Pari App – Use Case

Challenges Faced

Managing personal loans and borrowings is often a manual, error-prone process. Users typically rely on notebooks, spreadsheets, or memory, which leads to confusion and disputes. The main challenges were:

• No structured systemto track borrowed or lent money.
• Difficulty setting remindersfor repayment deadlines.
• Lack of transparencybetween lenders and borrowers.
• Poor record-keeping, often resulting in forgotten transactions.
• Limited financial awareness, making it harder to track balances.

Solutions We Proposed

We built the Pari App, a simple and intuitive loan & borrowing management application. The app enables users to keep track of financial exchanges with friends, family, or peers in an organized way. Key features included:

• Digital loan trackingfor both lent and borrowed amounts.
• Reminders & notificationsto ensure timely repayments.
• Lending historieswith complete transaction records.
• User-friendly interfaceto make recording transactions simple.
• Secure financial data storagewith Firebase integration.
• Square Payment Gateway integrationfor seamless digital payments.

Workflow

1. Add Transaction– Users record whether they are lending or borrowing money.
2. Set Reminders– Due dates and alerts ensure repayment isn’t forgotten.
3. Manage History– Full loan/borrow records are stored for future reference.
4. Payment Integration– Users can repay directly through Square Gateway.
5. Notifications– Alerts keep both parties informed about pending amounts.