Loan Interest Rates And Calculations
• Loan limits from Kshs 500 to Kshs 150,000.
• Loan terms: Shortest 91 days to longest 365 days
• Interest Rate:24% APR.
• Loan terms: Shortest 91 days to longest 365 days
• Interest Rate:24% APR.
Example: If the loan amount is Ksh 10,000 for one year loan term and interest rate is 24%. Total interest should be 10,000 * (24/100) =2400.
Contacts
Write to if you further questions: [email protected]. You can also call us on +254788972981
You can learn more about loan apps in Kenya on this website
Author
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Anita Mbuggus brings a unique blend of technical expertise and creative flair to the Jua Kenya team. A graduate of JKUAT University with a Bachelor of Science degree in Business Computing, Anita combines her analytical skills with a passion for storytelling to produce insightful and engaging content for our readers. See More on Our Contributors Page
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