iPesa Loan App Download Apk Free for Android (Credit Loan to M-PESA)

2.5.5
**The reliable Loan App iPesa offer:
Download APKTELEGRAM
3.7/5 Votes: 33,749
Developer
Risine Credit Limited
Released on
23 Jul 2019
Updated
25 Oct 2023
Size
7.56 MB
Version
2.5.5
Requirements
5.0
Downloads
5,000,000+
Get it on
Google Play
Report this app

Description

Short on funds? iPesa Loan App, the reliable Kenyan loan app, is here to help. Get access to quick and convenient loans from Ksh 500 to Ksh 50,000 with flexible repayment terms and zero service fees.

iPesa Loan App Download Apk Free for Android (Credit Loan to M-PESA)

iPesa Loan App Download Apk Free for Android (Credit Loan to M-PESA)

Choose a Loan That Fits Your Needs:

  • Loan amounts: Borrow what you need, from small expenses to larger projects.
  • Repayment terms: Select a repayment schedule that fits your budget, from 91 to 180 days.
  • Competitive APRs: Interest rates range from 36% to 72%, depending on your loan amount and repayment term.

iPesa makes borrowing easy.

  • Simple & quick: Download the iPesa Loan App, register with your M-Pesa number, and apply for a loan in minutes.
  • No Hidden Costs: What you see is what you get. No hidden fees or charges surprise you.
  • Fast Approval: Get a decision on your loan application quickly, often within the same day.
  • Convenient Repayment: Repay your loan easily through M-Pesa, ensuring a smooth and hassle-free experience.

The reliable iPesa Loan App offer:
1. Loan Amount: 500 Ksh ~ 50,000 Ksh
2. Loan Term: the shortest tenor is 91 days, the longest is 180 days
3. APR : Minimum 36% to Maximum 72%
4. Service Fee: 0%
5. Loan request: Need to be at least 18 years old or above

**Example: If the loan amount is 2500 Ksh, the loan term is 180days, and the APR is 72%, the total service fee should be 2500 Ksh * 72%(APR)/2 = 900Ksh.  The total amount must be paid: 2500+2500*72%(APR)/2=KES3400

Repayment Example:
If you choose to make a one-time repayment, then you will make a one-time repayment of KES3400 after 180 days.
If you choose to make monthly repayments, your monthly repayment amount will be KES3400/6 = KES 566.67

Fee Details:
Loan principal: 2500 Ksh (180 days)
Loan fee(total fee of the loan): 900Ksh(=2500 Ksh * 72%(APR)/2)
Total amount payable: KES3400(=2500 Ksh+2500 Ksh * 72%(APR)/2)
APR: 72%

To apply for a loan, you need to follow several steps:
1. Register with your M-Pesa number
2. Apply for the exact loan amount you need
3. Get approved and receive the money
4. Repay on time to get a credit limit of 50,000 Ksh

Privacy and Permissions: The iPesa Loan App makes getting a personal loan simple by using the data on your phone, including your SMS history, to verify your identity and create a credit score. We encrypt the data you choose to share with us to protect your privacy. We take your privacy very seriously and promise to never share your information with third parties.

CONTACT US
Facebook page: https://www.facebook.com/ipesakenya/
Email: help@ipesa.cc
office address: ADLIFE PLAZA, CHANIA AVENUE, NAIROBI
Privacy-policy: https://ipesa.top/privacy-policy

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