Terms of Service

1. Agreement to Terms

By accessing or using the services of Jika Side Microcredit ("we," "our," or "us"), you agree to be bound by these Terms of Service. If you do not agree to all of these terms, you must not access or use our services.

2. Eligibility

You must be at least 18 years old and a resident of Nigeria to register an account, make investments, or apply for business loans on our platform. By registering, you warrant that all information provided is accurate and truthful.

3. Investment Terms

Investors agree to match capital with vetted SMEs on our platform. The fixed monthly ROI is 2.5%, paid in 30-day cycles. Investment periods are locked for 3, 6, or 12 months depending on the selected plan. Early withdrawals may incur exit fees and administrative overhead as detailed in individual matching agreements.

4. Loan Terms

Borrowers must supply the necessary identity verification documents, guarantor profiles, collateral items, and cheques. Interest rates are determined per-case basis based on our 40-point assessment. Late repayment will attract penalties and may result in debt collection protocols or possession of pledged collateral.

5. Limitation of Liability

While we perform intensive credit assessment and vetting, microlending involves risk. Jika Side Microcredit does not guarantee capital returns against unprecedented systemic default, force majeure, or general economic downturn. We are not liable for any indirect or consequential damages arising from the use of our services.

6. Governing Law

These Terms of Service are governed by and construed in accordance with the laws of the Federal Republic of Nigeria, without regard to conflict of law principles. Any dispute arising from these terms shall be subject to the exclusive jurisdiction of the competent courts in Nigeria.