About AstroCred
Transforming credit access in Zimbabwe
Our Mission
AstroCred is dedicated to democratizing access to credit in Zimbabwe. We believe everyone deserves the opportunity to access financing, whether for personal needs or business growth. Our platform connects customers with merchants, enabling zero-deposit shopping and flexible repayment options.
Our Vision
To become Zimbabwe's most trusted credit marketplace, empowering individuals and businesses to achieve their financial goals through innovative technology and responsible lending practices.
How It Works
1. Customer Registration
Customers sign up and complete KYC verification by uploading their national ID, selfie, and recent payslip. Our system verifies identity and employment status.
2. Credit Application
Customers apply for credit by providing income details, employment information, and existing obligations. Our affordability calculator helps determine loan eligibility.
3. AI-Powered Scoring
Our advanced credit scoring system analyzes multiple factors including income, employment tenure, debt-to-income ratio, and liveness verification to generate a credit score.
4. Pre-Approval & Approval
Eligible customers receive instant pre-approval. After admin review and final approval, loans are disbursed and customers can start shopping.
5. Merchant Shopping
Approved customers can reserve products from partner merchants with zero deposit. Merchants receive payment after loan approval.
6. Repayment
Customers make monthly repayments according to their schedule. Timely payments help build credit history and improve future loan terms.
Key Features
- Fast Processing: Get pre-approved in minutes with our automated scoring system
- Zero Deposit: Shop immediately without upfront payment
- Flexible Terms: Choose repayment periods from 3 to 24 months
- Secure Platform: Bank-level encryption and security measures
- Merchant Network: Access to a wide range of partner merchants
- Credit Building: Improve your credit score with responsible repayment
For Merchants
AstroCred helps merchants increase sales by offering customers flexible payment options. Our platform handles credit checks, approvals, and settlements, allowing merchants to focus on their business.
- Zero-risk sales with guaranteed settlements
- Increased customer base and average order value
- Automated credit processing
- Fast settlement after loan approval