OUR PRODUCT

Debt Buying

Outright purchase of structured loan portfolios, providing immediate liquidity and efficient asset management solutions.

Trusted By;

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Get value today for your NPLs

Got a portfolio of overdue loans? We’ll purchase them and help you get value for your assets immediately

01


Our process

We leverage our debt scoring process to determine a fair value of the loan assets and then work with independent financiers to purchase the portfolio

02


Our focus

We work with all lenders who provide uncollateralized loan products to users and consider all loans regardless of the number of days past due the account is

03


Ethical collections

We only leverage ethical and data driven approaches in all our collections and recovery activities

If you are interested in discussing the sale of your overdue loan accounts, please email hello@getmida.com and our team will contact you to set up a meeting.

Frequently Asked Questions

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1. How does Mida determine the value of an overdue loan portfolio?
Mida uses a debt scoring process to assess the value of the loan assets, considering factors such as risk, borrower history, and the number of days past due. This ensures a fair and accurate valuation.
2. Who purchases the overdue loan portfolios?
After determining the value of your portfolio, Mida partners with independent financiers to facilitate the purchase of your overdue loans, ensuring you receive immediate value for your assets.
3. What types of loans does Mida focus on for purchase?
Mida primarily works with lenders who offer uncollateralized loan products. We are open to purchasing loans regardless of how many days past due the accounts are.
4. How does Mida ensure ethical collections after purchasing a portfolio?
Mida is committed to ethical and data-driven collections practices. We focus on protecting borrower rights while collecting on the purchased loans.
5. Can I request a meeting to discuss this?
Yes, you can by clicking filling out the form in our ‘Contact Us’ page

Why Choose Mida?

We offer an optimized blend of advanced technology and experienced people to deliver better success rates

Our Technology

We rapidly test multiple tactics in real-time, then intensify & automate those that successfully influence collections at scale, ensuring we can serve more people faster.

Our Data Analytics

Our algorithm processes a large data set of over 300 user variables to identify trends & patterns that influence how and when we engage pre and post-default

Our Localized Experience

With over 40 years of experience in Africa’s toughest market, we combine technology with a hands-on approach and community integration to drive performance.