Question 1

How should I invest with the app?

Accepted Answer

Log In to the app and click on the “Invest” tab at the bottom. You will find ongoing investment opportunities there.
You will be able to view the business name, a short intro, estimated profit percentage and a comparative risk grade.
Edit the amount you want to invest and click on the “Projected Repayment” button to proceed to the business page.
You can see further details of the Business, Business Owner, Risks associated and Contract conditions in this page.
Click on “Continue” and then fill up the details. After that, you have to click on “Confirm Investment” which will take you to the payment page for completing the required process.

Question 2

Can I transfer via bKash/Nagad?

Accepted Answer

Yes. You can use any of these bKash numbers: 01962424221 01673113566

Kindly choose the "send money" option and then share the payment proof on the App.

Please note that, for more than "10k", you need to pay 1.5% charge on the additional amount.

Question 3

What is Risk Grade?

Accepted Answer

We score each business on various attributes to differentiate business risk. We grade businesses on various attributes such as financial health, availability of documents, business efficiency and income-expenditure status, future plans, economic conditions, behavioral aspects, etc. A+, A, B+, B, C - these are our grades. We consider grades below B to be too risky and do not feature them on the platform.

Question 4

Where is your office? Can I talk with you online or offline?

Accepted Answer

You can visit our office from Sunday to Thursday within 11am to 6pm (Closed on Public Holidays). Kindly schedule an appointment for the meeting beforehand so that our representative can be present on the scheduled period.

Location: Lift 8, Shaptak Square, Dhanmondi 27, Dhaka 1209

Question 5

How is my investment secure?

Accepted Answer

When you are choosing the business you want to invest in, you can scroll down to the “Business” section and “Owner” section to know more about the business operation and owner’s background. If you want, you can verify yourself whether the business is authentic by visiting the address of the business and the online presence in some cases.

Additionally, biniyog does not transfer your money directly to the business. In most cases, the amount is utilized to purchase products (asset or raw material) to finance the business through Murabaha or sale contract. biniyog also ensures that the investors get the pictures and scanned copies of the legal contracts and invoices, therefore ensuring transparency through all the steps of the investment process.

Question 6

How does the referral work?

Accepted Answer

Install the latest version of the biniyog app and log in.
Navigate to the Referral section on your profile.
Share your unique referral link with friends and family.

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