G-SPIRIT LOAN SOLUTION

Powering Dreams

Terms and Conditions

1. Introduction

Welcome to G-Spirit Loan Solution ("we," "our," or "us"). By accessing or using our loan, capital, and partnership services, you agree to be bound by these Terms and Conditions. Please read them carefully before applying for any of our products or opportunities.

Key Points
  • Loans, capital requests, and partnership opportunities are each subject to eligibility review
  • Loan applicants may be required to provide collateral and verification documents
  • Capital applications may require business documentation, revenue data, and due diligence
  • Partnerships are subject to separate review, negotiation, and agreed responsibilities
  • First-time borrowers: maximum loan amount of 500,000 XAF
  • Platform charge: 10% per month
  • Processing fee: 10% upfront
  • Late payment penalty: 5% per day

2. Eligibility

To apply for a loan, capital request, or partnership opportunity with G-Spirit Loan Solution, you must:

  • Be at least 18 years old
  • Be a citizen or legal resident of Cameroon
  • Have a valid government-issued ID
  • Provide proof of residence (utility bill, rent receipt, etc.)
  • Have a verifiable source of income, business activity, or financial history relevant to the request
  • Provide any required documentation for collateral, business records, or partnership credentials
  • Have an active mobile money account (MTN or Orange) or bank account

For capital and partnership services, we may also require business plans, operational records, financial projections, registration documents, or other verification material to assess viability and risk.

3. Loan Terms

3.1 Platform Charge

All loans carry a fixed platform charge of 10% per month, calculated on the principal amount for the duration of the loan.

3.2 Processing Fee

A one-time processing fee of 10% of the loan amount is deducted upfront, before funds are disbursed.

3.3 Repayment

Loans must be repaid by the agreed date. Repaying early is encouraged and carries no penalty — if you settle a loan ahead of schedule, the platform charge is only applied for the period the funds were actually in use.

Loan Amount (XAF) Processing Fee (10%) Monthly Platform Charge (10%) Total Repayment (1 month)
50,000 5,000 5,000 55,000
100,000 10,000 10,000 110,000
500,000 50,000 50,000 550,000
1,000,000 100,000 100,000 1,100,000

3.4 First-Time Borrower Limit

Applicants borrowing from G-Spirit Loan Solution for the first time may request a maximum loan amount of 500,000 XAF. This limit applies regardless of income, collateral, or other qualifying factors. Once a first loan has been fully and successfully repaid, a borrower may become eligible to request higher amounts on subsequent applications, at our discretion.

4. Collateral Requirements

Every loan requires physical collateral that our team can verify in person. We accept:

  • Land titles — must be registered and free of any disputes
  • Vehicle registration papers — cars, motorcycles, or trucks in good condition
  • Business equipment — machinery, electronics, or tools, valued based on condition
  • Property deeds — houses or commercial properties
  • Other valuable assets — high-value electronics, appliances, or inventory

Collateral must be worth at least 1.5 times the loan amount. A physical inspection is carried out before any loan is approved.

5. Late Payments and Default

5.1 Late Payment Penalty

A 5% daily penalty applies to any outstanding balance not repaid by the due date. This penalty continues to accrue until the full amount is settled.

5.2 Grace Period

A 3-day grace period follows the due date, during which no extra penalties apply. We encourage borrowers to reach out during this window to discuss extension options.

5.3 Default

If a loan remains unpaid 15 days past its due date, it is considered in default. In this case:

  • Your collateral may be seized and sold to recover the debt
  • Legal action may be taken to recover the outstanding amount
  • Your information may be shared with credit bureaus
  • Collection costs may be added to your balance

6. Loan Extension and Restructuring

If you expect trouble repaying on time, contact us before the due date. Depending on your situation, we may offer:

  • Extension — extending your loan term, with an adjusted platform charge
  • Partial payment — paying part now and extending the remainder
  • Restructuring — a new payment plan tailored to your circumstances

Extension fees may apply — reach out to discuss what works for you.

7. Application Process

  1. Submit Application — complete the online form with accurate information for the service requested, including loans, capital, or partnership opportunities
  2. Document Verification — provide your ID, proof of residence, business records, and any collateral or partnership documents required
  3. Assessment and Inspection — our team may contact you for interviews, financial reviews, collateral inspection, or business due diligence
  4. Approval — once verified, expect a decision within 24 hours or as otherwise communicated
  5. Disbursement or Execution — approved funds are sent to your mobile money or bank account, and approved partnership arrangements are formalized through agreed documents

8. Accuracy of Information

By submitting an application, you confirm that everything you've provided is accurate and complete. Submitting false or misleading information may lead to:

  • Immediate rejection of your application
  • Termination of any active loans
  • Legal action for fraud
  • Permanent exclusion from our services

9. Privacy and Data Protection

We handle your personal information in line with our Privacy Policy. By using our services, you agree to:

  • The collection and storage of your personal data
  • Verification of your information with relevant third parties
  • Being contacted by phone, email, and WhatsApp
  • Your information being shared with trusted service partners where necessary to deliver our services

10. Communication

By applying for any of our services, including loans, capital requests, or partnership opportunities, you agree to receive communications from us via phone call, SMS, WhatsApp, and email — including service updates, review notices, payment reminders, follow-up requests, and occasional promotional offers where relevant.

11. Limitation of Liability

G-Spirit Loan Solution is not liable for indirect, incidental, or consequential damages arising from use (or inability to use) our services, delays in processing or disbursement, inaccurate information you've supplied, or the actions of third-party partners. Our total liability in any case will not exceed the amount of the loan provided.

12. Changes to These Terms

We may update these terms from time to time. Changes take effect as soon as they're posted on our website. Continuing to use our services after an update means you accept the revised terms.

13. Governing Law

These terms are governed by the laws of the Republic of Cameroon. Any disputes will fall under the exclusive jurisdiction of the courts of Cameroon.

Last updated: August 2026