Shika Loan Penalties For Late Repayments
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Shika loan app is offered by Alternative Circle. The mobile loan app is available on the Google Playstore and is accessible to all Kenyans and has over 100K+ downloads as well as a 3.6/5 star rating with 1.2K+ reviews in the Playstore.
Loan amounts range from Ksh 500 to a maximum of Ksh 20,000 with 15% interest rate and repayment terms set at 30 days.
Failure to repay the loan upon due date will be as stated in Shika’s Terms and Conditions.
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