eezLoan: Micro Finance Solution to Lower Defaults with Loan Against Phone Lending Model
eezLoan enables MFIs, fintech lenders, pawn lenders, BNPL providers, and other micro and nano loan providers to offer cash loans using the borrower's existing phone as collateral. No factory reset. No data loss. No disruption to the customer's existing device. Just built-in repayment control, where missed payments trigger device lock and timely payments restore full access.
eezLoan Features for Micro Finance Risk Management
Reimagine how you lend, engage, recover, and grow with eezLoan.
Device Lock Technology
Remotely restrict devices after missed payments, with offline locking for low-connectivity markets and seamless unlock after repayment.
Customer Engagement Tools
Engage borrowers directly on their device with loan information, repayment reminders, and payment options.
Digital Repayment Commitments
TruPromise captures on-device, time-stamped repayment commitments with 12X higher payment follow-through and 70% reduction in collection effort.
Digital Legal Enforcement
TruNotice delivers instant, time-stamped legal notices with 60% higher recovery rates and 100% verified acknowledgement.
Tamper-Resistant Protection
Protect the repayment journey with tamper-resistant controls that help prevent bypass, misuse, or unauthorized removal.
Why Lenders Choose eezLoan
Risk Management
Protect micro and nano loans with strong enforcement tools without physically holding the borrower's device.
Expand Loan Access
Approve thin-file, new-to-credit, and underserved borrowers who may not qualify through traditional lending models.
Unlock New Markets
Enter micro finance, pawn lending, BNPL, and small-ticket cash loan segments with a plug-and-play solution built for fast deployment.
Faster Loan Disbursal
Support faster lending journeys and enable credit in minutes by using the borrower's existing phone as repayment-linked collateral.
eezLoan Use Cases Across Micro Loan Markets
Pawn Lending
Offer loan against phone without physically holding the borrower's device. eezLoan keeps the phone with the customer while giving lenders repayment-linked control.
Loans for Essential Needs
Offer quick cash loans for medical bills, school fees, rent, groceries or business stock, while using the borrower's phone as repayment-linked collateral.
Buy Now Pay Later Lending
Offer products, services, or purchases on BNPL by installing eezLoan on the customer's existing phone before giving credit.
Unsecured & Digital Lending
Lend to thin-file, new-to-credit, and underserved borrowers by using their phone as collateral instead of traditional security.
High-Competition Credit Environments
Stay visible when borrowers have multiple loans or repayment obligations through device reminders, nudges, and lock-based control.
Marketplace, Telco & Platform Credit
Enable recharge-on-credit, service financing, merchant credit, and installment plans with built-in repayment and collection control.
How eezLoan Works
Secure
eezLoan app is installed on the borrower's existing smartphone without data reset or disruption.
Detect
Cash loan is disbursed, or a new device is financed, while the phone remains with the borrower.
Engage
Borrowers receive timely repayment reminders throughout the loan cycle.
Collect
Repayments are monitored continuously. Missed payments trigger device lock.
Ready to Strengthen Your Micro Finance Portfolio?
Use borrowers' existing smartphones as collateral to reduce defaults, improve recovery, and grow your micro loan portfolio.