Meta Loan App

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:

Why Loan From Meta Loan?

  1. 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
  2. who are eligible?
    • Kenya Resident
    • 18-60 years old
    • has a source of income and have ability to repay
  3. 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
  4. 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.

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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