M-Kopesha - Loans to M-pesa 1.2

M-Kopesha offers a financial solution for individuals in need of quick access to funds. This service is particularly beneficial for those who may be facing financial constraints and require immediate assistance. The application is designed to facilitate swift loans directly to M-Pesa, providing a range of options for personal and business use.

With M-Kopesha, users can apply for instant loans that can be utilized for:

• Expanding business operations with additional capital
• Addressing urgent personal financial needs
• Settling bills efficiently through the app
• Covering minor unexpected expenses
• Paying off outstanding school fees
• Managing quick emergencies
• Purchasing airtime top-ups

The app presents a user-friendly interface with the capability to offer loans ranging from Ksh 500 to Ksh 70,000. The terms of the loans include:

• A minimum loan tenor of 91 days, extending to a maximum of 180 days
• A one-time service fee structure ranging from 12.5% to 33% for a 90-day loan

For instance, securing a loan of Ksh 1,000 over a period of 90 days would entail a service fee of Ksh 330, making the total amount repayable Ksh 1,330.

Terms and Conditions:

M-Kopesha operates on a transparent fee system where clients are charged a one-time service fee based on the principal amount. Additional charges may apply for overdue loans, with no hidden fees during the loan period.

The effective maximum Annual Percentage Rate (APR) is set at 18%, and users are assured that there will be no unexpected fees or compound interest accrued on outstanding amounts. Furthermore, M-Kopesha does not report to Credit Reference Bureaus (CRB), allowing clients greater flexibility in selecting repayment tenors.

Loan Application Process:

• Download the M-Kopesha App
• Create an account using your M-Pesa number
• Check your available loan limit within the app
• Apply for a loan up to your limit
• Receive funds directly to your M-Pesa account seamlessly
• Timely repayments can result in an increased credit limit
• Loans can be repaid via M-Pesa using your registered phone number
• Partial repayments are permitted before the due date without penalties

General Financial Advice:

• Avoid using loans for non-essential expenditures
• Plan ahead for any borrowing needs
• Ensure timely repayment to maintain a positive credit standing
• Utilize loans primarily for emergencies

Privacy and Security:

The application involves certain personal data collection for identity verification and credit assessment purposes, thereby ensuring users’ privacy through robust encryption methods. Users are encouraged to review the full Privacy Policy accessible via the app or website.

Additional Benefits:

• Competitive interest rates with flexible repayment plans
• Fully digital application process with no hidden fees
• A reward system for referrals and continued usage

M-Kopesha positions itself as a reliable option for those seeking immediate financial solutions within Kenya.

Contact Information:
If you have any inquiries or feedback, please reach out via email at [email protected].