Credit System
The first digital credit infrastructure for Bangladesh's automotive aftermarket.
Workshops have run on cash for decades. JOY built a 5-tier credit engine that adjusts dynamically to volume, payment punctuality, and category breadth — turning every workshop into a creditworthy business overnight.
৳1.8Cr+
credit deployed
5
Joy Score tiers
<2%
default rate
30 days
settlement
How Joy Score works
Your credit grows with your business.
- Tier 1
Starter (৳25k)
On KYC approval. Net-15 settlement. Unlocks all wholesale pricing tiers.
- Tier 2
Growth (৳1L)
After 3 on-time settlements. Net-30. Diversified category orders qualify for tier-2 pricing.
- Tier 3
Pro (৳3L)
After 6 months + ৳5L cumulative orders. Priority logistics + early-access to new SKUs.
- Tier 4
Elite (৳10L)
Top 10% of workshops. Dedicated account manager. Custom payment terms.
- Tier 5
Enterprise (custom)
Multi-branch chains. Group treasury, consolidated invoicing, API integration.
- Auto-upgrade
Tier engine
JOY's algorithm reviews settlements + volume + diversity nightly. Tier upgrades land automatically.
Risk engineering
Built on first-party transaction data — not bureau scores.
- 01Behavioural credit signals. We score workshops on order cadence, settlement punctuality, category diversity, and seasonality stability.
- 02Joy Score algorithm. Proprietary blend of 12 signals refreshed nightly. No reliance on legacy CIB data — built for the informal economy.
- 03Predictable defaults. Below-2% default rate, well under unsecured SME lending averages in BD.
- 04Treasury-backed. JOY's institutional treasury underwrites the credit line — workshops never deal with third-party lenders.
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