Download Malipo APK latest version Free for Android
| Version | 2.5.7 |
| Update | 1 month ago |
| Size | 9.80 MB (10,276,761 bytes) |
| Developer | MALIPO CIRCLES LIMITED |
| Category | Apps, Finance |
| Package Name | ke.co.dynamodigital.malipo |
| OS | 4.4 and up |
Malipo APPLICATION description
Malipo for your groups financial needs
Malipo is a product tailored to handle the ever so varied needs of friends in groups.
You can now manage you Chama collection, apply and approve loans at the convenience of a button. Minimum loan repayment period is 60 days while the maximum repayment period is 1 year with a Maximum Annual Percentage Rate (APR) of 30%.
For example, if one takes a personal loan of KES 2,000 at an interest rate of 10% for 60 days they will pay only KES 2,200 broken down as follows :
Principal ----------------------------------> KES 2,000
Malipo Commission (2%) --------> KES 40
Disbursed --------------------------------> KES 1,960
Interest (10%) --------------------------> KES 200
___________________________________________
Repayment --------------------------------> KES 2,200
You can now manage you Chama collection, apply and approve loans at the convenience of a button. Minimum loan repayment period is 60 days while the maximum repayment period is 1 year with a Maximum Annual Percentage Rate (APR) of 30%.
For example, if one takes a personal loan of KES 2,000 at an interest rate of 10% for 60 days they will pay only KES 2,200 broken down as follows :
Principal ----------------------------------> KES 2,000
Malipo Commission (2%) --------> KES 40
Disbursed --------------------------------> KES 1,960
Interest (10%) --------------------------> KES 200
___________________________________________
Repayment --------------------------------> KES 2,200
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Old versions
| Version | Size | Update |
|---|---|---|
| ⇢ 1.0.6 (1 variants) | ↓ 3.55 MB | ◴ 4 years ago |
| ⇢ 2.3.6 (5 variants) | ↓ 8.14 MB | ◴ 1 year ago |
| ⇢ 2.3.5 (3 variants) | ↓ 8.13 MB | ◴ 1 year ago |
