LoanPesa Loan App, Application, PayBill, App download, and Customer Care Contacts
LoanPesa is a lender targeting eligible Kenyans who need financial assistance. It’s purely digital, so you won’t have to endure a lot of paperwork or wait a long time before your loan can be approved.
Provided, you’re eligible for a loan at LoanPesa, the application process will be swift. If you don’t meet the requirements, you’ll receive communication of your ineligibility immediately, giving you time to consider other options. If you’re thinking about getting financial support from LoanPesa,
below is a review on how to do so, and increase the chances of your application being accepted.
LoanPesa Loan Application
To access LoanPesa services, you must have the app on your phone, so start by downloading it as below:
- Visit your phone’s Google Play Store.
- Type LoanPesa on the search bar and click on the search icon.
- On locating the app, click install, and wait a few seconds for it to download.
You can now launch the app and follow the steps below to create an account and apply for a loan:
- Click ‘Apply now’.
- Agree to the terms of using the app.
- Click Sign in/sign up.
- Enter your phone number.
- Enter the confirmation code that will be sent to your phone through SMS.
- Create a password and click Login.
- Allow the app to access information such as your contacts and SMSs.
Now that you have an account, proceed to apply for a loan as below:
- Navigate to the homepage and click ‘Apply now’.
- Enter your names, ID number, and email, and gender, date of birth, monthly income, employment status, outstanding loans, and payday, among other details as prompted.
- You’ll see your loan limit, interest rates, and repayment period displayed on the screen.
- Click on apply then submit your application for processing.
Below are the features that come with LoanPesa loan products:
- Repayment period – every loan is repayable within 14 days.
- Interest rate – ranges from 9% to 21%. Note that all additional fees will be deducted before the loan amount is sent to your phone.
- Loan amount – ranges from Ksh 1,000 to Ksh 5,000.
When repaying your loan, you can do so through the LoanPesa app, without having to use Mpesa PayBill.
LoanPesa Loan App Customer Care Contacts
Email Address: [email protected]
Phone number: 0201651333, 0712070030.
Physical Address: Woodvale Grove, Nairobi, Kenya.