Kopesha Loan App

This is a simple free app for Android that helps you locate and download the best apps for quick payday loans and personal credits to get money. Use our application to find the option that best suits your needs.

What are you waiting for to download Online Best Loans?

Note: Be careful when applying for loans and always read the fine print of any credit you request.

Loan Interest Rates, Calculations And Repayment Plans

Loan amounts vary by country while interest rates and service rate (APR) are made to be flat range of rate regardless of the country.

The rates ranges from 5% APR to 30% APR (including interest rates and service rates). Some providers do not charge service rates (i.e they only charge interest rates) and others do charge service fees, interest rates and roll back charges. Make sure before applying loan from a loan provider, you thoroughly go through all the descriptions of that particular lender

Repayment duration from lenders range from 70 days to 210 days (about 7 months) depending on your loan amount and the provider.

Representative Example:
If you borrow 5,000 Ksh on a 180 days repayment term from a lender providing the loan at 9% APR, the Total repayment will be 5,450 ksh after the specified duration.

See other loan apps:

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

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