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Home » PesaNow Loan App: Fast and Affordable Loans

PesaNow Loan App: Fast and Affordable Loans

Do you find yourself in need of money quickly? PesaNow App is a personal mobile loan platform that provides loans that are both quick and affordable through Mpesa.

The lender is managed by Tech Links and offers loans starting from ksh 2,000 up to a maximum of ksh 100,000, with the funds being transferred immediately to the Mpesa account of the applicant.

Interest Rates and Loan Limits

Pesa Now may impose an interest rate that is as high as 36% annual percentage rate (APR) or 3% each month, whichever is greater.

If you take out a loan for 10,000 Kenyan Shillings and pay it back within three months, you will be expected to pay back 10,900 Kenyan Shillings. The lender will allow for a repayment period of up to one hundred eighty days.

How to Apply for PesaNow Loans

You will need to download the PesaNow app from the Google Play store and set up an account before you can begin applying for loans from this lender.

The application procedure is very easy to understand and can be finished in a matter of minutes. Your credit score and your history of making repayments are two of the criteria that the lender will consider when deciding whether or not to extend you a loan.

How to Repay PesaNow Loans

PesaNow loans have a range of possible durations for the payback period, starting at 91 days and going up to 180 days.

Borrowers do not need to provide their PesaNow Paybill number in order to make payments from within the app on the day that the loan is scheduled to be repaid.

PesaNow Contacts

In case of any inquiries, you can contact Pesa Now through the following ways:

With PesaNow App, you can access fast, convenient, and affordable loans at your fingertips. Download the app today and get your loan in minutes.

Browse through other Loan Apps in Kenye here.