Senmo is an Android application that offers loans to its users. It provides free product information, and you can apply for loans online to improve the efficiency of the online unsecured loan service. The application has certain criteria that you need to meet to be eligible for a loan. You must be a Vietnamese citizen betweenyears of age, have a stable job, and the ability to repay the debt. Additionally, you must have a bank account.

The loan amount offered by Senmo ranges from 1,000,000VND to 30,000,000VND, with a loan term ofdays. The interest rate for the loan is up to 20% per year, and there are no transaction fees.

For instance, if you borrow 1,000,000VND at a 10% interest rate for 91 days, the total amount you have to repay is 1,024,931VND (specifically: 1,000,000*10%/365*91 + 1,000,000).