HiKash is an online loan app for online cash funds in Kenya, with a credit limit of up to Kshs. 20000. Our mission is to provide users with safe, convenient and secure cash or online cash loans.
Online Loan Acquisition Process
– Download HiKash App
-Fill in personal data and submit your loan application
-Wait for data verification
-Get cash liquid directly to your Mpesa account
HiKash Loan Products
1. Minimum Loan Amount: 1000 Kenya shillings
2. Maximum Loan Amount: 50000 Kenya shillings.
3. Minimum Loan Term: 91 days
4. Maximum Loan Term: 180 days
5. Interest rate: 36% APR
6. Service Fee: 0%
7. Loan request: Need to be at least 18 years old or above
Loan Eligibility Requirements
-Must be a Kenyan Citizen
-Minimum 20 years of age
-Valid ID proof – name of the applicant and name in the documents must be same
-Must have an active bank accounts
Loan Interest Calculation
**Example: If the loan amount is 2000 Ksh, the loan term is 61days, and the Interest rate is 16%, the total Interest should be 2000 Ksh * 16% = 320 Ksh.
Loan Repayment
Month 1 should pay the interest 160 Ksh only.
Month 2 should pay both principal and remain interst 2160 Ksh.
Physical Address:
9th floor, 623 Wood Avenue Plaza, Argwings Kodhek RD, Kilimali, Nairobi.
You can learn more about loan apps in Kenya on this website
