MyKes Loan App

What is MyKes Loan App?

MyKes insists on not making high-interest loan products as the bottom line, and provides high-quality, low-interest loan products specifically for young people.
Apply on the same day and arrive at the account on the same day, and you don’t need to provide any guarantees. Very low loan interest rates, so don’t worry

Loan Features

⑴Apply online at any time 24 hours a day, no face-to-face, one-click operation, no harassment, and you can apply if you have good credit
⑵The interest is very low for example if you borrow ksh 11,000 you get 0.05% interest rate.
⑶Convenient repayment, can be operated online and offline, convenient and can be repaid anytime, anywhere

See also:

Loan Eligibility Requirements

⑴age: Over 20 years
⑵mobile number: Real phone number
⑶Identification card: Real ID card

Loan Interest Rates And Calculation

Loan amount: KSh 5,00.00 – KSh 2,000.00
Loan term: 91 days (shortest, including renewal time) – 365 days (longest, including renewal time)
Interest rate: Maximum interest rate is 18% per year, 0.05%/day
For example: If you choose a loan limit of KSh 2,000.00 with a period of 120 days,
the total interest must be paid: KSh 2,000.00 * 0.05% * 120= KSh 120.00, monthly interest shall be paid: KSh 2,000.00 * 0.05% * 30 = KSh 30.00,monthly repayment bill including principle and interest shall be paid: KSh 2,000.00/4 + KSh 30.00 =
KSh 530.00,total repayment bill including principle and interest shall be paid:
KSh 2,000.00 + KSh 120.00 = KSh 2120.00

Contacts

Working time: 8am-5pm(Monday – Saturday)
Phone: 0207903622
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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