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Namma's vision is to make lending and borrowing between family and friends easy and less awkward. By providing with the tools to formalize, legalize and track these monetary exchanges, borrowing can happen more frequently and everyone can feel more supported throughout the process.
$10 Million+
Amount contracted in loans by our customers with their friends & family
450+
Loans contracts executed through Namma
10%
Customers who have used Namma repeatedly
Our product helps you define your terms, formalize a loan contract and then track payments for the lifetime of your loan.
By defining your terms (e.g. interest and payback schedule), you are in control of your financial destiny.
Ask them with a fully drawn out promise to sign and commit.
Gain access to capital quickly, without a long arduous bank application process and the involved application fees. Put your social credibility to work.
Having your transaction formalized with e-signatures on a loan agreement, gives you protection and peace of mind.
Customize your interest, payback terms to lend on your own terms.
We will send reminders, generate a payment schedule and let you both record payments.
Namma is proudly supported by:
Define terms collaboratively
Set terms (e.g. amount, duration, interest, payback dates, etc.)
Customize, add any additional clauses to the contract.
Sign on a generated contract
E-Sign after both contributing to changes.
Access and download executed agreements at any time
Add on management services
Get payment reminders on defined schedule
Report payments and dynamically change schedule
