Download Mday - lnstant loans APK latest version Free for Android
| Version | 1.0 |
| Update | 3 years ago |
| Size | 3.44 MB (3,612,303 bytes) |
| Developer | Mday Fintech |
| Category | Apps, Finance |
| Package Name | ke.co.mday.mday |
| OS | 4.0.3 and up |
Mday - lnstant loans APPLICATION description
M-Day loan app offers loans disbursed to clients easily and quickly within Kenya
M-Day loan app offers loans disbursed to clients mobile phones easily and quickly within Kenya without requiring applicants to provide collateral for consideration for their loans to get approved.
M-Day is easy and convenient to use as
Applicants access loans 24/7 wherever they are in the country
Quick review of applications
Applicant’s credit history is not queried in the consideration of their loans.
Repayment options vary and applicants are allowed to choose payment plans that work for them.
Applicants credit score increases gradually as they continue to borrow and repay their loans
High loan limits to every new applicant
Loans are processed digitally and loans deposited to applicants phone numbers immediately.
Requirements during application are
One must be a Kenyan citizen
A valid National Identity card
Applicants must be above the age of 18yrs and above
Applicants must have a safaricom sim card registered on mpesa.
How to apply
1. Download mday loan app from google play store and install on your mobile phone.
2. Register by filling out information required
3. Applicant will receive an sms to your phone to confirm verification of information provided
4. Await approval of your loan request
5. Receive loan amount in your Mpesa registered number.
6. Interest of the loan amount begin to accrue after loan amount is deposited in applicants phone number
Loan Products:
Tenure: From 91 days to 365 days.
Loan Amount: from Kes.200 to Kes. 100,000.
The maximum APR is 28%.
For example, 91 - day loan payment terms and loan processed with principal amount of 5,000 ,the total amount due would be Kes 6,400.
M-day loan applicants are required to read and understand terms and conditions of M-day app before
They proceed to apply for a loan under M-day loan app.
M-Day is easy and convenient to use as
Applicants access loans 24/7 wherever they are in the country
Quick review of applications
Applicant’s credit history is not queried in the consideration of their loans.
Repayment options vary and applicants are allowed to choose payment plans that work for them.
Applicants credit score increases gradually as they continue to borrow and repay their loans
High loan limits to every new applicant
Loans are processed digitally and loans deposited to applicants phone numbers immediately.
Requirements during application are
One must be a Kenyan citizen
A valid National Identity card
Applicants must be above the age of 18yrs and above
Applicants must have a safaricom sim card registered on mpesa.
How to apply
1. Download mday loan app from google play store and install on your mobile phone.
2. Register by filling out information required
3. Applicant will receive an sms to your phone to confirm verification of information provided
4. Await approval of your loan request
5. Receive loan amount in your Mpesa registered number.
6. Interest of the loan amount begin to accrue after loan amount is deposited in applicants phone number
Loan Products:
Tenure: From 91 days to 365 days.
Loan Amount: from Kes.200 to Kes. 100,000.
The maximum APR is 28%.
For example, 91 - day loan payment terms and loan processed with principal amount of 5,000 ,the total amount due would be Kes 6,400.
M-day loan applicants are required to read and understand terms and conditions of M-day app before
They proceed to apply for a loan under M-day loan app.
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