EasyLoan is a free Android application designed to provide a user-friendly and innovative platform for loan services. It falls under the category of Business & Productivity with a subcategory of Finance. The application offers loans ranging from 10,000 EGP to 40,000 EGP for a period of 91 to 360 days with an annual percentage rate (APR) of 12% to 24%. The loan products do not include any fees other than interest.

The application provides a cost calculator that allows users to calculate the cost of the loan products. For instance, if a user borrows 10,000 EGP for a period of 150 days at an annual interest rate of 12%, the loan will only incur interest without any additional costs. The daily interest rate is approximately 0.03%, which amounts to 3 EGP. The monthly interest will be 90 EGP, and the total interest payable at maturity will be 450 EGP. The monthly repayment amount for the loan is 2090 EGP, and the total repayment amount including interest will beEGP.

EasyLoan has certain eligibility criteria for loan applications. The applicant must be an Egyptian citizen between the ages of 18 and 60 and should have a fixed income or be self-employed.