Download Kuwazo - Personal Finance Loan App APK latest version Free for Android
Version | 15.0 |
Update | 2 years ago |
Size | 6.26 MB (6,564,130 bytes) |
Developer | Kuwazo Capital Ltd |
Category | Apps, Finance |
Package Name | com.pesapap.microloan |
OS | 4.1 and up |
Kuwazo - Personal Finance Loan App APPLICATION description
Kuwazo offer instant Loans deposited in your Mpesa in minutes
Kuwazo offers Loan Products with a repayment period between 60 and 145 days. The more you repay on time as per the installment schedules, the more you get higher repayment period.
- Loan Amounts: from Ksh 500 - Ksh 30,000
- Monthly Interest Fees: 7% to 20 %
- Processing Fees: Ksh 0
- APR: 60% to 240%
Example Fee Calculation: For a Ksh. 1000 has Ksh. 200 Interest Fee, Maximum Ksh. 400 rollover Fee, No origination or processing Fees.
For a Ksh.1000 Loan, the client pays 1000 (Loan given)+200(Loan Interest) =Ksh 1,200
Every loan product has maximum of 3 rollover times after which the repayable amount does not change for the lifetime of the Loan.
Depending on the Loan Product the final repayment dates are between 90 days and 360 days.
* Download the App
* Give Kuwazo permission as requested
* Create Account
* Login with your credentials
* Borrow your qualified amount
* Receive money directly into your Mpesa Wallet
Borrow and Repay on time to improve your prequalified limits and access loans with longer repayment periods and lower interest fees
For optimum performance, Kuwazo requires permissions such as:
-Storage
-Phone
-Camera
-Display over other apps.
You will be required to grant these permissions on initial launch of the Kuwazo App.
To determine your credit worthiness, Kuwazo uses data that you submit to us such as your legal name, National ID, Mpesa Number, and your Mpesa Statement.
All communication between Kuwazo App and Kuwazo Servers is encrypted.
Email us at: [email protected]
SMS/ Whatsapp us on : and +254-745660345
Facebook: @kuwazokenya
KUWAZO RATES AND FEES
- Loan Amounts: from Ksh 500 - Ksh 30,000
- Monthly Interest Fees: 7% to 20 %
- Processing Fees: Ksh 0
- APR: 60% to 240%
Example Fee Calculation: For a Ksh. 1000 has Ksh. 200 Interest Fee, Maximum Ksh. 400 rollover Fee, No origination or processing Fees.
For a Ksh.1000 Loan, the client pays 1000 (Loan given)+200(Loan Interest) =Ksh 1,200
LOAN REPAYMENT TERMS
Every loan product has maximum of 3 rollover times after which the repayable amount does not change for the lifetime of the Loan.
Depending on the Loan Product the final repayment dates are between 90 days and 360 days.
HOW TO GET STARTED
* Download the App
* Give Kuwazo permission as requested
* Create Account
* Login with your credentials
* Borrow your qualified amount
* Receive money directly into your Mpesa Wallet
Borrow and Repay on time to improve your prequalified limits and access loans with longer repayment periods and lower interest fees
SAFETY MEASURES:
For optimum performance, Kuwazo requires permissions such as:
-Storage
-Phone
-Camera
-Display over other apps.
You will be required to grant these permissions on initial launch of the Kuwazo App.
To determine your credit worthiness, Kuwazo uses data that you submit to us such as your legal name, National ID, Mpesa Number, and your Mpesa Statement.
All communication between Kuwazo App and Kuwazo Servers is encrypted.
HOW TO REACH US
Email us at: [email protected]
SMS/ Whatsapp us on : and +254-745660345
Facebook: @kuwazokenya
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Old versions
Version | Size | Update |
---|---|---|
⇢ 5.0 (1 variants) | ↓ 5.13 MB | ◴ 5 years ago |
⇢ 4.0 (1 variants) | ↓ 5.13 MB | ◴ 5 years ago |
⇢ 14.0 (22 variants) | ↓ 12.42 MB | ◴ 5 years ago |