Zash Loan can give an instant loan to help everyone in Kenya who needs money to grow their businesses, go shopping or finance any other emergencies.
Loan Features
• Loan Amount: KSh 500 – KSh 50,000
• Loan period: 91 days – 365 days
Maximum loan limit: Ksh 50,000
Low interest (maximum APR): 25% per year
Loan Calculation
For example:for loans of ksh 20,000 with a term during 91 days, the fees charged are as follows:
Monthly interest rate : 25% / 12 = 2.08%
Monthly interest : ksh 20,000 * 2.08% = ksh416
Total monthly payment :ksh20,000 / 3 + ksh 416 = ksh7082.67
total repayment bill including principle and interest shall be:
ksh 20,000.00 + ksh20,000* 2.08%*3= ksh 21,248
Advantages Of Using Zash Loan
• No Credit report required
• Paperless and digital process on your mobile
• No collateral requirements
• Get 7/24 access to loan 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 gradually increases
• Variety of convenient repayment methods
• Can apply for loan extension if you don’t have enough money to repay
Loan Eligibility
• Kenya Resident
• 18-60 years old
• has a source of income.
Loan Repayment
• through our M-pesa Paybill 733555 and the account no. is the mpesa phone number you sign up with/ through our APP M-pesa express
• enter the amount you pay and enter the pin of M-pesa
• good repayment will increase your credit score
Contacts
Address: One Padmore Place,George Padmore Road,Nairobi City,Kenya
You can learn more about loan apps in Kenya from this website