Ecosystem

How to take a loan on Propel

Aug 6, 2024
4 min

Everyone wants the good things of life. From the lofty niceties like an all expense-paid vacation, to the Maldives or the latest model of the fastest car on the planet, to daily catering by a luxury Chef, to the latest Macbook that can help you power through complex data sets in minutes. We all want it. Every single one of us.

In reality, having these things seems like dreaming of the impossible. You work a regular job where you earn an average of $90-$250 in a 9 to 5 time frame. Doesn’t seem like a trip-to-the-Maldives kind of budget, right?

As far-reaching or lofty those financial ambitions are, they aren’t impossible. For instance, here at Propel, your $90 salary can get you a laptop of $500 without you breaking the bank or doing something illegal. With a good plan and our “Embedded Finance” feature, your trip to the Maldives can become a reality in a few years.

We understand what it means to dream big and to have those dreams crushed by a lack of finances. That’s why we created our ‘Embedded Finance” option to give you the lifeline you need to achieve those lofty dreams. With its first feature in its wake — “Buy Now, Pay Later”- you can get those tech devices you’ve dreamed of at an affordable price and spread the payment across a few months.

How to Use Our Buy Now, Pay Later Feature

1. Create an Account

First, you’ll need to create an account on our platform. Here’s how:

  • Sign up on app.propel.community.
  • Enter your email address and verify it by inputting the code sent to your email.
  • Fill in basic information about yourself.
  • Join a community that matches your interests.
  • Access your dashboard to start exploring

2. Navigate to the Finance Section

Once you’re in your dashboard, click on your profile, select the “wallet” section in the menu. Select the “Buy Now, Pay Later” Option and create a memorable passcode to protect your BNPL transactions.

3. Choose your Location and Select your Item

In order to get vendors within your locations and reduce delivery costs, you would have to put in your location. To find vendors near you, select your location to get a list of available vendors in your area. After choosing your location, you would be presented with a catalogue of items within your location. Browse through the list of items and select the item you want to purchase.

4. Proceed to Checkout

Once you’ve chosen your item, click on checkout. Choose your delivery option. You have two delivery options:

  • Pickup: Collect the item from the vendor.
  • Delivery: Have the item delivered to your address.

If you choose “delivery”:

  • Enter your delivery address and click continue

5. Complete the Payment Process

To finalise your purchase, enter your bank details and a valid ID for verification. Once verified, you will receive a success message.

6 . Receive Your Device

Finally, you will be directed back to your dashboard with a code. Provide this code to the vendor when your item is delivered or picked up.

The story of tech advancement doesn’t have to be one of constant compromise. With our Buy Now, Pay Later feature, you’re empowered to write your own tech success story. It’s not just about owning a device; it’s about investing in your skills, your productivity, and ultimately, your future in the ever-evolving tech landscape.

Why let financial constraints dictate the tools at your disposal? Visit app.propel.community today and take control of your tech journey. Your next chapter in technology is waiting to be written — equipped with the right tools, what will you create?

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