About App
#1 App For Digital Lending
Michu enables Coopbank to fulfill financial needs of MSMEs without any form of collateral, customers can boost efficiency and do more with less by reducing “The time to yes” from weeks to minutes.
100000
MSMEs Served
App Features
Features of Michu
Ease of Application Process
With standardized processes and accurate data, lending decisions can now be made more quickly and consistently. Borrowers can initiate loan applications from anywhere, at any time, without the need for physical movement
Short Loan Processing Period
Now you don't have to wait days. weeks or months to access loan. With Mich your loan applications will be processed within a few minutes and the funds can reach your bank account within a second.
Credit Score Based Decision
Loan decisions are based on the credit score. The loan amount, duration, and interest rate are determined by the credit score of the applicant. The higher the credit score of the customer, the higher the loan duration and amout
Collateral Free Loan
No collateral, no worries! Michu loan does not require any form of collateral. Unlike the conventional lending system, the credit worthiness of the MSME is solely decided.
Availability of Low Amount of Loans
The financial dynamics of Michu loans are fundamentally different from conventional loan products in that loan sizes are generally small and loan terms are short.
Fully Digital
Customers are managed remotely. The digital nature of lending addresses traditional credit products' geographic access barriers and increases financial inclusion.
Try The App
User Friendly interface And Very Easy To Use Financial App
Borrowers can initiate loan applications from anywhere, at any time, without the need for physical movement. By uploading the necessary documents online, the Michu platform can rapidly communicate loan decisions, further enhancing the ease and convenience of the process.
Simple
Fast
Intuative
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How It Works
3 Easy Steps
Install the App
Find Michu app from Google Play Store and install it on your Android device
Fill Required Form
Fill simple form and upload some documents to be reviewd
Get Loan Offer
Based on your credit score you will get a loan offer from Michu
Download
Download The Latest Version Of Our App
Get the latest android app and enjoy the best of Michu. Updates will contain performance imporvments and bug fixes