IPesa loan app is offered by XCredit. The iPesa loan app is available on the Google Playstore and is accessible to all Kenyans and has over 500K+ downloads in addition to a 3.9/5 star rating with 3.8K+ reviews.
IPESA LOAN REQUIREMENTS
All one need for eligibility is an a Safaricom phone number, be at least 18 years of age who possesses a valid National ID.
Additionally, the ipesa loan app requires access to your phone data in order to determine your eligibility.
IPESA LOAN APP DOWNLOAD
Download, install and launch the ipesa loan app.
Input your phone number and click on ‘Click to get’ to receive an OTP code via SMS that you will use to Login/Register.
IPESA LOAN AMOUNT LIMITS
Ipesa loan app loans range from as low as Ksh2,000 to a maximum of Ksh10,000
IPESA LOAN INTEREST RATE
The Ipesa interest rate is charged at 15%
IPESA LOAN REPAYMENT DURATION
The ipesa loans provided are repayable within 14 days from the date of disbursement.
REPAY IPESA LOAN USING IPESA PAYBILL NUMBER
To make a repayment for the ipesa loan, follow these steps:
1. Navigate to M-Pesa in your Safaricom menu on your phone
2. Select Lipa na M-PESA
3. Choose the Paybill option
4. Enter the Paybill number 192010
5. For account number, enter your M-Pesa number on which you registered with.
6. Enter your repayment amount
7. Enter your M-PESA pin
8. Confirm that all details are correct and press ‘OK’.
IPESA LOAN APP PERMISSIONS
This IPesa loan app has access to:
- Contacts- read your contacts and modify your contacts
- Location- approximate location (network-based) and precise location (GPS and network-based)
- Phone- read phone status and identity
- Photos/Media/Files- read the contents of your USB storage and modify or delete the contents of your USB storage
- Storage- read the contents of your USB storage and modify or delete the contents of your USB storage
- Camera- take pictures and videos
- Wi-Fi connection information- view Wi-Fi connections
- Device ID & call information- read phone status and identity
- Receive data from Internet
- View network connections
- Connect and disconnect from Wi-Fi
- Full network access
Prevent device from sleeping
Late IPesa loan repayments automatically incur a fee of 2% per day as well as inability to get subsequent or larger IPesa loans.
IPESA LOAN OVER PAYMENTS
After reconciliation of all payments, excess funds will be reversed to your M-PESA account within 15 days.
Phone: 0757 222 979