1. All Repayments taken from a borrower’s Bank Account by Paystack are updated real-time and simultaneously on the Aposhashamura’s account with Paystack, Aposhashamura backend system and dashboard of the Tenant that grants the loan. Paystack then prepares the receivables for settlement into Aposhashamura’s designated Bank Account depending on time the borrower’s bank account is charged.
    • All collections completed during the weekday is settled into Aposhashamura’s designated bank account the next weekday
    • All collections completed on weekends (i.e. Friday-Sunday) is settled into Aposhashamura’s designated bank account on Mondays
    • All collections completed on a public holiday is settled into Aposhashamura’s designated bank account on the next workday
  2. Aposhashamura Tenant Board is enabled to permit two easy cash-out processes for Business Starters
    1. Transfer to System Balance (TSB): The Payout balance is transferred to Tenant’s System Balance making the fund available to grant loans
    2. Payout to Bank: This process will initiate a cash deposit to the Tenant’s designated Bank Account. Tenants are eligible to make withdrawals 3 months after the initial sign-up date. Then, subsequently, 3 months after the previous cash out date