In today’s world, financial constraints can often be a huge burden on individuals and families. Emergencies or unexpected expenses can leave you scrambling for funds, which can be stressful and worrisome.
This is where Ezesha-Plus comes in, offering reliable loans to customers who feel financially constrained.
In this article, we’ll take a closer look at what Ezesha-Plus offers and how it can help you overcome financial hurdles.
The Loan Product
Ezesha-Plus offers loans with a repayment period of between 92 days and 365 days. Loan amounts start from 500 Ksh and go up to 100,000 Ksh.
The interest rate is fixed at 26%, which is reasonable compared to other loan products in the market. There is also a one-time account maintenance fee of between 100 Ksh and 250 Ksh.
One of the unique features of Ezesha-Plus is that the loan amount increases with early or timely repayments. This means that if you consistently pay your loan on time, you can qualify for higher loan amounts and lower interest rates.
This feature encourages responsible borrowing and timely repayments.
Let’s take an example to understand the loan product better. Suppose you take a loan for a period of 92 days, and the loan amount is 10,000 Ksh.
The total interest charged on this loan will be (26/100) x 10,000 = 2,600 Ksh. Therefore, the total amount to repay will be 10,000 Ksh + 2,600 Ksh = 12,600 Ksh.
Applying for a Loan
Applying for a loan on Ezesha-Plus is a simple process that can be completed in three easy steps.
- Create your account: To create your account, you need to download the Ezesha-Plus app from the Google Play Store. Once you have downloaded the app, you can create your account by providing your personal information such as your name, phone number, and email address.
- Confirm Identification Details: After creating your account, you will be required to confirm your identification details. This step is crucial as it verifies your identity, which is necessary for the loan application process.
- Apply for your loan: Once you have confirmed your identification details, you can apply for your loan by selecting the loan amount and repayment period that suits you best. After submitting your loan application, Ezesha-Plus will review your application and deposit the funds directly into your M-Pesa account.
Contact Us
At Ezesha-Plus, we are committed to providing excellent customer service. If you have any questions or concerns, you can contact us by emailing ezeshaplus2@gmail.com. We would be happy to assist you in any way we can.
Conclusion
Ezesha-Plus is a reliable loan product that can help you overcome financial constraints. With a simple loan application process and reasonable interest rates, Ezesha-Plus is a great option for those in need of financial assistance.
Moreover, the limit increase with early or timely repayments encourages responsible borrowing and timely repayments. So, if you find yourself in a financial bind, give Ezesha-Plus a try and see how it can help you.