KeCredit-Reliable Online Loans

KeCredit offers online lending services to customers in Kenya.

The Personal Loan Product features include:

• Loan Amount: from KES 2000 to KES 50,000
• Minimum repayment period: 91 days
• Maximum repayment period: 365 days
• Service Fee: One-time charge ranging from 3% to 8%, from KES 60 to KES 160
• Interest Fee: 16% to 30%
• Minimum Annual Percentage Rate (APR): 67.2%
• Maximum Annual Percentage Rate (APR): 128.3%

Customers can increase their loan limit up to KSh 50,000 by making timely repayments.

Representative Example:

If you apply for a loan with a period of 180 days, Loan Principal of KES 5000, Interest Fee Rate of 18%, Service Fee Rate of 3%, the Annual Percentage Rate (APR) will be 39.5%.

Loan Details:

• Loan Principal: KES 5000 (180 days)
• Interest Fee: KES 900 (KES 5000 * 18%)
• Service Fee: KES 150 (KES 5000 * 3%)

Total Fees: KES 1050 (KES 900 + KES 150)

Total Repayment Amount: KES 6050 (KES 5000 + KES 900 + KES 150)

Privacy Disclosure:

Data used for loan approval is secured and not shared with third parties without consent. All transactions are encrypted using a secure HTTPS connection.

Reasons to Choose KeCredit for Personal Loans:

• No credit report required
• Straightforward digital application process
• No collateral needed
• Access loans around the clock and nationwide
• Fast disbursement directly to M-PESA in just one minute upon approval
• Increasing loan limits as credit score improves
• Flexible repayment methods
• Possibility to apply for a loan extension if needed

Eligibility Criteria for Personal Loans:

• Kenyan Resident
• Aged between 20-60 years old
• Must have a stable source of income

Repayment Instructions:

• Possible ways to repay: M-PESA Paybill 4081643 or through the APP M-PESA express using the account linked to your phone number.</lli>
• To increase credit score, ensure timely repayments.

Contact Information:

Email us at [email protected] for any feedback or inquiries.

Address:

Airport Drive, Le Mac Building, 6th Floor, Office 3B, Nairobi Kenya.