iFectivo-Préstamos de crédito is a free Android application designed to facilitate personal loans for users in Mexico. It offers credit limits ranging from $300 to $20,000 pesos, with a commission fee of 5% to 10% and an interest rate of 0.09% per day. Users can apply for loans with durations of 91 to 120 days, and the app calculates the total amount payable including interest and VAT. The app aims to provide quick access to funds with a straightforward application process and secure identity verification.

To apply for a loan, users need to be Mexican nationals with a valid INE/IFE and a debit account in Mexico. The application process is simple: download the app, fill out a brief request, and receive funds directly in a bank account. Payments can be made online or at local OXXO stores. iFectivo prioritizes user privacy and ensures that personal information remains protected.