The Didi private taxi app will offer its customers credits of up to 30,000 pesos .
Through an app called Didi Préstamos , anyone over 18 years of age can request financing from 300 pesos to 30,000 pesos with payment terms of 15 to 91 days (three months).
The monthly interest rate is from 5% to 12% , depending on the applicant, and the app is available for Android and iOs . The DiDi Loans service is offered in compliance with the Law for Transparency and Regulation of Financial Services and is regulated by the Federal Consumer Protection Agency (Profeco), so it does not have authorization from the CNBV to be considered as fintech .
“After having granted more than half a million loans , of which 60% are users who apply for the second time , DiDi decided to launch DiDi Loans as an independent app and extend the service to all Mexicans,” the company said in a statement.
The company said that Mexico is the first country in which it starts this business scheme and they plan to take it to other regions.
How can I request a loan in Didi Loans?
1. Download the Didi Loans app in official stores
2. Enter your personal data: INE , a selfie and a bank account where the money will be deposited.
3. Once Didi verifies the person’s identity , the user will receive a confirmation and the money .