iPesa Loan Penalties For Late Repayments
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IPesa is a loan app offered by XCredit. The 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.
Loan sizes range from as low as Ksh 2,000 to a maximum of Ksh.10,000 at a 15% rate.
The loans provided are repayable within 14 days from the date of disbursement.
Failure to repay the loan within the stated period, will result in iPesa penalizing as per their Terms and Conditions.