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Patron Loan App

Are you facing a financial emergency and need an instant loan until your next salary? Are you tired of long and tedious loan applications and checks?

Patron Loans has got you covered. With the Patron Loans app, you can apply for an instant loan online and receive your funds in minutes.

Benefits of Patron Loans

  • No credit checks: Patron Loans does not require or check any credit or financial reports for you to borrow money. This means that even if you have a poor credit score, you can still access the loan you need.
  • No collateral required: With Patron Loans, you do not need to provide any collateral to receive a loan. This makes the loan process easier and faster.
  • Easy application process: You can apply for a loan on the Patron Loans app using your mobile phone. The loan application process is quick, and you can receive your funds within minutes.
  • Flexible repayment options: Patron Loans allows you to repay your loan at your own discretion. There is no fixed installment plan, and you can choose to repay the loan at any time.
  • Instant loan disbursement: Once your loan application is approved, the funds will be immediately credited to your M-PESA account. This means that you can access the money you need, whenever and wherever you need it.
  • Increased credit rating: If you repay your loan before the deadline, your credit rating will increase. This means that you will be able to borrow a greater amount in the future.

How to Apply for a Patron Loan

To apply for a Patron Loan, you must be a Kenyan resident between the ages of 18 and 60. Here’s how to apply:

  1. Download the Patron Loans app from the App Store or Google Play Store.
  2. Register on the app using your mobile phone number and M-PESA account.
  3. Select the loan amount you need and the loan term.
  4. Provide your personal information and employment details.
  5. Submit your loan application.
  6. Once your loan application is approved, the funds will be immediately credited to your M-PESA account.

Loan Amount and Terms

Patron Loans offers loans ranging from KSh 200 to KSh 15,000. The shortest loan term is 91 days, and the longest is 360 days. The Annual Percentage Rate (APR) ranges from 365% to 1825%.

For example, if you borrow KSh 5,000 for a loan term of 91 days at an interest rate of 1% per day (APR 365%), you will pay KSh 4600 in interest. The total amount payable will be KSh 9,600.

Security and Privacy

At Patron Loans, we take your security and privacy seriously. All data transmitted to us via the app is secured with a 128-bit SSL encryption.

We do not transfer any personal data to anyone without your consent, except for creditors. This means that your personal information is safe with us.

Conclusion

If you need an instant loan in Kenya, Patron Loans is the way to go. With no credit checks or collateral required, easy application process, and instant loan disbursement, Patron Loans makes accessing quick cash easier than ever before.

Download the Patron Loans app today and experience the convenience of instant loans.