Okolea Loan App, Application, PayBill Number, App Download, and Customer Care Contacts

Okolea Loan App, Application, PayBill Number, App Download, and Customer Care Contacts

Okolea Loan App, Application, PayBill Number, App Download, and Customer Care Contacts

When in an emergency, you want a financial provider who will help meet your needs within the shortest time possible. The good thing is that there are many online lenders that offer loans instantly, and you can borrow low amounts of money.

Provided you take time to research these lenders, you can be sure that your needs will be met by the appropriate service provider. Okolea loan app is one financial service that you can consider if you’re thinking of applying a loan with an online lender. For a better understanding, below is how this app works.

Okolea Loan Application

Before attempting to apply for a loan with Okolea loan app, ensure you meet the requirements below:

  • Own an android smartphone.
  • Be aged 18 years and above.
  • Be subscribed to Safaricom.
  • Possess a national ID.

To Download the Okolea loan app, follow the steps below:

  • Visit Google Play Store.
  • Search the app.
  • Click install, and give it a few seconds to download.

After downloading the app, launch it and input your personal details as prompted. Ensure to provide accurate details as they’ll play a part in determining your loan limit and repayment ability.

 

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Repay your loan on time by following these simple steps:
  1. Open your Safaricom Toolkit.
  2. Launch M-pesa menu.
  3. Select PayBill.
  4. Enter the business number, 245316.
  5. Enter the account number, which should be your phone number.
  6. Input the amount you want to repay.
  7. Add your M-pesa pin number.
  8. Click ok to complete the transaction.

Below are the features that come with loans from Okolea:

  1. Repayment period – no minimum repayment period but the maximum period is 1 year.
  2. Loan amount – ranges from Ksh 500 to Ksh 500,000.
  3. Interest rate – depending on the period you take to repay your loan, interest rates may range from 0.6% to 180%.
  4. Service fee – a one-time fee of 0.4% to 2.5% of the borrowed amount.
Okolea Loan App Customer Care Contacts

Email address: [email protected]

Phone number: 0709165000

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