Kesloan loan app is provided by Kesloan Finance.The Kesloan loan app can be downloaded from the Playstore, is accessible to all Kenyans and has over 100K+ downloads with a 4.1/5 star rating with 700+ reviews.
Kesloan Loan App Download And Registration
Download, install and launch the Kesloan loan app.
Accept the various permission requests which include access to contact list, financial SMS, phone details, installed apps, camera, location, 3rd party accounts, storage, media/photo files and calendar info.
Enter your active Safaricom M-PESA phone number to receive the OTP sent via SMS then click ‘Borrow Money Now’ again
Enter the required personal details such as names, gender, ID number, date of birth, education level, marital status, residential address & city, email address, contact referees and lastly employment status & income.
Finalize the registration process by submitting a photo of your ID card (front & back)
How To Apply For Kesloan
The loan application page contains details regarding the loan amount chosen. It entails the service/interest fee charged, amount to be repaid, amount to be received, loan tenure as well as loan limit amount.
Click ‘Borrow Money Now’ to accept the loan terms
After your credit score has been displayed, click ‘Continue’
Kesloan Loan Amount, Interest Rate And Repayment Duration.
Kesloan loan amount starts from Ksh2000 to be repaid after 7 days at a 30% interest rate.
Computation Of Loan Amount Applied vs Interest Rate vs Amount Received
|Amount applied (Ksh)||Interest (Ksh)||Amount to be received (Ksh)|
|2 000||600||1 400|
|5 000||1 500||3 500|
|7 000||2 100||4 900|
|10 000||3 000||7 000|
|15 000||4 500||10 500|
How To Contact Kesloan Customer Support
Phone: 0709 221 901 / 0703 787 777