Bawa Loan App is a mobile money lending platform that provides fast personal loans to borrowers in Kenya.
The app is managed by Bawa Credit Services Ltd, a company dedicated to providing accessible financial solutions to Kenyans.
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Interest Rates and Limits
Bawa Loan App offers loans based on the borrower’s creditworthiness, with no minimum or maximum loan amount disclosed currently.
Borrowers should take note of the interest rate charged by the app, which is a maximum annual percentage of 14%.
The app charges some fees, and also contains ads, as reported by Google Play Store and reviewers.
How to Apply for Bawa Loans
To start using the app, borrowers need to download Bawa Loan App from Google Play Store and create an account.
The application process is simple and straightforward, and borrowers can receive their loans within a short time.
Once approved, the loan amount is credited directly to the borrower’s mobile money account.
How to Repay Bawa Loans
Borrowers can repay their Bawa Loans from within the app when loans are due for payment, without using Bawa Loan App mpesa paybill number.
The loan repayment duration is usually between 90 days and 365 days, providing flexibility to borrowers. It is crucial to repay loans on time to avoid penalties and late fees.
Customer Support
Bawa Credit Services Ltd provides excellent customer support through their email address bawaserviceslimited@gmail.com.
Customers can reach out to the company for any inquiries or issues with their loans.
Conclusion
Bawa Loan App is an excellent mobile money lending platform for Kenyans who need fast and convenient personal loans.
With a maximum annual percentage rate of 14%, borrowers can access affordable loans to meet their financial needs. It is important to remember that loans must be repaid on time to avoid penalties and late fees.
Overall, Bawa Loan App is an excellent option for those who need quick access to personal loans in Kenya. With a user-friendly interface and efficient loan application process, borrowers can receive their loans in no time.