LoanMarket for Android download

Product snapshot

LoanMarket is a no-cost mobile lending app built by Esha Tailor to make borrowing easier for people living in Egypt. The app presents suggested loan terms and lets applicants submit requests quickly through a simple interface. Typical proposals include loans beginning at 9,000 EGP, repayment timelines between 120 and 360 days, and APRs in the 12%–24% range. No additional service fees are charged beyond the interest.

Key loan specifics

Annual percentage rates typically fall between 12% and 24%.
Repayment schedules are usually set from about 120 up to 360 days.
Recommended principal amounts start at 9,000 EGP.
Aside from the calculated interest, there are no extra fees applied.

Built-in cost calculator

One of the app’s main conveniences is its built-in loan-cost calculator. Enter the desired principal, pick a repayment duration, and choose an interest rate to see an itemized estimate of total cost and periodic payments. The tool also includes a clear explanation showing how each figure was derived so users can understand the math behind their quote.

Who is eligible

Applicants must be Egyptian citizens aged between 18 and 60. Candidates should either receive a regular income or run their own business to meet the basic eligibility requirements.

Recommended alternative

RapidPaisa — Instant Loan App (free) is listed as a top alternative for users who want a different option to compare rates and terms.

Technical

Title

LoanMarket

Requirements

Android

Language

No language has been specified.

Available languages

License

Free

Latest update

None

Author

Esha Tailor

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