The Quick Loans offered by Okoa koparafiki lender:
1. Loan Amount: 500 Ksh ~ 30,000 Ksh
2. Loan Term: the shortest tenor is 91 days, the longest is 365 days
3. Interest rate: 20% APR
4. Service Fee: We charge additional service fee to cover the cost of credit scoring, payment cost, and account management. It varies for the different loan amount requested.
Example: If the loan amount is 5,000 Ksh, the loan term is one year, and the interest rate is 12%, the total interest should be 5,000 Ksh * 12% = 600 Ksh.
This app provides you with a guide on the rates which most mobile lenders in kenya charge for credit the duration for the loan and your eligibility.It also connect with you with the lenders and helps you make the right decision on which lender to choose.
Automatic account verification
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