KesLoan Loan App

KesLoan app is designed for Kenya Citizens who need cash urgently. By downloading the app from Google Play store and taking a few steps to apply, customers can get safe, convenient loans from KesLoan.

Why Choose  KesLoan?

1.High Loans Amount: Kes. 7,000 to Kes. 100,000
2.Long Loan Tenure: 91days ~ 365days
3.Easy application process
4.No hidden fees

Loan Eligibility Requirements

1.A Kenya Citizen
2.Between 18-60 years old
3.Regular source of income

Loan Acquisition Process

1.Install KesLoan App
2.Register with your phone number
3.Identity in 3 steps through the app
4.Wait for the review result
5.If approved, wait for the cash to your M-Pesa
6.Repay your loan

See also:

Loan Interest Rates And Calculations

1.APR: Up to 30%
2.Service fee: 2%~8%

Example: If the loan amount is ₹20,000 and the interest rate is 20% per annum with the tenure of 180 days, and the services fee is 6%, after deducting the processing fee, the interest payable is as follows:
Interest = ₹20,000 * 20% / 365 * 180 = ₹ 1973
And service fee = 20,000*6% = ₹ 1200
You will get ₹20,000 and should repay ₹23,172
The monthly payment would be ₹23,172 / 6 = ₹3862

Contacts

Customer Service Email: [email protected]
Address: Diamond Park Avena Road House 314

You can learn more about loan apps in Kenya on this website

Author

  • Anita Mbuggus

    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

    View all posts