KINVEST-better finance better life
KINVEST was founded by a group of entrepreneurs who hope to bring better financial solutions to the long and tedious process of non bank people by combining the world’s leading technologies. KINVEST is a simple experience, 100% digital and 0 paperwork.
Loan Eligibility Requirements:
*Kenya Resident in 20-55 years old
Steps For Loan Acquisition:
1. Download app from the Play Store.
2. Register an account.
3. Select the amount you would like to apply for.
4. Fill out your basic information, then submit the application.
5. Receive your loan straight into your M-pesa account.
Loan Features, Interest Rates And Calculations
*Loans range from 2000 Ksh ~ 30,000 Ksh.
Loan term: 91-180 days.
(According to your credit record, Annual interest rates(APR) is 78% per annum)
Repayment schedules may vary. There is no minimum payment period for repayment; customers may make payments towards their principal at any time following disbursement.
*For example, for a RECEIVED loan amount 6000 Ksh due in 120 days(18 weeks), 30% interest rate will be calculated as below:
the total interest should be 6000 Ksh * 30% = 1800Ksh. The total amount must be paid: 6000+6000*30%=Ksh 7800. Every month loan repayable KSh 1950.
Contacts
Email:[email protected]
Address: James Gichuru Road, Nairobi, Kenya
You can learn more about loan apps in Kenya on this website