Monibac vs Flurzi Commit

Monibac is an app where you can access loans without any collateral, save and earn interest on your savings, and easily top up and withdraw to your account. Why Monibac? 1. You do not need collateral before you can access a loan 2. There are no charges on both deposits or loans. 3. You can get an additional 50% of your savings as a loan. 4. You can get from 20,000NGN to 500,000NGN as a loan 5. We will always send reminders for your repayment without much disturbance. How it works Install the Monibac App from App Store Register your account Start saving After 3 months, the customer is eligible to request a loan of up to 150% of their total savings. If they request for the loan, they submit their request on the app, we check to ensure their KYC documents are complete. If the loan is approved, they will get a request to E-sign. Once they sign, the approved amount is added to their Monibac Balance Apart from loans, they can also lock their savings for a specified period of time. For example; if they save for 3 months, they get 3% of their savings. 6 months, they get 5%. Our Loan Product Tenure- Our tenure ranges from 90 to 180 days. Interest rate for 90 days is 9% Interest rate for 180 days is 15% Loan amount will be capped at N5 million Our interest rate depends on the tenure the customer chose. An example of how this loan and repayment works…. If a customer has N200,000 as total savings, they can get a loan of N300,000. If they take the loan for a period of 3 months, then the 9% interest will be on the principal amount of N100,000 which is 9,000. Therefore, the total payable amount will be N109,000. Since the repayment is monthly, the N109,000 divided by 3 months = N36.333 Our APR is between 30.4% and 36.5% if we use 15% for the 6-month repayment and 9% for 3 months respectively. Eligibility 1. Above 18 years. 2. Lives in Nigeria 3. Have saved on our platform for over 3 months Contact Us Customer service Email> admin@monibac.com Customer service Hotline> 07060953139 Address > Block A211, Sura shopping complex, Lagos Island, Lagos state.

Take control of your financial discipline. Flurzi Commit helps users stay consistent with their money by turning intentions into structured, trackable commitments. Whether you are aiming to build better habits, stay organised, or follow through on personal financial goals, Flurzi Commit provides a clear system that supports accountability and consistency. How it works • Create a commitment plan with a fixed duration • Follow a structured payment schedule • Track progress in real time • Stay on course with clear timelines and visibility • Manage notifications, support requests, and account activity in one place Why Flurzi Commit Most people do not struggle with knowing what to do. They struggle with staying consistent. Flurzi Commit is designed to solve that by introducing structure, accountability, and clarity into your financial routine without relying on spreadsheets, guesswork, or overwhelming tools. Key Features • Structured commitment plans • Real-time progress tracking • Clear timelines and completion visibility • Multiple commitment management tools • Simple, focused dashboard • In-app notifications and account support Designed for consistency No complicated tools. No overwhelming dashboards. Just a clear system to help users stay on track. Important Notice Flurzi Commit is a commitment-based platform designed to support financial discipline. It does not provide financial advice, banking services, or credit-building services.