Bidir Hub

IMPORTANT: BIDIR HUB IS NOT A LENDER AND DOES NOT PROVIDE, FUND OR APPROVE LOANS. Bidir Hub is a loan intermediary and product recommendation platform operated by DELIVERY & PORTFOLIO CONSULTING LTD. We are not a bank or microfinance institution. All loans are independently provided, approved, funded and administered by the relevant third-party financial institution. Bidir Hub does not make final lending decisions, sign loan agreements, disburse funds or collect repayments. HOW IT WORKS Register with your mobile number. Manually enter the requested information, including your name, email, age, gender, address, employment, financial and bank information, and emergency contact details. Bidir Hub evaluates the information to estimate your credit profile. The app presents a list of potentially suitable loan products. You may select a product and continue according to the lender’s process and terms. A recommendation is not loan approval and does not guarantee a loan. Each lender performs its own eligibility and credit checks and makes the final decision. LOAN PROVIDERS Products available through Bidir Hub may include products from: • Michu• Digaf MFI• Milkii• Efoyta• Abol Each institution is an independent lender responsible for its eligibility requirements, approval decisions, agreements, disbursements, interest, fees, repayments and loan-related support. LOAN TERMS • Loan amount: ETB 20,000–300,000• Minimum repayment period: 61 days• Maximum repayment period: 3 years• Minimum APR: 15%• Maximum APR: 36%• No loan requires full repayment within 60 days or less. Actual amounts, APR, repayment periods, interest, fees and total repayment depend on the lender, product and applicant’s eligibility. Users must review the lender’s complete terms before accepting a loan. LOAN EXAMPLES The following examples use simple interest and assume no additional lender fees. Any applicable charges must be disclosed by the lender and included in the APR and total repayment amount. Example 1: • Principal: ETB 20,000• Term: 61 days• APR: 15%• Interest: ETB 501.37• Total repayment: ETB 20,501.37 Calculation: 20,000 × 15% × 61 ÷ 365 = 501.37. Example 2: • Principal: ETB 100,000• Term: 365 days• APR: 24%• Interest: ETB 24,000• Total repayment: ETB 124,000 Calculation: 100,000 × 24% × 365 ÷ 365 = 24,000. Example 3: • Principal: ETB 300,000• Term: 3 years• APR: 36%• Interest: ETB 324,000• Total repayment: ETB 624,000 Calculation: 300,000 × 36% × 3 = 324,000. These examples are illustrative only and are not loan offers. Actual terms are determined by the lender. Bidir Hub does not guarantee approval, a specific loan amount, APR or repayment period. RESPONSIBLE BORROWING Borrow only what you can repay. Late or missed payments may result in fees, collection activity or an adverse effect on your credit profile, subject to the lender’s agreement and applicable law. PRIVACY Bidir Hub does not sell or rent personal information. Profile, bank, financial and emergency contact information is not disclosed to advertisers. We use Adjust for limited app analytics, attribution and performance measurement. See our Privacy Policy for details about data collection, use, security, retention and deletion. AGE REQUIREMENT Bidir Hub is available only to people aged 18 or older who are legally permitted to use financial services in Ethiopia. CONTACT DELIVERY & PORTFOLIO CONSULTING LTD1354 Bole Road, Aleta WendoSidama Region 7229, EthiopiaEmail: [email protected]