Quote from: Mia Chloe on July 06, 2025, 05:53:43 PM

Quote from: Shadiq on June 15, 2025, 02:08:44 PM

~snip

Based on the PM you sent me, here is my 5 cents.... Firstly it's a nice service but I think you should make it more flexible. If you are loaning out in USDT try to ensure you can loan out regardless of the network (you could exclude ethereum network because of the extremely high fees) but for the others you should accept loaning out. Also try to accept the liberty of being able to accept other stable currencies like BTC as a way to pay the loan back.

Lastly you should consider thinning out the rules of late repayment instead of $5 fee which is relatively large for an average Nigerian you could use % increment based on the borrowed amount. All these must be negotiated when the person is taking the loan. Floxynice is having the upper hand because it's fiat which everyone uses ... Sha don't get discouraged....

This is very true and e sure say you get good mind. Some of the previous rules no too gel for users and especially that 7 days repayment and penalty percentage. At least for you to come make this suggestion means say you understand wetin people want and Nigerians wey we be. Hopefully more people wey dey in need go dey patronise am now.

Quote from: Shadiq on July 08, 2025, 12:24:20 PM

Hello Naija people, hope everyone is well.
Some flexibility has been introduced in the rules to make this service easier. Hopefully, it will be a little easier to use this service now than before. Although no one has taken advantage of this service yet.

Changed rules-

Loan repayment period has been increased to 14 days instead of 7 days.
Late payment penalty has been reduced to $2 instead of $5.
Merit requirement has been abolished.
Signature campaign stay period (at least 4 weeks) has been set.
Naija Local Board activity in the last 30 days has been reduced to 20% instead of 25%.
Transaction addresses have been diversified.
Telegram facility has been added to keep transactions confidential.

These rules have been changed to reduce the rigidity in using the service and be flexible so that it is easier to use this service. If there is still any error or rigidity in the rules, then feel free to comment. Your comments will be taken seriously.

This improvement is a very good one and it is good that all this kind thing dey happen for our local board. No be everybody wey they give suggestions dey listen to am but you don show say you dey ready to help people. Especially that part wey talk say the repayment time don move from 7 to 14 days na the Koko because I dey feel say e no go too easy for people wey dey use the service to repay and na why e be like say they no too dey get interest again.

You don try wella with this loan service and at least e go help person wey get emergency to tidy am without difficulty.

Also that part wey you reduce the penalty from $5 to $2 show say you mean to help mates. My advice na just make no body abuse this kind privileged wey don come here for everybody. You fit no need am today, but a day fir come wey you fit need am and if e no dey again you no go like am. At least person wey collect loan here without collateral no go see wetin people dey see for outside before anybody go give them loan.

Quote from: Nightwalker(NW) on July 15, 2025, 10:03:50 PM

Wait do you really mean you are giving out loan without collateral or even interest while the borrower just borrow and go then return them back when the duration is reached is that what you mean?
If is so I must say that you are a very generous person I have even came across on this forum from my journey over here because lot of people wouldn't be that wanting to joke with their finances or even have to trust people around here to give out loan without collateral and interest while repayment.

Exactly, na better person he be. The small penalty sef wey he put na for who no go like comply for wetin they agree. E go help people for this kind economy wey we dey face now. E no easy to see people wey go gree give out money without collateral this period because of how people dey always fail.