Loan Application Requirements
1.Kenyan resident.
2.18-60 years old.
2.18-60 years old.
Loan Application Procedure
1 Download Helacash app.
2 Register an account with phone number.
3 Fill out basic information and submit loan application.
4 Receive your loan straight into your m-pesa account.
2 Register an account with phone number.
3 Fill out basic information and submit loan application.
4 Receive your loan straight into your m-pesa account.
Loan Interest Rates And Calculations
1 Loan amount from KES2,000 to KES100,000.
2 Repayment from 91days to 365days.
3 Easy to get safe loan.
4 Effective APR of 12% – 24%
2 Repayment from 91days to 365days.
3 Easy to get safe loan.
4 Effective APR of 12% – 24%
Example:
If the loan amount is KES6,000, the loan term is 365days, and the Annual interest rate is 20%, the total interest should be KES (6,000*20%)= KES 1,200. The total repayment amount would be KES 6,000+ KES (6,000*20%)= KES 7,200.
If the loan amount is KES6,000, the loan term is 365days, and the Annual interest rate is 20%, the total interest should be KES (6,000*20%)= KES 1,200. The total repayment amount would be KES 6,000+ KES (6,000*20%)= KES 7,200.
Contacts
Email: [email protected]
•Address: Cardinal Otunga plaza, Koinange road, Starehe district, Nairobi
•Address: Cardinal Otunga plaza, Koinange road, Starehe district, Nairobi
You can learn more about loan apps in Kenya on this website
