Legal Shield Summary

Tukakula provides Service-Based Credit. By accessing our capital, you subscribe to an advisory program. All fees are split between statutory interest (4%) and professional advisory fees (up to 36%) for business intelligence and risk modeling.

1. Binding Acceptance

These Terms constitute a legally binding agreement. By accepting any fund disbursement, you confirm you have the authority to bind yourself or your business entity to these financial obligations.

2. Definition of Advisory Services

Tukakula is a Business Advisory firm, not a commercial bank. Funding is provided as an ancillary service to our Consultancy Program, which includes:

  • Liquidity Support: Direct funding for operations.
  • Credit Capacity Consulting: Professional debt-to-income analysis.
  • Performance Monitoring: Strategic repayment health tracking.

3. Facility Economics & Fee Split

Costs are transparently bifurcated to remain compliant with the Banking and Financial Services Act:

7-Day Cycle
15%
4% Int + 11% Advisory
14-Day Cycle
20%
4% Int + 16% Advisory
30-Day Cycle
40%
4% Int + 36% Advisory

Note: Management and Advisory fees are deemed earned upon completion of Risk Modeling and are non-refundable.

4. Proprietary Risk Modeling

You grant Tukakula a non-exclusive license to perform automated modeling on your financial data (Mobile Money, Statements). This analysis is a core service. Privacy is maintained, but data is utilized for health scoring.

5. Mandatory Advisory Provision

Clients receive daily/weekly financial coaching via SMS and Dashboard. The fees in Section 3 cover this delivery. Failure to utilize the advice does not waive fee obligations.

6. Asset Recovery & Penalties

Late repayments exceeding 12 hours trigger automated recovery protocols:

Recovery Admin Fee K100.00 (Instant)
Daily Monitoring Penalty 1% of Balance
Legal/Collection Fees 100% Responsibility

7. Governing Law & Jurisdiction

Governed by the Laws of the Republic of Zambia. Any disputes shall be resolved exclusively in the Subordinate Courts of Lusaka District. All costs are accepted as fair and reasonable for the professional speed provided.