Bayes loan app allows you to do several things including:
-Get a Loan,
-Send Money,
-Pay Utility Bills,
-Buy Airtime,
Pay Merchants among others
Loan Rates And Calculation
Loan rates vary based on the borrowed amount;
Loan amount; 1,000 – 50,000
Loan charge; 30% of the principal amount
Repayment period; 90 – 180 days
APR; 30% – 120%
Example; If you borrow 1000 at 30% for 90 days you will repay it as 1300 after 90 days
You can learn more about loan apps in Kenya on this website
