KesMall is an online loan platform that provides fast and easy access to loans for Kenyan citizens. With KesMall, customers can apply for loans anywhere, anytime using their smartphones.
This article will discuss the advantages of KesMall, its product features, and the steps to apply for a loan on the app.
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Advantages of KesMall
KesMall offers several advantages over traditional lenders, making it an attractive option for people who need quick access to funds. Here are some of the key advantages of KesMall:
1. 100% online process & 24×7 access to loans
One of the main advantages of KesMall is that it offers a completely online loan application process. Customers can apply for a loan using their smartphone from anywhere, at any time. This means that there’s no need to visit a physical branch or wait in long lines to get a loan.
2. High initial loan amount
KesMall offers loan amounts ranging from Kes. 2,000 to Kes. 100,000. This makes it a good option for people who need a larger amount of money than what is typically offered by other online lenders.
3. Long loan tenure
KesMall offers loan tenures ranging from 91 days to 365 days. This gives customers the flexibility to choose a repayment period that works best for them.
Product Features
KesMall offers several product features that make it a good option for people looking for a quick and easy way to get a loan. Here are some of the key product features of KesMall:
1. Loans Amount
KesMall offers loans ranging from Kes. 2,000 to Kes. 100,000. This means that customers can borrow the amount that they need to cover their expenses.
2. Loan Tenure
KesMall offers loan tenures ranging from 91 days to 365 days. This means that customers can choose a repayment period that works best for them.
3. APR
The Annual Percentage Rate (APR) on KesMall loans can be up to 30%. This is a competitive rate compared to other lenders in the market.
4. Service Fee
KesMall charges a service fee of 1% to 8% on its loans. This fee is deducted from the loan amount before it is disbursed to the customer.
How to Apply for a Loan on KesMall
Applying for a loan on KesMall is a quick and easy process. Here are the steps to follow:
1. Download the KesMall app
The first step is to download the KesMall app from the Google Play Store and install it on your smartphone.
2. Register an account
Once the app is installed, you’ll need to register an account using your mobile number. This is a simple process that only takes a few minutes.
3. Fill in basic details
After registering, you’ll need to fill in some basic details, such as your name, address, and income. This information is used to determine your eligibility for a loan.
4. Receive approval and disbursement
Once you’ve submitted your application, the final result will be shown in the app. If approved, you’ll receive a text message via SMS and the loan amount will be disbursed into your M-Pesa account.
Customer Support
KesMall promises to keep its customers’ personal data safe. If you have any questions about using KesMall or need help with your application, you can contact the customer service team by email at shaikhkhwaja199@gmail.com
Or by visiting their office located at Harambee Estate House H-14 Laibon Court.
Conclusion
KesMall is a convenient and secure loan platform for Kenyan citizens. With its 100% online process and 24×7 access to loans, customers can apply for loans anywhere, anytime using their smartphones.
KesMall offers a high initial loan amount and long loan tenure, making it a good option for people who need larger loans with flexible repayment periods.
The app charges a competitive APR and a service fee that is deducted from the loan amount before it is disbursed to the customer.
Applying for a loan on KesMall is a simple and straightforward process that can be completed in just a few minutes. With its commitment to keeping customers’ personal data safe, KesMall is a trustworthy option for people looking for quick and easy access to loans.