Faraja loan app is our newest Credit product for fast and easy mobile loan.
Faraja loan app is our newest Credit product for fast and easy access to mobile credit. Download Faraja loan app, and get fast mobile loan without registration fee and CRB check. Faraja loan app is among the top ten mobile loans apps in Kenya and the best Loan app in Kenya without CRB check. Faraja Loan App is a new Loan apps in Kenya 2022 which offers fast loan app upon approval. Faraja Loan App is a leading loans apps in kenya to mpesa from 5000 Ksh. Most Free loan apps in Kenya require CRB clearance, but Faraja Loan App offers fast loans without CRB check just like Timiza loan app.
How to Apply
Faraja Credit Loans App
Fill out our quick loan application with the exact loan amount that you need
Receive your cash instantly after the approval to your M-Pesa or other mobile wallet.
When you register with Faraja loan app, you get assigned a loan limit after your account is appraised which allows one to borrow instantly any amount equal or less than their assigned limits. Every time you repay your loan on time, you increase your chances to increase your loan limit.
Loan Products:
◉ Loans range from 500 – 100,000 over a 180 days period. Interest rate: as low as 12%. Maximum APR is 25%.
Loan minimum repayment period of 120 days and maximum repayment period is 180 days.
◉ Origination fee: 0
◉Example:
If the loan amount is KES5,000, the loan term is 180days, and the interest rate is 12%, the total interest should be KES10,000*12%= KES 1200. The total repayment amount would be KES10,000+ KES10,000*12%= KES 11,200. The sample monthly payment would be Ksh. 1860.00.
You will not be charged an amount above the service fee, for the APR (maximum APR): 25% per year.
We take privacy very seriously and personal information shall never be shared without your direct permission to us.
Thank you and feel free to contact us through our official channels [email protected]
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