Company Performance Metrics
CrediSmart provides consumer microloans and smartphone financing via the Crediminuto app and a network of allied retail partners. Offerings include short-term loans from COP 100,000 to COP 1,200,000 with stated nominal rates around 25% and a maximum APR of 30%. Applications and repayments run through the app, which generates payment references for
correspondent banking options, including Bancolombia. A store locator helps customers find participating points of sale for device purchases and loan services. For smartphone installments, the handset serves as the guarantee for the credit. The website publishes terms and conditions and a personal data policy to explain eligibility, pricing, and responsibilities. The platform outlines account setup steps, repayment schedules, and access to credit for everyday purchases.
