How To apply for a loan on IPESA,
To apply for a loan you just need to follow several easy steps:
- Download the app here.
- Register with your M-Pesa number
- Apply for the exact loan amount you need
- Get approved and receive the money in minutes
- Repay on time to get a credit limit of 50,000 Ksh
Privacy and Permissions: iPesa makes getting a personal loan simple by using the data on your phone including your SMS history to verify your identity and create a credit score. We encrypt the data you choose to share with us to protect your privacy. We take your privacy very seriously and promise to never share your information with third parties.
loan limits and desbursments
1. Loan Amount: 500 Ksh ~ 50,000 Ksh
2. Loan Term: the shortest tenor is 91 days, the longest is 180 days
3. Interest rate: 12% APR
4. Service Fee: 0%
5. Loan request: Need to be at least 18 years old or above
**Example: If the loan amount is 500 Ksh, the loan term is 180days, and the Interest rate is 12%, the total Interest should be 500 Ksh * 12% = 60 Ksh.
Facebook page: https://www.facebook.com/iPesaKenya/
office address: ADLIFE PLAZA, CHANIA AVENUE, NAIROBI