Use code "cabal" as your middle name and get a low interest rate

Products
21

Teach me how to race to the bottom.

22

That’s just a convenient strawman argument.
I was reacting to this:

not this:

If you choose to react, don’t take it out of the intended context.

23

I guess you misunderstood me. What I’m saying is that there’s no need to use Gingerbread UI when you can easily use the support libraries to bring Material to Gingerbread.
Edit: After re-reading your comment, I guess I misunderstood you. Are you saying the app should have a Gingerbread UI so as not to alienate Gingerbread users?

24

It seems we misunderstood each other. :smile:

No, I’m saying it’s a good thing to support the Gingerbread platform.
I actually don’t support the UI (since they already used the Lollipop loading drawable in the second screenshot you posted), as I said here:[quote=“ukay, post:14, topic:7075”]
Although I won’t excuse the developers for using Gingerbread’s loading drawable. The support libraries provides for using later functionalities on earlier platforms.
[/quote]

25

Oh. Okay. :slight_smile:

26

@Shine_Innoson this is a strange way to respond to feedback. Sounds defensive and like you don’t care enough to hold yourself to high standards.

3 Likes
27

I remember Jobs telling Woz a certain transistor on the board wasn’t well-aligned and Woz was like ‘who cares?’. Jobs cared. The small details are important.

28

Thanks for the feedback. I lost my cool at that point.

I apologize to everyone.

1 Like
29

Thanks for the feedback sir…

30

Have you guys fixed the app yet?

31

@Shine_Innoson It’s good to see that you guys know your competition and are offering 3X their maximum limit. That’s a selling point.

Does your startup foresee challenges in reaching your target customers (those that want to borrow 30,000 naira with 1% daily interest rate)? My gut tells me that your main customers may have a hard time knowing how to use an app or even signing up on a website. Just my 2 kobo, I may be wrong.

There are HUGE opportunities in this sector, but I wish Quickcheck, your competitors, or another startup takes this to another level. Here are ways to set you guys apart:

  • I understand that with a lower limit, you guys are able to spread your risk. However, instead of offering a max limit of 30,000 Naira, why not take a leap of faith and offer higher limits. Let’s say 150,000 Naira with 5%-10% deposit. With a higher limit, you are venturing into another territory and your potential customer base will increase dramatically. It’s a risky territory, but I believe the rewards may outweigh the risks.

  • If you decide to increase your limit, then you can also choose a niche. Examples include: loans for new graduates/corpers, mini loans for startups, agriculture loans (huge demand), and so many others.

  • Offer some sort of rewards program. Let’s say I am a repeat customer, the interest rate should decrease slightly for my second/ third loan. Or you can offer rewards/discounts to group loans or referrals.

  • I know you have to keep the investors happy, but is there a way to offer a more competitive daily interest rate? Like 0.5% interest per day with a max duration of 2/3 months ?

Improvements you need to make to your website:

  • A potential customer will like to see a phone number, address, a CAC number and any other proof to show that QuickCheck is legitimate business allowed to operate.

  • The website needs to be more appealing. Please spend more time and effort fine tuning your website. The app is not a necessity and can always come later. You can check for website themes on Themeforest

  • The logo can be improved. There are several creative designers here on Radar that can help you. If you cant find one on Radar or in Nigeria, post a logo design contest on Freelancer

Good luck!

2 Likes
32

You’re welcome sir.

33

Well said. thank you for the feedback ma’am.

Can you please send me your contact details in private message?

Thank you so much

34

Yes we have. It should be working fine now. Please try and let me know.

I really appreciate this and God bless so much.

35

Can’t login

36

App not working, pls fix before promoting on forum

37

How come no one is seeing this! This is probably the worst design/development/architecture decision I have encountered on radar.

You mean, I should use “cabal” as my middle name?
How does that work sef, you validate against the middle name?

Chisos! If you can’t make a correct decision on something as simple as properly designing a database, I think you have no business giving out money to other people.

I’m not trying to be all up in your business but I need an explanation for this. You are supposed to collect financial data from your customers and you are saying they can use “cabal” as their middle name?

Are you not asking for their BVN? Are you not verifying your customers existence before giving out a loan? Please explain :scream:

1 Like
38

Btw, I did a little research about your company and I have questions I hope you will be willing to answer.

How do you guys finance your loans, are you bootstrapping, investor fund, or from investment managers/hedge funds that invest in other asset class like loans, or do you partner with a bank?

:slight_smile:

39

@Shine_Innoson, @Akinmail has raised some concerns you should respond to.

40

He clearly stated that using ‘CABAL’ as thy middle name gives you access to 0.8% per day.
I don’t see where @Shine_Innoson implied one will be automatically granted a loan by utilizing the said discount code.