Smart Lender

▪ An individual or entity that incorporates Tech in Lending like QuickPost platform.

▪ Registers to provide loans to customers.

▪ Manages loan limits, authorizes loans, and tracks customer & agent performance.

Smart Lending

▪ Digital lending using the QuickPost platform.

▪ Empowers individuals and businesses to access loans.

▪ Combines smart technology with personal touch for efficient lending.

▪ Follows regulations and requirements

Responsibilities of QuickPost Smart Lender

Pay Registration Fees 50,000 Ugx

To rent an outlet or location of choice

To deposit all the required capital float for his business operations

Pays branding fees 250,000 Ugx to 500,000 Ugx depending on size of the Outlet

Responsible for all his Agents and managers Welfare

Sets Monthly targets for his Agents and Managers

Pays Local council fees

Applies for capitalization from QuickPost but with a substantial business performance and other requirements.

Benefits

QuickPost offers a unique value proposition that sets us apart in the financial services industry

Fair & Transparent

We ensure that all stakeholders are treated equitably, and we are dedicated to providing a clear and honest experience. 10% deficiency is caused by Human Error

Efficiency

With our streamlined processes and state-of-the-art technology, we eliminate unnecessary red tape and delays, ensuring a swift and efficient experience for all users.

Accessibility

We provide a platform where borrowers, intermediaries, and lenders can easily connect and access financial services with unprecedented convenience.

Innovation

We embrace cutting-edge technology to drive innovation in lending. This innovation results in improved loan performance, reduced risks, and increased trust.

Diversified Opportunities

Our ecosystem opens up new opportunities for lenders, agents, and customers alike. We empower individuals to grow their capital and become Smart Lenders, while Agents play a pivotal role in providing financial access.


Loan Categories

Favorable opinions on benefits of digital wallets

Personal loans (25%)

Loans not above 100,000shs and have not more than 30 days repayment plan

Business loans (43%)

Loan to individuals or Businesses with flexible repayment plans and upto 90 days repayment plan

DAF loans (8%)

Domestic asset financing, the customer gets the item and pays in installments to the Vendor.

Agri-Micro Loans (11%)

We provide Agriculture loans with flexible repayment loans that are tailored to fit their season

School fees Loans (7%)

Schools with parents that find hardships in paying school fees make an arrangement with us to help parents make timely payment.

Utility Loans (6%)

These are loans below 50,000shs that are specifically given in bills clearance or payments(No withdraws)




Registration Process

Download the QuickPost App

Start by downloading the QuickPost mobile application on your device. Visit QuickPost officer locate the nearest Smart Lender Supervisor

Sign Up

Create an account by providing your basic information, including your name, phone number, NIN, Next of kin/guarantor, address, and registration filled form.(KYC)

DiCARe Assessment & Verification

The agent pays an assessment fee and waits for the assessment team. Then the QuickPost's Smart Lender Supervisor to verify your registration details and organise for training

Fees and Loan processing

Deposit Loan capital via Bank (withdrawable after loans are repaid). After the deposited amount reflects on your account as capital float, you can start adding and giving customers loans



The Provisions Account

Purpose

Safeguard the principal from defaults.

Ensure the principal remains intact.

Profit Reduction

When a loan defaults, interest is reduced to cover the principal
Reduction is calculated based on the default duration.
1-30 days: 5%
31-60 days: 10%
61-90 days: 30%
91-120 days: 55%

Recovery and Payout

When the defaulted loan is cleared, the saved interest from the Provision Account is paid back to profits/interests.

This strategy ensures that profits are not affected by defaults, preventing business collapse.

Why the provisions Account

The Provision Account serves as a financial safety net, safeguarding the business from potential losses due to loan defaults


Loan Application Process

01

Inform Your agent

Agent makes a search to confirm you have no standing loan with another agent and sets your Loan Limit

02

Deposit Fees

10% security fees for 1st times users
1% insurance fee
4% loan processing fees

03

Loan Processing

Follow the loan processing steps by entering amount, selecting loan type, period, etc. The loan amount will be deposited onto your QP account

04

Payment

Deposit money to your account through MM or Bills agent and follow loan repayment steps

QuickPost’s Role

▪ To ensure the system is Secure and running 24/7

▪ To settle the principal balance of Dead and permanent disabled customers

▪ To carry out credit assessments on all customers and keep their records safely in the database

▪ To provide finance literacy training to agents and sensitize customers

▪ To provide support in loan recovery

▪ To provide a money lending authorization to all customers

▪ To file company returns of the company including all Smart Lenders

▪ To provide support to the Smart Lender outlet manager to make sure they reach their set targets.

QuickPost Field Recovery Team

Assisting with Field Collections

Assisting with Field Collections

Efficient and professional field collections, helping recover outstanding amounts for a reasonable fee.

Dependable for Results

Dependable for Results

Count on our team to deliver results. We're committed to retrieving owed funds swiftly and effectively

Connected, Tested, and Trusted

Connected, Tested, and Trusted

Well-connected in the industry, has undergone rigorous testing, and is widely trusted for its reliability and expertise

Legal Team and Legal Support

Legal Team and Legal Support

Backed by a legal team and legal support to ensure all actions are compliant with the law and regulations

How a Smart Lender earns


Interest On loans (100%)

Loans not above 100,000shs and have not more than 30 days repayment plan

Withdrawals & Deposits commission (30%) & (1%)

For helping Customers withdraw cash, QuickPost gives commission on the charges

Bills charges commission (40%)

QuickPost gives a percentage on all bills paid through Quickpost bills to the Smart Lender

Processing Fees (3%)

The company Takes 50% of the processing fees to cover for the processing requirements

Connections to other Service Providers (80%)

FOr any agent that wants to joining agent banking, QuickPost is a partner and will always recommend you for free after 3 months of operation

Upto 50m Capitalization (60%)

After 4 months on the platform, Smart Lenders stand a chance to get capitalisation depending on their trends


Loan Application Process

01

Agent Registration and allocation of supervisor

02

Outlet Branding

03

System set-up and training

04

New Customer Registration & onboarding existing Customers

05

Credit Assessment to all customers

06

Loan Acquisition

07

Set-up Customer Application

08

Cash Withdraw

09

Cash Deposit

10

Loan Repayment

Security Information at QuickPost


Security Compliance

QuickPost holds licenses from NITA and PDPO for secure data management.

We are authorized to record, store, process, and handle customer and stakeholder information safely.

Consequences of Misuse

1. Loss of Rights
Misuse results in complete loss of access to all QuickPost platforms.

2. Fines
Fines imposed for data misuse or mishandling (moderate consequences).

3. Legal Action
Legal action and lawsuits may be pursued for extreme violations.

Severity Depends on Damage

The degree of consequences depends on the extent of damage caused by data misuse.

Customer Care & Support

270

Quick response number for agents

A dedicated quick response number to call

12

Trained professionals

Ready to assist and resolve issues

24/7

Round-the-clock customer support

Reach out for assistance at any time, ensuring their needs are addressed promptly

All

Support issue log

▪ We create a ticket for any issue
▪ Assign a team to the ticket
▪ Solution in 24 hours

Fast

Efficient Issue Resolution

Efficient issue resolution