LendPlus is a loan online provider in Kenya. It is the simplest, quickest and most secure way to borrow all from the convenience of your phone. The application allows you to quickly get an online cash loan at any time of day and any day of the week.
Loan Acquisition Requirements
-Age from 18 years and above.
-Employed/Self-employed with a steady income.
-Mobile number with mobile money wallet.
-You must have National Identity Card.
-Employed/Self-employed with a steady income.
-Mobile number with mobile money wallet.
-You must have National Identity Card.
See also:
Loan Features
*Simple and quick
*Easy access 24/7
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*Quick and easy sign up
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*No paperwork
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*Lower fees
*Flexible repayment terms
*Safe and secure loans
Loan Rates And Calculation
Loan Amounts: Ksh 500 to Ksh 70,000
MINIMUM loan repayment period: 61 days including loan prolongation
MAXIMUM loan repayment period: 365 days including loan prolongation.
MINIMUM annual percentage rate (APR) including: 3%
MAXIMUM annual percentage rate (APR) excluding stock: 695%**Representative loan example to apply MINIMUM interest rate:
If you apply for Ksh 10,000 loan for 61 days under 1,4% per day, the total cost of the loan will be Ksh 18,540.
MINIMUM loan repayment period: 61 days including loan prolongation
MAXIMUM loan repayment period: 365 days including loan prolongation.
MINIMUM annual percentage rate (APR) including: 3%
MAXIMUM annual percentage rate (APR) excluding stock: 695%**Representative loan example to apply MINIMUM interest rate:
If you apply for Ksh 10,000 loan for 61 days under 1,4% per day, the total cost of the loan will be Ksh 18,540.
**Representative loan example to apply MAXIMUM interest rate:
If you apply for Ksh 10,000 loan for 61 days under 3,0% per day, the total cost of the loan will be Ksh 28,300.
Terms: Depending on your loan amount for which you are eligible, you have the option to choose different repayment terms.
Contacts:
E-mail :[email protected]
You can learn more about loan apps in Kenya on this website
