We process loans to your MPESA anytime.
Zap Loans is a fast online loan lender, with a 5.6% interest rate which is arguably the most affordable rate existing in the market. Moreso, we ensure an easy loan application process to allow anyone from all levels to apply the loan.
The Loan Application Process.
1. Complete the sign up process. Enter all your information as needed.
2. Select a loan product and click on apply button
3. Your loan application undergoes review
4. If successful, your applied loan will be sent to the mobile account provided.
5. You will be alerted on the status of your loan application as soon as possible.
The Loan products
◾Loan amounts ranges between KSh 1,000 and KSh 50,000
◾Loan term: The shortest repayment duration is 91 days while the longest is 180 days
◾Interest rate: 15.4% - 20%
◾APR: 15.4% - 20%
◾Service charge: 0
Example: Given the total loan amounts to KSh 1,000 and the loan duration is 180 days. Therefore, the total Interest amounts to KSh 1000 x 0.00067 x 180 = KSh 120. You therefore repay a total amount of Ksh 1220.
Note: Repaying loans in time increases your loan limits.
Thank you don't forget to leave a good review.
Address: Nairobi, Kenya
First Release of the App
9Apps 4.9
