Havil: Empowering Financial Freedom for All

Havil is a savings and investment app created with the vision of providing financial freedom and financial literacy to low- and middle-income individuals—our primary target audience. According to 2022 statistics, 63% of people in Nigeria (approximately 133 million individuals) are multidimensionally poor. Havil aims to bridge this gap by offering an easy-to-use platform where users can save and invest with as little as 1,000 Naira, earning returns on both their investments and savings. Additionally, Havil is committed to educating users on financial literacy to empower them to progress from their current financial status to greater stability and growth.

Effortless Onboarding & Key Features

The Havil app ensures swift onboarding for new customers, and it’s equipped with intuitive features designed for easy navigation. Some key features include:

1. Savings & Investments: Users can earn up to 19.5% per annum on savings, depending on the plan they choose. Investments can yield up to 30% annually, based on the selected investment category.
2. Home Page: The app’s home page serves as a central hub, where users can effortlessly navigate and access key features.
3. Savings Plans:
   • Fixed Deposits: Users can lock funds for a specified period, earning interest upon maturity. Funds in a fixed deposit cannot be accessed or topped up until the set term ends, but users can create additional fixed deposits as needed.
   • Target Savings: With Target Savings, users can save for specific goals like education, emergencies, travel, business, and more. Users can start with as little as 1,000 Naira and deposit funds daily, weekly, or monthly, depending on their preference. Note: Users can only have one active savings plan per category at a time (e.g., one education savings plan, one car savings plan). A new plan in the same category can only be created after the existing plan is completed. However, users can create different types of savings plans simultaneously (e.g., you can have an active education plan and a car plan running at the same time).
   • Flexi Funds: Flexi Funds allow users to manage upfront interest for both Fixed and Target savings plans. This feature enables easy withdrawals if needed.
4. Save for Child: This plan is specifically for saving towards a child’s future. It’s a target savings plan with an interest rate of 19.5% per annum.
5. Swag Box: Swag Box allows users to save for big-ticket items, such as a car or gadgets, while earning interest as they save.

Havil is designed to make saving and investing simple, empowering users to achieve their financial goals with ease.