Euro Groshi Case Study
Microfinance Lending

Euro Groshi

Employing industry best practices to launch a PDL platform in 2,5 months
Challenge
Euro Groshi needed to implement and comply with European money lending standards. The company was planning to operate online without any physical branches and was looking for a field-proven technology solution for payday loan management.
Approach
HES not only fulfilled all functional requirements expected behind the scenes, but also created a comfortable UI experience for Euro Groshi’s clients. The delivered solution handles multiple loan workflows in a single automated environment.
Result
HES MFI solution gives Euro Groshi a competitive edge by allowing it to make quick underwriting responses and design customized loyalty programs. The credit application process for new customers takes not more than 15 minutes. Repeat customers get loan decisions within 5 to 10 minutes.

EuroGroshi Dashboard

EuroGroshi Mobile

Without any physical branches or servicing locations, Euro Groshi’s efforts are focused on perfecting the online lending experience and delivering the vital personal touch.

“It took us 10 weeks to go live and start originating hundreds of quality loans per day.”
Vladimir Khorvyak
Vladimir Khorvyak, CEO at EuroGroshi