Wezesha Loan App is a mobile loan service provided by Exclusive887 that offers fast, efficient, and affordable loans to Kenyans.
The lender’s loans range from sh. 500 which is the minimum loan amount one can get to sh. 50,000 being the maximum loan provided by Wezesha.
The app has gained popularity in Kenya due to its simplicity, convenience, and flexibility.
In this article, we will discuss how Wezesha Loan App works, its loan limits, interest rates, charges and fees, how to download the app, how to repay Wezesha Loans, and customer care contacts.
Contents
How Wezesha Loan App Works
To access Wezesha Loan App, customers must first download the app from the Google Play Store. After downloading the app, customers are required to create a profile on the app.
Once the profile is created, the app will provide the customer with their loan limit. The loan limit is determined by the customer’s credit score, M-Pesa usage, and other factors.
After receiving the loan limit, the customer can then proceed to apply for the loan. The loan disbursement is made directly to the customer’s M-Pesa account.
Wezesha Loans – Loan Limits
Wezesha Loan App offers loans ranging from sh. 500 to sh. 50,000. The loan limit provided to each customer is determined by their credit score, M-Pesa usage, and other factors.
The maximum loan repayment period is one year after disbursement.
Wezesha Loans Interest, Charges, and Fees
Wezesha Loan App charges a one-time service fee of 0.4% to 2.5% of the principal amount borrowed by the customer. The interest rate charged on the loan taken is from 0.6% to 180% per annum depending on the time period chosen for loan repayment.
The lender also charges a late repayment fee which will never surpass the loan taken. Sometimes Wezesha may ask for registration fees from customers who are joining the service.
How To Download Wezesha Loan App APK
To download Wezesha Loan App, customers must go to the Google Play Store and search for Wezesha Loans. Once they find the app, they can download it and create a profile.
After creating the profile, the app will provide the customer with their loan limit, and they can then proceed to apply for the loan.
How To Repay Wezesha Loans
Wezesha Loan App is integrated with M-Pesa, and customers can make loan repayments within the app. Wezesha does not provide its M-Pesa Paybill number to customers.
Therefore, payment is done within the app. Customers can repay the loan using the M-Pesa account they used during registration.
Wezesha Loan Customer Care Contacts
Wezesha Loan App does not provide customer care contacts. However, the lender has an email address which customers can use to communicate with the lender.
The email address is wezeshafoundation01@gmail.com.
Customers can use this email address to ask questions, make inquiries, or file complaints.
Conclusion
Wezesha Loan App is a reliable and convenient mobile loan service provider in Kenya. The lender offers fast, efficient, and affordable loans to Kenyans.
The loan limits, interest rates, charges, and fees are reasonable and competitive. The integration with M-Pesa makes loan repayments easy and convenient for customers.
Wezesha Loan App needs to improve on customer care services by providing more channels for customers to contact them. Overall, Wezesha Loan App is a great option for Kenyans who need fast and affordable loans.