, based on your profile.
4. Maximum Annual interest Rate(APR): 15%
Example:
If the borrowed amount is XAF 500,000 and the APR is 15% with a tenure of 6 months, the processing fees is 6%:
Processing fees = XAF 500,000 * 0.06 = XAF 30,000
Final Disbursal Amount = XAF 470,000
Monthly interest rate = 15% / 12 = 1.25%
Interest for 6 months = XAF 500,000 * 1.25% * 6 = XAF 37,500
Equated Monthly Installment = (XAF 500,000 + XAF 37,500)/6 = XAF 89,583
Security:
OwoFin ensures top security with advanced encryption to protect your data and transactions. Your personal information is used solely for verification, keeping it private and secure.
Contact Us:
Customer Service Email: help@owofin.cc
Address: Block B, Rue De La Poste, Bonanjo, Douala, Cameroon.