Bridging the gap between banks
and payday lenders

Why we exist

In Papua New Guinea, borrowing a small amount before payday usually means one of two things: a finance institution that wants paperwork and months of salary deductions, or a street lender charging around 100% a fortnight.

We built something in between. Apply online with as little effort as sending a text message, see the cost before you commit, and repay when you can — with interest that stops the day you settle rather than running to a fixed schedule.

What we do

• We lend our own funds to verified borrowers — short-term, day-based, no salary deduction.
• We run the platform for private lenders, free of charge, so anyone already lending to colleagues and family can do it with signed agreements and automatic interest tracking.
• We keep the records: every application, agreement, payment and balance, available to both sides as a PDF.

How we assess people

Every borrower uploads a personal ID, a work ID, their latest payslip and a bank statement showing that pay. We set the borrowing limit at 60% of take-home pay, and the total repayable has to fit inside it. It is a deliberate ceiling — we would rather lend less than push someone into default.

Being straight about risk

Our rates are higher than a bank's because the loans are small, short and unsecured. Default is expensive: another 10% is added and interest moves to 4% per day, and we do pursue recovery under the terms borrowers sign. We publish all of this before anyone applies because a borrower who understands the cost is a borrower who repays.

Data and privacy

Payslips, IDs and bank statements are only ever visible to the member who uploaded them, our administrator, and a lender funding that member's loan. We participate in the Dinau Control Center (DCC) and may share default information — the DCC data policy sets out exactly when and how.