Pratico Speed

Pratico Speed is a mobile micro loan service for consumers in selected African markets, including Uganda and Angola, offering short term credit for emergencies and day to day cash needs.

Key features focus on a fast, app based borrowing flow and clear repayment terms:

• Digital loan application: users download the Android app, register with a phone number, submit personal details, and send a loan request in-app.
• In-app loan offers and acceptance: approved users can review a loan offer inside the app and accept it before disbursement.
• Bank account disbursement: after acceptance, funds transfer to a personal bank account within 24 hours (as stated on the website).
• Loan amounts and tenures by market: Angola examples show Kz 80,000 to Kz 200,000 over 80 to 200 days, with an annual equivalent APR (TAEG) of 36.5% and tiered limits (Inicial, Intermediária, Premium). Final amounts, terms, and fees are confirmed in-app.

Available on Android (Google Play) and Web (informational site at uganda.praticospeed.com).

The product targets individual borrowers, including freelancers, salaried workers, and small business owners seeking small ticket, short term loans.

It is notable for its country specific setups (Uganda and Angola), multilingual customer information (English, Portuguese, Swahili), and published eligibility basics such as age 18 to 60 and an active personal bank account, alongside support contacts for Uganda, Angola, and Tanzania.