Pezesha Loan Penalties For Late Repayments

Pezesha loan app is offered by Pezesha Africa Ltd. The mobile loan app is available on the Apple Store and Google Playstore. It is accessible to all Kenyans and has over 50K+ downloads as well as a 3.3/5 star rating with 800+ reviews in the Playstore.

Pezesha loan amounts range from Ksh 500 to a maximum of Ksh 20,000 with loan increments being dependent on historical timely loan repayments.

Fee charged ranges between 8% – 25% and is highly dependent on the loan amount and are to be repaid within a period of 30 days from the date of disbursement.

Failure to repay the Pezesha loan within the stated period, will result in Pezesha penalizing as per their Terms and Conditions.