The Hakika Loans App was developed with the intention of delivering to its customers a reliable lending platform that provides a hassle-free and risk-free method of gaining access to financial resources.
The software allows users to apply for loans of up to Ksh 80,000 in as little as three easy steps, and they may do so without leaving the convenience of their own homes.
The Hakika Loans App is meant to give customers with a quick and effective method of borrowing money by eliminating the requirement that they submit collateral, prepayment fees, or make physical visits.
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Why Choose Hakika Loans App?
Safe and Trustworthy
At Hakika Loans App, the primary focus is on reliability and the worry-free use of money. They understand the importance of providing users with secure lending channels, ensuring that their personal and financial information remains protected.
By adhering to stringent security measures, we have established ourselves as a lending platform that users can trust.
Low-Interest Loan Products
Unlike many other lending apps, Hakika Loans App sets the bar high when it comes to interest rates. They prioritize providing their users with high-quality, low-interest loan products that are tailored to their specific needs.
By offering competitive interest rates, they aim to alleviate the financial burden on their users and promote responsible borrowing.
Quick and Convenient
When financial needs arise, time is of the essence. Hakika Loans App understands the urgency of these situations, which is why they strive to provide a fast and hassle-free borrowing experience.
With the app, users can apply for a loan on the same day and receive the funds directly into their accounts without unnecessary delays or paperwork.
Diverse Range of Scenarios
Whether you require funds for working capital, credit card bills, medical treatments, travel expenses, education expenses, birthday parties, daily necessities, house decoration, or any other financial need, Hakika Loans App is here to help.
They cater to various scenarios, ensuring that individuals from all walks of life can benefit from our lending services.
Categories of Users Who Benefit from Hakika Loans App
- Mothers in Need: If you are a mother in need of financial assistance during the postpartum period, Hakika Loans App can provide a reliable solution. Whether it’s purchasing milk powder or covering other expenses, we have you covered.
- Undergraduates: As a student, you may face financial pressures or have aspirations for further studies. Hakika Loans App can help you bridge the gap by offering financial support. You can use the funds to buy gifts for your loved ones or fulfill any other financial requirements.
- Self-Employed Entrepreneurs: For self-employed individuals, managing capital turnover can be challenging. With Hakika Loans App, you can easily address this issue and ensure the smooth operation of your business.
- Low-Income Blue-Collar Workers: If you are a low-income blue-collar worker struggling with your children’s living expenses or house decoration costs, Hakika Loans App provides a viable solution to alleviate your financial burden.
- Low-Income White-Collar Workers: Daily necessities and electronic equipment needs can put a strain on your finances. Hakika Loans App offers a lifeline to low-income white-collar workers, helping them overcome these challenges.
Features of Hakika Loans App Loans
24/7 Online Application
With Hakika Loans App, you can apply for a loan anytime, anywhere. The online application process eliminates the need for face-to-face interactions and streamlines the borrowing process. It ensure a hassle-free experience without unnecessary follow-up calls or harassment.
Accessibility
All you need to apply for a loan through Hakika Loans App is a mobile phone. As long as you have a mobile device, you can access our app and submit your loan application conveniently.
Low Interest Rates
At Hakika Loans App, they believe in providing fair and affordable loan options to our users. For example, if you borrow Ksh 10,000, the interest rate would be as low as 0.05%. They aim to keep the interest rates as minimal as possible, ensuring that borrowing does not become a burden.
Convenient Repayment Options
Repaying your loan is made simple and convenient with Hakika Loans App. You can choose to make repayments online or offline, providing flexibility and ease of use. The repayment system allows you to settle your dues anytime, anywhere, ensuring that you stay on track with your financial obligations.
Hakika Loans App Product Description
- Age: To be eligible for a loan through Hakika Loans App, you must be over 18 years old.
- Loan Amount: Our loan amounts range from Ksh 1,500.00 to Ksh 12,000.00, offering flexibility to meet different financial needs.
- Loan Term: The loan term can vary from 91 days (including renewal time) to 365 days (including renewal time), giving borrowers ample time to repay their loans comfortably.
- Interest Rate: The maximum interest rate charged by Hakika Loans App is 18% per year, which translates to a daily interest rate of 0.05%.
Loan Calculation Example
Let’s consider an example to understand the loan calculation:
- Loan Limit: Ksh 2,000.00
- Loan Period: 120 days
In this case, the total interest to be paid would be calculated as follows:
- Total Interest = Loan Amount * Daily Interest Rate * Loan Period
- Total Interest = Ksh 2,000.00 * 0.05% * 120 = Ksh 120.00
- Monthly Interest = Loan Amount * Daily Interest Rate * 30
- Monthly Interest = Ksh 2,000.00 * 0.05% * 30 = Ksh 30.00
- Monthly Repayment = Loan Amount / Number of Months + Monthly Interest
- Monthly Repayment = Ksh 2,000.00 / 4 + Ksh 30.00 = Ksh 530.00
- Total Repayment = Loan Amount + Total Interest
- Total Repayment = Ksh 2,000.00 + Ksh 120.00 = Ksh 2,120.00
Activities to Reduce Loan Pressure
Hakika Loans App values its users and strives to provide additional benefits to reduce loan pressure. They offer the following activity to our users:
- Newcomer’s Big Gift Package: As a new user, you can avail yourself of a coupon worth Ksh 120 by simply logging into the app. This activity is designed to make your borrowing experience even more rewarding.
Convenient Repayment Methods
They understand the importance of providing flexible repayment options to their users. Hakika Loans App supports multiple channels for repayment, including:
- Mpesa: The app integrates with Mpesa, allowing you to repay your loan through various methods such as e-wallet and online banking.
- Convenience Stores: They facilitate repayment through convenience stores, making it convenient for users to settle their dues.
- Bank Transfers and Online Banking: Hakika Loans App also accepts repayments through bank transfers and online banking, providing a wide range of options to suit different user preferences.
Contact Hakika Loans App
If you have any questions or require assistance with using Hakika Loans App, their dedicated customer support team is available to help you. You can reach them through the following channels:
- Working Hours: The support team is available from 8 am to 5 pm (Monday – Saturday).
- Consumer Hotline: You can contact via consumer hotline at +254207903685.
Conclusion
Hakika Loans App is dedicated to providing users with a reliable, hassle-free, and secure lending platform.
With their user-friendly interface, low interest rates, and convenient repayment options, we aim to empower individuals facing financial challenges and provide them with the means to overcome their immediate monetary needs.
Whether you are a mother in need, a student with aspirations, a self-employed entrepreneur, or a low-income worker, Hakika Loans App is here to support you in your financial journey.
Borrow with confidence and experience worry-free money management with Hakika Loans App.