It is not uncommon for even financially well-organized individuals to face financial limitations at some point during the month.
When faced with such a situation, quick access to short-term loans without the need for collateral becomes essential. In such cases, HELA PESA comes in as a highly convenient solution.
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What is HELA PESA?
HELA PESA is a mobile loaning application developed by Hela Capital Ltd. It provides clients with access to convenient and affordable short-term loan products anytime and anywhere.
The loan tenure ranges from 91 days to 365 days, with loan amounts ranging from Kes. 1,500 to Kes. 70,000. The maximum Annual Percentage Rate (APR) is 36%, with an origination fee ranging from Kes. 100 to Kes. 600.
The origination fee for a 91-day loan payment term is 8.7% of the loan amount. For instance, if a client processes a loan of Kes. 1,000 with a 91-day payment term, the origination fee would be Kes. 87, and the total amount due would be Kes. 1,087.
How to Access HELA PESA
Accessing HELA PESA’s loan services is easy. Clients need to download the HELA PESA app, complete the registration process, and wait for account activation.
Once the account is activated, clients will have access to their loan limit, which is the loan ceiling. The loan limit improves over time based on the client’s loan score, which is highly impacted by their payment history.
Clients can also switch between modules to activate and access other products such as salary advances, among others.
The Benefits of Using HELA PESA
HELA PESA offers several benefits to clients, including:
Convenience
Clients can access HELA PESA loans anytime and anywhere using their mobile devices. The loan application process is entirely online, making it more convenient for clients to apply for loans and manage their accounts.
Fast Disbursement
HELA PESA disburses loans quickly once the loan application is approved. The loan is deposited directly into the client’s mobile money account, enabling clients to access funds instantly.
No Collateral Required
Unlike traditional banks and other lending institutions that require collateral, HELA PESA does not require clients to provide any collateral to access loans.
This makes it easier for clients to access short-term loans without the hassle of providing collateral.
Secure Transactions
HELA PESA app provides a secure platform for loan transactions. The app uses advanced security measures to ensure that client data and transactions are highly secured.
Clients can be assured of a secure business environment when using HELA PESA.
Loan Limit Increase
HELA PESA clients can increase their loan limit over time by maintaining a good payment history.
This means that clients can access higher loan amounts as they continue to use the HELA PESA loan services.
Contact Us
To learn more about HELA PESA loan services, please contact Hela Capital Ltd at:
- Office location: Feruzi Towers, Fourth Floor, Wing A along Kiambu Road, Opposite Quickmart Supermarket
- P.O Box: 19619-00100, Nairobi
- Phone number: +254 207766666
- Email: info@helapesa.com
Conclusion
HELA PESA is a reliable and convenient loaning application that offers affordable short-term loans to clients. With HELA PESA, clients can access loans anytime and anywhere using their mobile devices.
The loan application process is entirely online, and loans are disbursed quickly once approved. HELA PESA is also secure, and client data and transactions are highly protected.
If you are in need of a short-term loan without providing collateral, HELA PESA is the perfect solution for you.