Kopa Kash Loan App

Kopa Kash is amobile phone based loan app operating in Kenya. Kopa Kash offers instant loan credits directly to your account or M-PESA account or other given account details. It is fast and reliable way to get cash for quick fixes.

Kopa Kash Loan Terms

  • The Kopa Kash loan has a commitment fee of between Ksh.95 – Ksh.110 depending on the amount borrowed.
  • Kopa Kash loan Amount ranges from Kes.1,500 to Kes.50,000.
  • Kopa Kash loan has a processing Fee that is equal to 5% of principal amount with minimum amount Ksh60 and maximum amount Ksh600.
  • Kopa Kash loand have a higher repayment periods with the shortest tenor of 91 days, and the longest is 365 days.
  • The applicable interest rate is 12.5% per annum.
  • The loan is processed within just 5 minutes.
  • Timely repayment increases your credit limit and allows you to apply for higher loans credit in the future

See also:

Loan Cost Calculation

For instance, 91 day loan with a principal amount of Ksh3000, the Commitment fee would be Ksh100 and the interest would be Ksh201.64 and the total amount due is Ksh3301.64 and monthly payment Ksh1605.82.

See more loan apps in Kenya and Loan Apps without CRB approval.

Author

  • Ravasco Kalenje

    Ravasco Kalenje is the visionary founder and CEO of Jua Kenya, a comprehensive online resource dedicated to providing accurate and up-to-date information about Kenya. With a rich background in linguistics, media, and technology, Ravasco brings a unique blend of skills and experiences to his role as a digital content creator and entrepreneur. See More on Our Contributors Page

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