Cash Berry is a mobile loan app that provides quick and convenient loans to Kenyan citizens who are 18+ years old and have a valid ID and mobile number.
With thousands of happy customers, Cash Berry is a trusted financial partner that offers always-ready cash loans up to KSh 50,000 on your own terms with affordable fees.
Contents
Loan App Features
Affordable
Cash Berry offers affordable and transparent pricing with fees as low as 12.5%. You can choose a repayment date when you know you’ll have cash to be set up for success.
Fast
With Cash Berry, you can apply in minutes and get an instant decision. If approved, you can get your money straight to your MPESA.
Convenient
You can apply 24/7 in our easy-to-use app without any paperwork, collateral, or bank account needed. Cash is sent directly to your MPESA.
Financial Control
Every time you borrow, you can choose up to 180 days to pay back. We provide friendly, understanding, compassionate customer experience and access to extensive libraries of tailored educational content, in-person and online communities to connect and learn from other users.
Back-to-Back Access
Cash Berry offers repeat access to cash. Just pay back what you owe in full before borrowing again (some exclusions apply). You only need to answer a few questions in the app to get started.
Secure
Trusted by millions, Cash Berry secures your personal information with SSL encryption.
Long-Term Growth
Cash Berry provides limits up to KSh 50,000, and most customers double or triple their limit in a matter of months.
Rewarding
You can earn KSh 200 off the next time you borrow when you refer friends to Cash Berry!*
How Cash Berry Works
To get started with Cash Berry, you need to download the app and provide the necessary information to verify your identity and creditworthiness.
After that, you can fill out a short application and confirm your desired loan amount and due date. If approved, you can receive your funds directly to your MPESA.
You can easily repay your loan anytime and anywhere through our paybill, and after repaying in full, you can provide us with a little more information to get the best possible limit and fees for your next loan. Then receive the next round of funds to your MPESA again.
Loan Eligibility Requirements
To be eligible for a loan with Cash Berry, you must be a Kenyan citizen who is 18+ years old and has a valid ID and a mobile number.
Loan Interest Rates And Calculations
Cash Berry offers loans ranging from KSh 500 to KSh 50,000 with the shortest tenure being 91 days and the longest being 180 days. The interest rate is 12% APR, and there is no service fee.
A representative example of the total cost of the loan, including all applicable fees, is as follows:
If you borrow KSh 6,000 with a loan term of 91 days, the interest rate is 12%. Therefore, the total interest should be KSh 6,000 * 12% = KSh 720. Hence, the total loan amount payable at the end of the 91 days is KSh 6,720. There are no monthly charges, and the effective APR is 16.5%.
Recurring Loan Terms
With Cash Berry, you can choose your own repayment terms. Every cash amount we offer is eligible for a 91 or 180 day repayment period.
In conclusion, Cash Berry Loan App provides affordable, fast, and convenient loans to Kenyan citizens who are in need of financial assistance. With transparent pricing and easy-to-use features, you can easily take control of your financial situation and achieve your goals.
Cash Berry’s customer-centric approach ensures that you have access to educational content and communities to help you learn and grow financially. Moreover, with the back-to-back access feature, you can easily borrow again after repaying in full.
The loan eligibility requirements are straightforward, and the loan interest rates and calculations are transparent, making Cash Berry a reliable and trustworthy financial partner.
Conclusion
In summary, if you are in need of a quick and convenient loan in Kenya, Cash Berry Loan App is an excellent option to consider. With its affordable fees, fast application process, and convenient repayment options, Cash Berry has helped thousands of customers advance their lives and achieve their financial goals. Download the app today and take control of your finances!