👉 Why choose Mikredito as a lender?
✅ We reward good performance with up to $2,500,000!
✅ Applies anywhere in Colombia!
✅ Use the money for whatever you want!
✅ You can apply 24/7!
✅ Registration and application takes only 5 minutes (with your cell phone)!
✅ 100% online process!
Amount, tenure, fees and charges
Loan amount: from COP $50,000 to COP $2,500,000 pesos;
Terms: 91 days – 180 days
Interest rate: 0.06% per day (maximum annual interest rate is 24%, equivalent monthly interest rate of 1.8% only);
Platform: It is a COP $300,000 service which can be used optionally by our clients, which will allow them to save money and time in necessary paperwork and on which they can receive promotional discounts in a range of COP $10,000 to COP $290,000 that correspond to discounts such as financial inclusion.
Value Added Tax (VAT): 19% VAT is applied on the commission according to the policy and laws of Colombia;
APR: up to 85.69%(TEA)
Example
For example, for a 91-day loan of COP $100,000 for 3 months (at an annual interest of 25.55%). The monthly payment will be COP $40,881 (EMI) and the total amount of the payments will be COP $122,643;
Interest: COP $100,000 * 24% / 365 * 91 = COP $59.83;
Platform: COP$300,000; Discounts: COP$286,000; Platform Fee COP $300,000 – COP $286,000 = COP $14,000
VAT: 19% * Platform = 19% * COP $14,000 = COP $2,660;
The total amount to be paid = loan amount + Interest + commission + VAT = COP $100,000 + COP $59.83 + COP $14,000 + COP $2,660 = COP $122,643;
EMI = COP$40,881;
APR = This would translate into a TEA (Annual Effective Rate) of 85.69%.
What is needed to request a loan?
Be between 18 and 65 years of age.
Have a valid citizenship card.
Have cell phone number and stable income.
Have a bank account, Banco Bancolombia, ñequi, Daviplata etc.
How can I be part of the Mikredito?
📌 Download the credit application and register with your mobile number.
📌 Answer a few questions and upload your ID number.
📌 Confirm the amount you want to borrow and choose a repayment schedule.
📌 Enter your bank account number and we will deposit the loan funds directly into your bank account.
📌 Remember the payment date, paying on time you will add more credit to your next loan.
You can also extend your payment term.
How to pay?
💰 Enter your request in Mikredito, click on the refund button
💰 You can pay online through Bank, PSE, Nequi Button
💰 You can also pay with the reference number of your nearest Bancolombia or Effecty.
Privacy
All data collected is to verify your identity and build your credit profile. We will never share any personal information with anyone other than you without your permission or sell your data to third parties. (Privacy Policy: https://webpage.mikredito.co/policy)
Contact:
🕖We are open from Monday to Friday from 8 AM to 5:30 PM and on Saturdays from 8 AM to 2 PM.
📧 Email: servicioalcliente@mikredito.co
Company address: Cl. 4b Sur #09-27 Barrios Unidos, Bogotá, Colombia
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