Kakitu Loan Penalties For Late Repayments
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Kakitu loan app is offered by Kakitu LLC. The mobile loan app is available on the Google Playstore and is accessible to all Kenyans and has over 10K+ downloads as well as a 2.5/5 star rating with 400+ reviews.
Kakitu loans range from a minimum of Ksh 300 to a maximum of Ksh 10,000 with fee charges ranging from 5% to 30% depending on the loan duration i.e 7% ( 2 days ), 14% ( 5 days ), 21% ( 14 days ) and 30% ( 25 days )
Failure to repay the loan upon due date will be penalized as per Kakitu’s Terms and Conditions.