KashWay loan app is a Safe lending platform that provides 24/7 mobile loan to customers who are eligible. This loan app allows you to apply for a loan in two steps and get money. It offers loans up to 50000 KSH at low interest rates in the most convenient and secure way.
It is very easy and hassle-free to apply for KashWay loan. You can do this with the help of your mobile phone anywhere, even when you are sitting at your home, office or commuting. KashWay works with multiple partners to get the best loan offer for you at affordable loan.
If you are in need of urgent cash to sort out personal matters or to support your business. This loan app is a very good option for you. The information and review of this loan app is from the owners of the loan app
KashWay loan features
1. Loan Amount
This loan app offers loan ranging from 500 Ksh ~ 60,000 Ksh
2. Loan Term
The shortest tenor is 91 days, the longest is 180 days
3. Interest rate
APR: Min.30% – Max.72% per year
Example: If the RECEIVED loan amount is 4920 Ksh, the loan term is 180days, and APR is 44%, the total service fee should be 4920 Ksh * 44%/2 = 1080Ksh. The total amount must be paid: 4920+4920* 44%/2=KES6000
For one-time repayment: Pay KES6000 after 180 days.
For monthly repayment: your monthly repayment amount will be KES6000/6 = KES1000
Loan principal: KES4920 (180 days)
Loan fee(total fee of the loan): KES1080 (22% rate)
Total amount payable: KES6000
APR: 44%
KashWay loan requirements
1. Need to be at least 18 years old or above
2. You need to be a citizen of Nigeria
How to apply for KashWay loan
To apply for a loan, you just need to follow several steps:
1. Download and Install the KashWay loan app from google playstore.
2. Register with your M-Pesa number
3. Apply for the exact loan amount you need
4. Get approved and receive the money in minutes
Note: If you repay your loan on time, you will get a higher credit limit of 50,000 Ksh
How safe is this loan app?
KashWay loan app is a very legit and safe loan app. People who have used it have confirmed that it gives loan, as you can see from customer reviews on playstore. This loan makes getting a personal loan simple by using the data on your phone including your information to verify your identity and create a credit score. They encrypt the data you choose to share with us to protect your privacy. They take your privacy very seriously and promise to never share your information with third parties.
KashWay loan app customer care service
If you have any questions, feedback or enquiry regarding the loan app and their services, you can contact them through the details below
Facebook page: https://www.facebook.com/kashwaylite/
Email: [email protected]
office address:MILESTONE BUILDING, KIAMBU ROAD Nairobi