Insurance fund

Zilla Insurance - an independent fund, which is replenished by means of the company derived from profits on transactions of creditors.

This fund is replenished on a weekly basis based on the profit for the last 7 days.

If lender issued loan with the option of "Insurance" and he did not return the money from lender, the loan amount is recoverable from the insurance fund Zilla Insurance.

Insurance fund are distributed in payment systems, taking into account the risk and the need for their use. The controlling entity is a company ZillaCredit Ltd located at Suite 1, Second Floor, Sound & Vision House, Francis Rachel Str., Victoria, Mahe, Seychelles with registration number 111591.

For the lender

The company donates a percentage of the total income received from lending. The minimum commission for the provision of intermediary services between the lender and the borrower is 10% of the lender's profits, of which 9% of net income, and 1% is transferred to the insurance fund.

In the case of the issuance of the loan with the "insurance" company holds 30% of the profits. Of which 14% of net income, and the remaining 16% transferred to the insurance fund.

For the borrower

The insurance covers the loan in case the borrower does charge for their loans in the past in insurance fund an amount equal to the amount requested.

Example: The lender provides loans of $ 100 with the condition of the return of $ 150. The total profit is $ 50. Of this amount, ZillaCredit 14% ($ 7) leaves itself, and 16% ($ 8) transfers to the insurance fund.

Example: In the insurance fund Zilla Insurance received $ 100 from the customer John Smith. Now Zilla Insurance is ready to insure any loans John Smith in the amount of up to $ 100.


Updated weekly

  • Fund Amount: 631 312 USD
  • Number of Creditors: 28653
  • Percent of nonreturn: 7%
  • Number of borrowers: 17245
  • The refund amount: 44 192 USD