Berry Loan App Download for Simple Swift Cash 2024
Developer | Finberry Capital Limited |
Released on | Nov 20, 2018 |
Updated | Jun 20, 2024 |
Size | 27 MB |
Version | 2.0.99 |
Requirements | 5.0 |
Downloads | 500,000+ |
Get it on |
What's new
Berry is Kenya’s newest credit lending application, provides instant credit to its users, right on the mobile phone at a low fee and easy repayment schedule.
In this release we have added new features, enhanced the security and fixed some bugs.
Description
Need a quick financial boost? Berry Loan App in Kenya offers a convenient way to get cash straight to your M-Pesa account. This review will guide you through everything you need to know about Berry, from its features and fees to the simple application process.
Berry Loan App Download for Simple Swift Cash 2024
Berry prides itself on being a simple and swift loan solution. You can download their app from Google Play, register, and get loan approval quickly. Their secure system verifies your identity for a smooth experience. Once approved, the loan amount is deposited directly into your M-Pesa account.
Flexible Repayment Options:
Repaying your Berry loan is straightforward. You can either use the user-friendly “Pay Now” option within the app or utilize M-Pesa’s Lipa na M-Pesa service. Berry offers repayment periods ranging from 65 to 120 days, giving you flexibility to manage your finances.
Transparent Fees and Terms:
Berry emphasizes transparency in its loan terms. Loan amounts range from KES 1,000 to KES 50,000 with a facilitation fee of 9% to 25%. The Annual Percentage Rate (APR) falls between 27% and 260%. A sample loan breakdown is provided to illustrate the cost structure. It’s important to note that Berry only charges the facilitation fee and a one-time late fee if payment isn’t received within the grace period. There are no hidden charges or compounding interest.
Also Read: Kashway Loan App For Kenya Download Free for Android – Safe loan in Kenya
Privacy and Security:
Berry Loan App takes your privacy seriously. They use advanced encryption to safeguard your data and never share your information with third parties. When you download the app, they request permission to scan your SMS to verify your identity and creditworthiness.
Before You Borrow:
As with any loan, it’s crucial to understand the terms and conditions before applying. Berry offers a flexible repayment period and affordable facilitation fees. Remember, responsible borrowing is key. Ensure you can comfortably repay the loan within the specified timeframe.
Is Berry Loan App Right for You?
Berry Loan App can be a helpful solution for unexpected expenses or short-term financial needs. With its fast approval process, flexible repayment options, and transparent fees, Berry simplifies access to credit in Kenya. Make sure to compare rates with other lenders and borrow responsibly.