Pesa Go Loan App is a personal mobile money lending platform in Kenya that is operated by BECALOB CREDIT LIMITED and provides borrowers with quick access to low-interest loans.
Pesa Go helps those in need of financial assistance by offering loans in a variety of sums and with a number of different repayment schedules.
We’ll go over the basics of the Pesa Go Loan App, including where to find it, how to apply for a loan, how to pay it back with M-Pesa, and who to contact if you have any questions.
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Pesa Go Loan App Interest Rates and Loan Limits
Pesa Go offers loan amounts ranging from KES 1,200 to a maximum of KES 100,000, which are disbursed instantly and directly to the borrower’s M-Pesa account.
The loan limit provided to borrowers is determined based on various factors, including their creditworthiness and repayment history. However, borrowers are not allowed to exceed the loan limit provided by the app.
The interest rate charged by Pesa Go is a maximum of 24% per year, which is relatively low compared to traditional lending institutions.
The lender charges a service fee ranging from 2% to 8% of the loan amount. These fees are clearly stated during the loan application process, ensuring transparency for borrowers.
Downloading the Pesa Go Loan App
To access loans from Pesa Go, you need to download the Pesa Go Loan App from the Google Play Store.
Simply search for “Pesa Go Loan App” in the Play Store and click on the download button to initiate the installation process.
Once the app is downloaded and installed on your mobile device, you can proceed to create your account.
Pesa Go Loan App Loan Application
After installing the Pesa Go Loan App, you will need to create an account to start using the platform.
Launch the app and follow the registration process, which typically involves providing your personal information, and contact details, and agreeing to the terms and conditions of the lender.
Ensure that you provide accurate information to expedite the verification process. Once your account is successfully created, the Pesa Go Loan App will evaluate your eligibility for a loan.
Based on your financial profile, creditworthiness, and repayment history, the app will determine your loan limit. This limit represents the maximum amount you can borrow from Pesa Go.
Repayment Options via M-Pesa
The repayment duration for Pesa Go loans ranges from 91 days to 365 days, providing borrowers with a flexible timeline to repay their loans.
When the loan becomes due, borrowers can easily make the repayment within the app itself. There is no need to use a Pesa Go M-Pesa paybill number or any external payment method.
Pesa Go Loan App integrates seamlessly with M-Pesa, the popular mobile money service in Kenya. Borrowers can link their M-Pesa account to the Pesa Go Loan App, allowing for direct loan disbursements and repayments.
This convenient feature eliminates the need for manual transactions and ensures a smooth borrowing experience for users.
Contacting Pesa Go Loan App
If you have any questions, concerns, or inquiries regarding the Pesa Go Loan App, you can contact the customer support team via email at pesagocs@gmail.com.
While there are currently no mobile phone numbers available for direct contact, the dedicated email address allows users to seek assistance and receive prompt responses.
Conclusion
The Pesa Go Loan App offers a convenient and accessible solution for borrowers in Kenya who require fast and affordable loans.
With its user-friendly interface, instant loan disbursements, and flexible repayment options, Pesa Go provides financial support to individuals in need.
By leveraging the power of mobile technology and integrating with M-Pesa, Pesa Go simplifies the borrowing process, making it easier for users to access the funds they require.
Download the Pesa Go Loan App today and experience the benefits of this innovative mobile money lending platform.
