Michu is an Android application that provides you access to the digital finance platform of the Ethiopian Cooperative Bank. The utility is created on the basis of artificial intelligence and is aimed at the mass population.
Loans
You can submit loan applications online. Thanks to artificial intelligence, the system is able to automatically determine creditworthiness. This will help you quickly enter requests into the work process without unnecessary paper documents. The utility is available to individuals and businesses. Michu allows customers to meet their financial needs without collateral. There is an option to increase efficiency and do more with less.
In addition, it is possible to upload the necessary documents online and receive responses in a timely manner. The platform is able to process applications within a few minutes and the money arrives in the account even faster.
Remote control
All transactions are carried out through digital channels. Personal interaction between borrowers and lenders is limited when issuing loans. It is possible to track the processing and receive comments. Rate decisions are determined based on the applicant’s credit rating. Michu provides access to different amounts depending on your needs.
Features
- there is an option to submit online loan applications, just like in Pesoloan;
- it is possible to meet financial needs without collateral;
- the app uses artificial intelligence to assess creditworthiness;
- allows you to track the processing process online;
- compatible with current Android versions;
- free to download and use.
