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EASYLOAN

Superfast online eLoan


application of Bangladesh.

EASYLOAN IS OFFERING A PROFESSIONAL, FLEXIBLE AND FRIENDLY PERSONAL LOAN SERVICE,


WITH SIGNIFICANT EXPERIENCE IN PROVIDING PAYDAY LOANS TO PEOPLE TO HELP COVER THEIR
SHORT-TERM FINANCIAL NEEDS
SOLVING THE PROBLEMS ACCORDING TO TARGET GROUPS

• What is the opportunity gap in your business proposal?


 By offering a fast Payday Loan service with electronic ID checking systems and applications can be approved within hours by
authenticating personal information, the opportunity gap here is providing loans to low-income students or to fulfil short-term
financial needs of people who are in need which that can be paid later with an amount of interest in return depending on the
loan amount.

 For instant loan, people who are in need and are willing to pay in a specific amount of time mentioned in the application mainly
students, short term business starters, emergency medical expenses, short-term or monthly emergency payments etc.
POSSIBILITIES AND POSSIBLE OUTCOMES

• What are the circumstances in your favour in setting up the business?


 Possible investments are online as I am the only owner as I have saved for starting a business, and I will provide the service on
my own with proper legal safety of my money and ensuring proper delivery of money on time.

 Can provide fast service for people having internet on their smartphones most of the time.

 Getting loans in emergency can be very much helpful for a mass people who are in need.

 As there are not any well-known services who give a minimum amount of loan in such a short time and for this reason this
business plan can get very much popular and beneficial in such a short time.

 If loans are taken and refunded successfully with the interests, soon it will be very much beneficial to earn money by the service
of lending money.
WINDOW OF OPPORTUNITY FOR THE START-UP.

 Will gain popularity as loan services can be very much essential for certain people like students or business starters.

 Earning through the interests by giving loan can be very much beneficial as the application starts to get popular.

 It will be very much helpful for people in need of loan in their emergencies.

 Sponsors.
PROTOTYPE OF EASYLOAN

• It will be a free application interface of EasyLoan service that


can be found in Google Play Store for free to download.

• This app will have a minimalistic interface which is very much


convenient and user friendly as shown in the picture.

• It will contain all the basic information as people can easily go


through all the necessary fill-ups that needs to be done to
provide personal information to ensure proper safety and legal
authenticity after entering the app through smart phones.
PERSONAL INFORMATION AND THE
POLICIES OF THE PROTOTYPE

• After filling up the necessary information in the first page it will


require a picture of the person taking loan.

• Emergency Contact, Loan Info and history will be accessible every


time to know about how much money one has taken on loan and how
much they must pay to fill their left amount on time.

• And the main legal policies that must be read and apply in all
circumstances to attain a loan and refund it on time provided.
PAYMENT PROCEDURES

• In Bangladesh BKash, Nagad, Rocket are very much popular online banking sites to transfer money and all the payments and
transfers of EasyLoan application will be done in these 3 banking sites and from offline banks which will be ensured later after
getting situated online properly.

• And to refund a number will be provided in the app to refund the money with the interests calculated together in the app in the
certain period mentioned while lending money and a bank account number also after ensuring proper transfers through the app.

• This feature will be found in the loan history section of the app.
VALUE EASYLOAN OFFERS

• EasyLoan offers multiple cash loan solutions to solve people's payday loans, instalment loans, line of credit loans and title loans
all including and mainly to help in emergency needs to people who are helpless at the moment to arrange money instantly
which can be anyone in any circumstances. From here one chooses the type of loan that is right for them depending on the
amount they wish to borrow from the minimum and maximum, as well as the amount of time you need to repay it with an
acceptable rate of interest that needs to be paid for getting the service.

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