L-Pesa Loan App [2023]- How To Apply, Repay, Interest rate, Contacts.

L-Pesa loan app

L-Pesa loan app is offered by L-Pesa Microfinance. The L-Pesa loan app is available on the Google Playstore and is accessible to all Kenyans and has over 50K+ downloads as well as a 3.6/5 star rating with 300+ reviews.

L-PESA LOAN REQUIREMENTS

To qualify for an L-Pesa loan, one requires 6 months history with M-PESA or Airtel and a minimum of 10 transactions performed on your mobile banking account.

L-PESA LOAN APP DOWNLOAD

Download, install and launch the L-Pesa app.

Upon launch, you will be required to complete the registration steps which include:

Step 1: Input your phone number as well as email address.

Step 2: Submit your selfie

Step 3: Input your Full name and the verification code ( sent to email address submitted in step 1 )

Step 4: Requires details of either your Passport, Driving license, National ID or Voter ID and lastly a photograph of your ID with all personal details legible.

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L-PESA LOAN AMOUNT LIMITS

L-Pesa loan app loan limits vary with a minimum of Ksh100 and the maximum of Ksh 70,000.

L-PESA LOAN INTEREST RATE

L-Pesa loan app interest rates range between 13%-29%

L-PESA LOAN REPAYMENT DURATION

L-Pesa loan app repayment is done weekly.

REPAY L-PESA LOAN USING L-PESA PAYBILL NUMBER

To make a L-Pesa loan app repayment, 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 715489
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’.

See also  🇰🇪 InstaPesa Loan App [2023]- How To Apply, Repay, Interest rate, Contacts.

L-PESA LOAN APP PERMISSIONS

The L-Pesa loan app has access to:

  • 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

Other

  • Receive data from Internet
  • View network connections
  • Full network access
  • Prevent device from sleeping

L-PESA LOAN LATE REPAYMENT PENALTIES

L-Pesa only provides one chance. If you do not repay your loan on time, you will lose your access to cash, and your credit score with L-Pesa shall go down to Zero.

L-PESA LOAN CONTACTS

Phone: 0743 300 689

Email: info@l-pesa.com

Facebook: https://www.facebook.com/lpesacareske

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6 Responses

  1. David mwangi shaban says:

    I need first loan now of 1200 for domestic affairs

  2. Nantamu moses says:

    Is that interest rate annually or monthly

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