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Frequently Asked Questions
We offer loans between K1500-K30000. These are also known as Express Loans. The loans are payable within 2 to 36 months.
For all the loans, the value we can disburse to you is dependent on several factors including your net pay, credit history and whether or not we have an MoU signed with your employer. Otherwise, the maximum amount you can borrow is limited. We therefore recommend that you visit one of our branches to receive personalized advice after an assessment is carried out.
Yes!
For Express Loans, the monthly interest rate is 8%.
Unfortunately our target market is those who are in employment. This is because our loans are unsecured and our administrative and recovery procedures are designed for this purpose.
The maximum tenure is 12 months for our long term loans.
We offer loans between K200 and K10,000. These are Payday Loans which are payable in up to 30 days.
if you cannot pay off the entire loan on your next payday, but can only make the payment after, you may extend the loan for an additional fee.
The monthly interest rate for Payday Loans is 20% but this is reduced to a daily rate if you decide to pay back in less than a month. Make use of our calculator on this website to grasp how it works!
Yes!
Unfortunately our target market is those who are in employment. This is because our loans are unsecured and our administrative and recovery procedures are designed for this purpose.