Are you in need of some extra cash to cover unexpected expenses, pay for a course, upgrade your lifestyle or scale your business? Look no further than LCash – Quick Loan in Kenya.
This app, developed by Warmsun International, offers personal loans with flexible repayment schedules and low interest rates. In this article, we will take a closer look at LCash and its features.
Contents
Getting Started with LCash
Getting started with LCash is easy. Simply download the app from the app store and register for an account using your M-Pesa number. Once you have registered, you can secure your identity in three simple steps through the app.
After your identity has been verified, you can apply for a loan and have the money sent directly to your M-Pesa account.
Loan Requirements
To be eligible for a loan with LCash, you must be a Kenyan citizen between the ages of 20 and 60 and hold a Kenyan ID. Once you meet these requirements, you can apply for a loan of between KES 2000 and KES 50,000 with a loan term ranging from 91 to 365 days.
Rates and Fees
LCash offers a competitive interest rate of 16% APR and does not charge a service fee. For example, if you borrow KES 2000 for 180 days, the total interest charged would be KES 240.
Other Benefits
In addition to low interest rates and flexible repayment schedules, LCash also offers a fully digital loan application process.
You can apply for a loan from anywhere and at any time, making it easy to get the funds you need when you need them.
LCash also offers a referral program that rewards users for referring their friends and family. The more referrals you make, the more rewards you can earn.
Safety and Security
LCash takes privacy and security seriously. When you download the app, you will be asked for permission to access the data on your phone, including your SMS history and other information, in order to verify your identity and create a credit score.
Rest assured that your personal information will never be shared without your direct permission.
Contacting LCash
If you have any questions or concerns about LCash, the company is easy to reach.
You can email support@l-cash.co or message them on
WhatsApp at +254 112130322.
Their address is Muthangari Dr, Nairobi, Kenya.
Conclusion
If you’re in need of a quick and easy loan in Kenya, LCash is a great option to consider. With low interest rates, flexible repayment schedules, and a fully digital loan application process, LCash makes it easy to get the funds you need when you need them.