Kashbean Loan App Download Apk Latest Version Free for Android 2024

1.2.5
Kashbean provide mobile loan service for Kenya customers who need money to grow their businesses or any other finance need.
Updated
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4.3/5 Votes: 68,832
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DeveloperCreditarea Capital LTD
Released on26 Apr 2021
Updated4 Dec 2023
Size27.8 MB
Version1.2.5
Requirements5.0
Downloads1,000,000+
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What's new

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Description

Kashbean Loan App: In Kenya, seizing business opportunities or addressing financial emergencies shouldn’t be hindered by a lack of funds. Kashbean Loan App steps in as your trusted ally, offering convenient mobile loan services tailored to your needs.

Kashbean Loan App Download Apk Latest Version Free for Android 2024

Kashbean Loan App Download Apk Latest Version Free for Android 2024

Kashbean Loan App Product Features:

  • Loan Amount Flexibility: Access anywhere from KSh 1,500 to KSh 80,000, ensuring your financial requirements are met adequately.
  • Flexible Repayment Periods: Choose a repayment window spanning from 91 days to 365 days, providing ample time to settle your obligations.
  • Competitive Interest Rates: Benefit from a low maximum APR of 36% per year, ensuring affordability throughout your loan tenure.

Transparent Fee Structure:

For instance, if you borrow KSh 20,000 over a 91-day term, the breakdown of charges would be as follows:

  • Monthly Interest Rate: Calculated at 3% (36% annual APR divided by 12 months).
  • Monthly Interest: Amounts to KSh 600 (KSh 20,000 multiplied by 3%).
  • Total Monthly Payment: Adding the monthly interest to a third of the loan amount, resulting in KSh 7,266.

Ultimately, your total repayment bill, covering both the principal and interest, stands at KSh 21,800.

Why Choose Kashbean Loan App?

  1. No Credit Check: Enjoy hassle-free access to loans without the need for a credit report.
  2. Convenient Process: Embrace a seamless, paperless, and digital application process accessible via your mobile device.
  3. No Collateral Required: Bid farewell to the stress of collateral requirements, making borrowing simpler.
  4. 24/7 Accessibility: Access loans round the clock, ensuring funds are available whenever you need them.
  5. Instant Disbursement: Upon approval, funds are disbursed directly to your M-PESA account within a minute.
  6. Nationwide Availability: Whether you’re in Nairobi or any corner of Kenya, Kashbean is at your service.
  7. Credit Score Growth: As you repay promptly, watch your credit score soar, unlocking higher loan limits.
  8. Flexible Payment Options: Choose from various repayment methods tailored to your convenience.

Eligibility Criteria:

To qualify for Kashbean’s mobile loan service, you need to:

  • Be a Kenyan resident.
  • Fall within the age bracket of 18 to 60 years.
  • Demonstrate a stable income source and repayment capability.

Repayment Methods:

Repaying your Kashbean loan is a breeze:

  • Utilize M-PESA Paybill number 196184, with your M-PESA phone number as the account number.
  • Alternatively, repay conveniently through the Kashbean app using M-PESA Express.
  • Timely repayments not only settle your obligations but also contribute positively to your credit profile.
  • Rocket Pesa Loan App Download Apk Free for Android 2024

Data Security Assurance:

Rest assured, your data’s confidentiality is paramount at Kashbean:

  • All data transmissions occur over secure HTTPS connections.
  • Your information remains confidential, shared only with lenders upon your consent.
  • Transactions are safeguarded by robust 128-bit SSL encryption.

Get in Touch:

Have questions or feedback? Reach out to Kashbean’s customer service via:

Visit us at our Nairobi office:

Applewood Building, Nairobi City, Kenya

Your financial well-being matters to us. Experience the convenience and reliability of Kashbean’s mobile loan services today!

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