The KesLoan app was developed for Kenyan citizens who are in a hurry and need cash. Customers can obtain secure and convenient loans from KesLoan by first installing the app from the Google Play store and then filling out an application in a few simple steps.
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Why Should You Go with KesLoan?
1. Loans with High Amounts, Ranging from KES 7,000 to KES 100,000
2. Long Loan Tenure: 91days ~ 365days
3. A straightforward application procedure
4. No hidden fees
Loan Eligibility Requirements
1. A Kenya Citizen
2. Between the ages of 18 and 60 years old
3. Regular or consistent source of revenue
Loan Acquisition Process
- Install the KesLoan app on your device, then register with your phone number.
- Identity Verification Within the App in Just Three Steps
- Watch for the verdict after the review.
- If accepted, wait for the money to be deposited into your M-Pesa account.
- Repay your loan
The Process of Figuring Out Interest Rates On Loans
1. Annual Percentage Rate: Up to 30 %
2.The service charge ranges between 2% and 8%.
If the loan amount is Kes20,000, the interest rate is 20% per annum, the duration is 180 days, and the services fee is 6%, then the interest that must be paid is calculated as follows after the processing fee has been deducted:
Interest = Kes20,000 * 20% / 365 * 180 = Kes1,973
And the service cost is equal to 20,000 times 6%, which is 1,200.
You will receive KES 20,000 and will be responsible for KES 23,172.
The amount that would be due each month would be KES 23,172 divided by 6 = KES 3,862
You may also have a look at the following:
- Okolea Loan App
- Zenka Loan App Kenya
- Lion Cash Loan App
- A-pesa Loan App
- Meta Loan App
- Direct Cash Loan App
- Sky Pesa Loan
- TiFi Slice Loan App
- Credit Moja Loan App
Make Inquiries With Customer Service
Email: service@kesloan.com
House 314 on Diamond Park Avena Road is the address.