In Kenya, the need for quick loans has increased significantly in recent years. People need loans for various reasons, from emergencies to business capital.
Opesa Loan App is one of the solutions to these credit needs. Developed by Tenspot Kenya Limited, Opesa is a mobile loan application that offers fast loans to M-Pesa users in Kenya.
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How it Works
One of the main advantages of Opesa Loan App is that it provides loans without requiring collateral or any paperwork.
To qualify for a loan, you only need the Opesa app, an M-Pesa registered mobile number, and a good credit score from CRB Kenya.
The app also requires a good smartphone with a minimum Android version 4.0.3 and above to download and install.
The loan application process is simple and easy to follow. Once you have downloaded and installed the app from the Google Play store, open it and register using your M-Pesa number.
Then, apply for the loan amount that you need. If your loan application is approved, your loan will be disbursed immediately to your M-Pesa account.
Loan Requirements and Amounts
The minimum loan amount that you can borrow from Opesa is Ksh 500, while the maximum is Ksh 30,000. The loans usually have two repayment periods of 91 – 365 days, depending on the amount loaned.
The app also offers varying interest rates on all loan products depending on the loan amount requested and duration.
Opesa App Downloads and Ratings
Opesa Loan App has a size of 3.5 MB and boasts slightly over 1,000,000+ downloads on the Play Store, coupled with a star rating of 4.2.
The star rating was brought about by reviews from 27,716 users. This means that the app is widely accepted and trusted by many Kenyans.
Opesa App Contacts
In case you have any queries, you may contact the Opesa support team through various methods.
You may reach them via their email at help@o-pesa.com or on phone through +254-207650999.
You may contact them via their social media page on Facebook.com.
Conclusion
Opesa Loan App is a reliable solution to your credit needs. With its simple loan application process and fast loan disbursement, it offers convenience to M-Pesa users in Kenya.
The app’s high rating on the Play Store is evidence of its credibility and efficiency. However, it is important to borrow responsibly and pay back the loans on time to avoid penalties and damage to your credit score.