Okash loan app is offered by OneSpot Technology Investment Ltd. The mobile loan app is available on the Google Playstore and is accessible to all Kenyans and has over 1M+ downloads as well as a 4.1/5 star rating with 58K+ reviews.
OKash offers a minimum loan of Ksh. 2500 to a maximum of Ksh.50,000 for the pilot phase and may increase up to Ksh 500,000.
Its fee rates are dependent on loan duration i.e 29 day loans are charged at 23.2% , 22 day loans are charged at 17.6% and 15 day loans are charged at 15%.
Failure to repay the loan within the stated period, Okash will act as per their Terms and Conditions.