Shika Loan Penalties For Late Repayments

shika late loan repayment

Shika loan app is offered by Alternative Circle. The mobile loan app is available on the Google Playstore and is accessible to all Kenyans and has over 100K+ downloads as well as a 3.6/5 star rating with 1.2K+ reviews in the Playstore.

Loan amounts range from Ksh 500 to a maximum of Ksh 20,000 with 15% interest rate and repayment terms set at 30 days.

Failure to repay the loan upon due date will be as stated in Shika’s Terms and Conditions.

shika loan late repayment



Categories: Loan Apps


2 replies


  1. Can’t Pay Mobile Loan On Time?? Here’s What To Expect From Various Lenders. – Konvigilante
  2. Shika Loan App [2020]- How To Apply, Repay, Interest rate, Contacts. – Konvigilante

Share your thoughts

%d bloggers like this: