How It Works
Key Features
- Group Money Collection: Users can pool funds collectively.
- Withdrawal Options: Choose between a lucky draw or sequential withdrawal based on group entry.
- No Interest: Eliminate the burden of interest payments.
- 2% Service Fees: A nominal service fee replaces traditional high-interest rates.
Target Audience
LoanCirkle caters to everyone in need of financial assistance, offering an inclusive solution for individuals seeking loans or planning for future expenses. Whether short-term or long-term financial goals, LoanCirkle is designed for everyone.
Unique Selling Points
LoanCirkle distinguishes itself with a remarkable 2% service fee, in stark contrast to the hefty 12% interest rates charged by personal bank loans. This significant reduction in costs ensures substantial savings for our users.
Benefits for Users
- Cost Savings: Users enjoy a substantial 75% reduction in loan-related costs.
- Financial Freedom: Freedom from interest payments, fostering a debt-free financial journey.
- Transparent Fees: A clear and minimal 2% service fee replaces hidden interest charges.
Security & Privacy Measures
LoanCirkle priorities the security and privacy of user data, adhering to GDPR regulations. All data is stored on Microsoft Cloud infrastructure, ensuring compliance with national laws.
Monetisation Strategy
Each participant pays a 2% service fee, and with each group consisting of 10 individuals, the total contribution over 10 months reaches 20%. This revenue model outpaces traditional banks, which typically charge 11-12% in 1 year.
Current Status & Future Plans
LoanCirkle has a Minimum Viable Product (MVP) ready, with a pilot user base of 20 individuals already utilising the platform. Future plans involve advertising the app and making it available to a broader audience, informed by valuable feedback from current users.
Success Metrics
Success will be measured by the number of people joining groups, with the initial goal of achieving at least 100 groups, equating to 1000 users by April 2024.
![](https://usercontent.one/wp/www.loancirkle.com/wp-content/uploads/2023/06/ai_generator09_icon_white_padding.png?media=1688250809)
Choose the cirlce
![](https://usercontent.one/wp/www.loancirkle.com/wp-content/uploads/2023/06/ai_generator10_icon_white_padding.png?media=1688250809)
Decide the amount
![](https://usercontent.one/wp/www.loancirkle.com/wp-content/uploads/2023/06/ai_generator01_icon_white_padding.png?media=1688250809)
Get the loan paid
![ai-generator-20](https://usercontent.one/wp/www.loancirkle.com/wp-content/uploads/2023/06/ai-generator-20.jpg?media=1688250809)
Redefining Micro Loans
Enter the AI-powered Text Generator, a groundbreaking tool that is revolutionizing the way we generate written content. Harnessing the power of advanced natural language processing models, this cutting-edge AI technology is capable of producing high-quality, coherent, and contextually relevant text with remarkable efficiency.
![ai-generator-15](https://usercontent.one/wp/www.loancirkle.com/wp-content/uploads/2023/06/ai-generator-15.png?media=1688250809)
Indulge in Artistic Delight
![ai-generator-19](https://usercontent.one/wp/www.loancirkle.com/wp-content/uploads/2023/06/ai-generator-19.jpg?media=1688250809)
Unlock A World of Endless Possibilities
![ai_generator01_icon_12](https://usercontent.one/wp/www.loancirkle.com/wp-content/uploads/2023/06/ai_generator01_icon_12.png?media=1688250809)
Auto Respond
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Donec sed finibus nisi, sed dictum eros.
![ai_generator04_icon_9](https://usercontent.one/wp/www.loancirkle.com/wp-content/uploads/2023/06/ai_generator04_icon_9.png?media=1688250809)
Instant Article
![ai_generator09_icon_4](https://usercontent.one/wp/www.loancirkle.com/wp-content/uploads/2023/06/ai_generator09_icon_4.png?media=1688250809)
Generate Story
![ai_generator02_icon_11](https://usercontent.one/wp/www.loancirkle.com/wp-content/uploads/2023/06/ai_generator02_icon_11.png?media=1688250809)
Define Your Needs
![ai_generator07_icon_6](https://usercontent.one/wp/www.loancirkle.com/wp-content/uploads/2023/06/ai_generator07_icon_6.png?media=1688250809)
Set Your Target
![ai_generator03_icon_10](https://usercontent.one/wp/www.loancirkle.com/wp-content/uploads/2023/06/ai_generator03_icon_10.png?media=1688250809)
Reply Email
![ai_generator12_icon_1](https://usercontent.one/wp/www.loancirkle.com/wp-content/uploads/2023/06/ai_generator12_icon_1.png?media=1688250809)
Company Mission
![ai_generator11_icon_2](https://usercontent.one/wp/www.loancirkle.com/wp-content/uploads/2023/06/ai_generator11_icon_2.png?media=1688250809)
Reliable Content
Unlock Limitless Creativity
Open the door to a world of endless possibilities. Our AI Generator empowers you to break through creative barriers and generate content that captivates your audience and brings your ideas to life.
![ai-generator-17](https://usercontent.one/wp/www.loancirkle.com/wp-content/uploads/2023/06/ai-generator-17.png?media=1688250809)
![ai-generator-50](https://usercontent.one/wp/www.loancirkle.com/wp-content/uploads/2023/06/ai-generator-50.jpg?media=1688250809)
![ai-generator-13](https://usercontent.one/wp/www.loancirkle.com/wp-content/uploads/2023/06/ai-generator-13.jpg?media=1688250809)
![ai-generator-18](https://usercontent.one/wp/www.loancirkle.com/wp-content/uploads/2023/06/ai-generator-18.png?media=1688250809)
Divi AI
It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout.