• Loan Amount: KSh 500 – KSh 50,000
• Loan period: 91 days - 365 days
Maximum loan limit: Ksh 50,000
Low interest (maximum APR): 25% per year
For example:for loans of ksh 20,000 with a term during 91 days, the fees charged are as follows:
Monthly interest rate ： 25% / 12 = 2.08%
Monthly interest ： ksh 20,000 * 2.08% = ksh416
Total monthly payment ：ksh20,000 / 3 + ksh 416 = ksh7082.67
total repayment bill including principle and interest shall be:
ksh 20,000.00 + ksh20,000* 2.08%*3= ksh 21,248
