Meta Loan App is one of the best loan apps offering loans to Kenyans at affordable rates. The loan app provides loans that have repayment period of between 91days or 3 months to 365 days or 1 year.
Meta Loan App Features
Meta Loan provide mobile loan service for Kenya customers and here are the terms of the the loan app.
1. Loan Amount: Ksh 1000 – Ksh 80,000
2. Tenure: 91 days – 365 days
3. Maximum loan limit: Ksh 80,000
4. maximum APR: 48% per year
5. For example: for loans of Ksh20,000 with a term during 91 days, the fees charged are as follows:
Monthly interest rate : 48% / 12 = 4%
Monthly interest : ksh 20,000 * 4% = ksh800
Total monthly payment :ksh20,000 / 3 + ksh 800 = ksh7467
total repayment bill including principle and interest shall be:
ksh 20,000.00 + ksh20,000* 4%*3= ksh 22400
See also:
- TiFi Slice Loan App
- Kopesha Loan App
- Sky Pesa Loan
- Credit Moja Loan App
- Kopa Kash Loan App
- AsapKash Loan App
- CashSea Loan App
- KashWay Loan App
- M-KASH LOANS Loan App
- KesMall Loan App
- MyKes Loan App
- Lendplus Loan App
- Lion Cash Loan App
- Kashplus Loan App
Why Loan From Meta Loan?
- No Credit report required
• Paperless and digital process on your mobile
• No collateral requirements
• Get 7/24 access to loan at anytime and anywhere
• Disburse to your M-PESA directly in 1 minute once approved
• Available across Kenya
• As the credit score grows, the loan limit increases - who are eligible?
• Kenya Resident
• 18-60 years old
• has a source of income and have ability to repay - How to repay the loan?
• through our M-pesa Paybill 4023507 and the account no. is the M-pesa phone number you sign up with/ through our APP M-pesa express
• enter the amount you pay and enter the pin of M-pesa
• timely repayment will increase your credit score, you will have more chances to get more limits - Security
Your data is safe with us. It is transferred over a secure HTTPS connection to us, and we do not share it with anyone without your consent except the Lenders. All the transactions are secured via a 128-bit SSL encryption. You can review our private policy before register.
Contact Meta Loan
If you have any feedback, questions, or concerns,
E-mail: [email protected] or in our application online service.
Address: Daykio Plaza, Nairobi City, Kenya
You can see more Loan Apps In Kenya on this website.