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Timiza app lets users to gain access to several financial services via their phones. The services become instant financing, money transfers, and purchase insurance policies. Those who never supply the latest Timiza application normally dial *848# to join up and apply to own mobile financing of Absa Financial.

six. Department

Department is among loan apps for the Kenya versus CRB inspections. Membership is free of charge within and you may outside of the country. You can availableness doing Ksh.70,000 into the Department application through mobiles. Money are accepted in 24 hours or less off software, and there are not any hidden fees. Moreover, Department cannot costs late charges otherwise rollover charges.

seven. Shika

Shika is among the borrowing from the bank apps giving more than just money. It has cool features for txt messaging and offers the newest news on politics, sporting events, activity, etc. Shika application servers numerous lenders which promote credit in order to customers. Fund about this application was designed to fit startups for the farming, investment money, and you will charge discounting.

8. iPesa

iPesa mortgage application has the benefit of loans from Ksh. 500 so you’re able to Ksh. 50,100000 contained in this 91 days so you’re able to 180 months. Its yearly rate of interest is a dozen%, and also the software does not have service charges. Obtain the iPesa software with the cell phone, do the installation, register with your own Meters-Pesa count, and ask for a loan. Paying down their credit punctually slowly increases the loan restriction to around Ksh. 50,100.

9. Zenka

Of numerous borrowers in the Kenya love Zenka application. Read more

The application form usually takes just 5 minutes. Once we are content that your combined software is done we age go out.

In the event that a loan instalment doesn’t come in timely, we will notify one another consumers. This new costs could be compiled out of your selected bank account (this really is the account of your own earliest borrower except if decided otherwise) We’re going to constantly check for a solution towards basic borrower just before discussing percentage of the mortgage for the Joint Borrower. If we cannot collect a payment on the first debtor or a simple solution can’t be found, then shared debtor would-be called to help make the percentage. Read more