SPEED
Fastest process to access unlimited amount of cashFastest process to access unlimited amount of cash with No legit guarantees or complicated procedures.
COST
The service is free to use , No hidden feesThe platform is free to use just sign up and enjoy our services.
RELIABILITY
Request cash at any timeOnline platform that manage and track all your money transaction,reducing human error and time to complete the process.
EASE OF USE
simple steps to lend and borrowNo need to leave your place request, receive and track all at one platform.
unlimited fund access
No limitation on how much you can borrow , but it depends on your network and how they perceive you , build your network of trustees to faster the collection process and increase the amount .
No legit guarantee needed
family and friends Social guarantee network , no legit guarantee needed to borrow cash as we are using a new model based on “social guarantee” your trustworthy and credibility between your peers this will allow you to borrow unlimited money in the fastest way depending on your network and how they perceive you .
Flexible installment periods
Choose the period and payback amount the best fit your income or financial status .
Flexible interest rate
The first of its kind peer to peer social lending platform that offer both interest and interest free loans , choose interest amount that comfort you.
No more strict limitations on what you can do with your loan
You hear that a lot when using your credit card , applying for a loan from a bank or installment service provider. Installment plan is not available at all branches , Installment Plan is not available on all products or limited shops and products specified by the service provider .
Services Comparison
We believe in flexibility.Installment service provider
2.5%/mo
- Guarantee Needed :
Job letter ,Lease - Apartment Agreement, 1st Degree family member - Down payment 20%
- Max 12 month Installment Period
- Service Fees
2.5% per month
3aNota
Flexible and Tailored for YOU
0-3% /mo
- No Guarantee
Personal Trustworthy and Credibility in your network - Flexible Payback Period up to 36 month
- Service Fees
FREE , Zero Fees
Average bank service fees
1% /mo
- Guarantee Needed:
HR job letter, Credit History , lease - apartment contract, 1st degree family member , Bank Statment and more - No Down payment
- 12 to max 36 month Payback Period
- Service Fees
Average 1% per month
How to get a loan
5 Simple Steps-
Registration
-
Publish a Loan Request
-
Invite - Add your peers
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Start Reciving Cash
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Track and Manage all Transations
Frequently Asked Questions
What types of people does 3aNota serve?
We help provide finance for the unbanked , For a large population that has no credit history,
and hence can’t access conventional financing from banks and other institutions.
Trustworthy and credible individuals who love to help and support their peers to reach their goals by providing financing support.
Borrower: people who need fast access to large amount of cash to meet .
lenders: people who have excess cash money and want to help and support their peers ,
we help them save their money with their trusted peers and get rewarded the more they contribute .
What are the risks involved with lending on 3aNota ?
Contributors on 3aNota may face the risk that borrowers will default on their loans. This mean that Contributors may lose all or part of their money.
How can an lenders minimize the Default risk?
We recommend lenders to diversify their cash across different borrowers to minimize risk.
if one spreads out their funds across several diverse requests,
if one request goes bad , the loss is minimal .
Don’t places all of your funds in one person (borrower) request ,
you will face higher risk of losing a large portion of your money if a person default.
Lenders are strongly urged to lend only those whom they trust and find credible ,
only Contribute to those whom you trust and personalty know.
Risk : Lending carries high risk of default which is borne solely by the lender.
what happens in the case of default?
In cases where a borrower defaults, the risk is borne by the lender only.
Lender will have the ability to use signed contracts (wasl amana) to start and take legal action if deemed relevant.
loans are backed by
How are monthly payments transferred from borrowers to lenders and vice versa ?
Borrowers make monthly payments that must be given to lender , both borrower and lender will have to agree on best method to transfer money .
Does having a loan request on the platform necessarily mean that you will receive funding?
No, publishing a loan request on 3aNota enables you to notify all your network of your need but It does not guarantee that they will choose to lend you .