Pesa na Pesa , M-pesa loans in kenya

Pesa na pesa

The AVL Capital Group ,a combination of many financial institutions in kenya including Chase Bank,Safaricom M-pesa,CIC insurance, APA insurance,Benchmark,AIG, UAP and more others is still giving out mobile micro credit services dubbed Pesa Na Pesa 
since 2015 to all Kenyan registered members.Loans Kenya had to share this to update borrowers about this it.The service is accessible via a USSD code *415*33#

How to register as Pesa na Pesa member
The service is available only to safaricom subscribers who also registered for m-pesa.Airtel,Orange and You subscribers are not eligible.Check the steps;

• On your phone ,dial *415*33# and fill your personal details
• View your loan limit which will show automatically
• You will lastly receive our PIN

Now you will be a fully registered member of pesa na pesa.

How to borrow from pesa na pesa
Borrowing a loan from pesa na pesa is simply through your mobile phone by dialling*415*33# .The lender gives micro loans of up to ksh5000.A good repayment history will make your loan limit increased.The interest rate is 10%weekly.

How to repay your pesa na pesa loan
Pesa na pesa loan is repayed within one week through a pay bill number 990390.While sending your money to this pay bill number ,please input your phone number as the account number required. Use the Lipa na Mpesa menu,Pay bill number and proceed with other steps.

If you forget your PIN simply dial *415*33*2# .Defaulting attracts more charges and legal action.

Mkopo Rahisi becomes Tala Kenya

Tala kenya app

@inventure After two years of service providing quick and easy mobile loans to Kenyans, Mkopo Rahisi kenya is rebranding to Tala Kenya.The move was as a result of  long surveys, close interviews and open discussion forums done to mkopo rahisi customers in its span of existence. Therefore Tala Kenya is a micro loan app which is customer inspired.


What should Tala mean? The word has got different meanings in different languages thus reflecting the credit beneficiaries attended to through the app.

See more mobile loan apps

What's new with Tala Kenya
There are more new features in Tala Kenya App which makes the clients more interested in using the it compared to mkopo rahisi.

• Easy navigation while using Tala app
• Short loan application process compared to mkopo rahisi app
• Easy credit limit or loan limit checking
• Tala users are members of the new community formed
• Members earn referral incentives when they invite others
• The overall loan limit have been raised to ksh50000

Tala app in action

How to get the app
All clients who have been using mkopo rahisi are considered members after they download and install Tala app.Existing customers of mkopo rahisi need to upgrade to Tala.New users must download and install the Tala Kenya app.Tala Kenya mobile loan app

Eazzy Loan- How To Apply For The Equity Mobiloan

equitel suscriber

Many Kenyans would like to apply for loans through their mobile phones because its easy and convenient. Today let's look at how to apply for an Eazzy Loan( the mobile phone accessible loan) from Equity bank.Kenyans like calling this loan facility 'EQUITY MOBILOAN' which is right, but it's official name is 'EAZZY LOAN'.

Read also KCB Mobiloan

Who can apply for eazzy loan
Only equity bank customers with active accounts(latest transaction done not more than six months ago) and must have Equitel Simcard installed in to their mobile phones. Eqiutel (my money my bank) lines are available at any equity bank branch or equity agent all over the nation.


How to apply for an Eazzy loan
To apply for this loan, simply follow these steps on your mobile phone;
Go to equitel menu.
Select my money.
Select loans.
Select get loan.
Select eazzy loan.
Select account number.
Enter amount.
Then Submit the application.

If you wish to confirm the amount you can borrow first, follow these steps;

Go to equitel menu.
Select my money.
Select loans.
Select get loan.
Select eazzy loan.
Select loan limit.

Read also Other mobile loans

How To Apply For A Mobile Loan In Kenya.

I need a quick, soft or emergency loan direct into my mobile phone? I understand mobile loans, popularly mobiloans, are becoming extensively accessible from all major financial credit providers in kenya but do we all know how to apply for these credit services?

A mobile loan should mean a credit service that can be accessed over a mobile phone handset. All mobile handsets need a SIM card to fully operate. In kenya,mobile telecommunication service providers include Safaricom,Airtel, Yu, Orange and the new kid on the bloc, Equitel.With a SIM card installed in a mobile phone, you can access subscriber menu,dial numbers or codes or surf the internet (for 'internet access' enabled phones only).Using the above 'uses' one can access a loan.


Using subscriber menus
These are loans accessed by simple navigating to the subscriber menu on your mobile phone.
Safaricom
Go to safaricom menu.
Select mpesa.
Select M-shwari( for commercial bank of Africa customers) or M-kesho(for equity bank customers).
Select loan.
Select apply.

Equitel
Go to equitel menu.
Select my money.
Select loans.
Select get loan.
Select eazzy loan.
Select account number.
Enter amount.

Orange
Go to orange menu.
Select orange money.
Select loan services.
Select Emergency loan.
Select Orange money account or my equity account for equity bank customers.

Unfortunately, Airtel and Yu do not offer loan services through the subscribers menu at the moment.

Using USSD codes or Short codes
These are loan services that can be accessed by dialling numbers in the format *NUMBERS#.
KCBMpesa-This service is available to safaricom mpesa customers. Dial *844# to access the loans.
Kopa chapaa-This service is available to Airtel money and Faulu microfinance customers. Dial *305#
Airtime Advances
For safaricom subscribers ;
Okoa bundles, dial *544#.Okoa jahazi, dial *131#.Okoa stima, dial *885#

Orange pewa ( for orange subscribers),dial *133#.
Airtel kopa credo (for Airtel subscribers),dial *221# .
Credo4yu (for Yu subscribers),dial *125#

Loans over the internet
These are loan services accessed over an internet enabled device for example a computer/ laptop, Tablet /Ipad and the popular Smartphones.Borrowers can visit the lenders various websites and apply for loans online or by downloading and installing loan applications in to the devices.See, mobile loan apps in kenya. All popular lenders have up and running websites with few running functional apps.Examples of banking applications include,M-coop cash, KCB- Mbenki,I&M app,Cfc stanbic app among others.Check your banking service providers for online banking services and apply for a loan.

GOtv decorder financing from M-shwari, a mobi loan facility .

With the recent mega partnership involving Commercial Bank of Africa(CBA),Safaricom and Multichoice, you can still finance the purchase of a GOtv digital box, just in case you've not yet taken advantage of it.CBA&Safaricom's M-shwari is the platform you'll use to apply for the loan while Multichioce will provide you the digital box.
See also DStv and GOtv financing.
This is not the only partnership in
support of easy and affordable digital migration path in Kenya.With the analog signal total switching off around June next year,The equity bank is already in strong partnerships with Chinese  Startimes and Multichoice to ensure easy and affordable access to digital boxes.
GOTV DECORDER LOAN FROM MSHWARI.
-This loan is available to all M-shwari customers who have a loan limit of ksh1000.This means only safaricom subscribers are eligible.
-Application is done through a mobile phone by dialling *234*6#
-Majority of the Mshwari loan Terms and conditions apply.
-The intended loan amount is ksh 3499 to be repaid within three months.
Approved loan applicants will collect their digital boxes from Multichoice dealers near them.
If you are not an mshwari customer you can join today by updating your MPESA account and activating your Mshwari account.
            

Mobile loans apps in Kenya

  Mobile money is now an obvious thing in the finance industry in kenya since the introduction of Safaricom's M-Pesa,Bharti's Airtel money,Essar's Yu cash and Telkom's orange money some years back.Lenders therefore had no option but jumping on board through business partnerships with these giants in the telecommunication  industry resulting into the development of loan app[softwares].

Learn how to apply for a mobile loan in kenya.

  Putting aside banking apps for example KCB
and I&M banking apps'today we are going to highlight the best 'trust based ' loan apps in kenya which are up and running already benefiting clients during times of financial emergencies.These apps are available on GOOGLE PLAY STORE.Please read the descriptions of each app, understand before proceeding to download it and use it.

 See emergency loan givers in kenya.

SAIDA
Thanks to co-founders Keneth Ngetha and Kyale Mwendwa for the big inovation.The loans are going to be offered by Saida Financial Services.The loans are available to safaricom and aitel subscribers only.Currently close to 50000 clients are using Saida loan app.
 STEPS
-Download the app and instal it to your mobile phone.
-Fill in the required details; name ,phone number, email address etc
-Wait for the feedback and you are done!
If you are approved for a given amount ,you do so immediately and the money will be deposited into your m-pesa or airtel money account.Repayment depends on the amount borrowed and is payed through your m-pesa or airtel money.

MKOPO RAHISI[KENYA]
There are two apps,one intended for Kenyans and one for Tanzanians.Choose the one for kenya [mkopo rahisi kenya].Mkopo rahisi is available to safaricom subscribers only.Loans are offered by Inventure.Currently mkopo rahisi has close to 100000 users.
STEPS
-Download the app and instal it to your mobile phone.
-Sign in using your facebook or google account.
-Fill in a few details ars required; employment status,salary etc.
-Wait for the feedback and that is it!
If you get approved for acertain amount of money the same will be credited to your m-pesa account.Repayment depends onthe amount borrowed and its done through m-pesa.
UPDATE:Read now Mkopo Rahisi is now Tala kenya

MICROMOBILE
Micromobile loans are offered by MICRO MOBILE LIMITED.The loans are available to safaricom subscribers only.Micromobile have close to 5000 users.
STEPS
-Download the app and instal it to your phone.
Create your micromobile account.
-Request a mobiloan and that is it.
Update ;Currently, this app is not working. It will be okay in the near future.

BRANCH INTERNATIONAL
Financial access anytime, anywhere. Branch International is the latest fast way to get credit in Kenya. The loan is available to safaricom subscribers. Currently, more than 10000 people are using this app.
STEPS
Download the app.
Sign in using your Facebook account.
Now apply for a loan up to a maximum of ksh50000, which upon approval the money will be deposited in your M pesa account.

Loans Kenya readers are now updated on this.What did we leave out +Chris webber  +Mercy Orangi +yusuf omar