Personal loans range from Ksh 500 to Ksh 35,000
Tenure: 62days to 1 year. Interest rates range from 2%-18% depending on the risk profile of the customer.
Example: Borrow Ksh 10,000 at APR of 196% (per annum) with tenure of 62 days
Interest = Ksh. 10000* 196%/ 365 *62 = Ksh. 3260
Total amount disbursed will be Ksh 10000
Total amount to repay will be Ksh 13260 (Ksh 10000 + Ksh 3260)
Two monthly payments of Ksh 6630
Some customers may be charged a late fee.
Skypesa is now more than just a mobile loan app.Now you can save money, make transfers from Branch wallet, pay your bills and get instant mobile loans from the Skypesa App.
Personal loan rates and fees
Loan Amounts: Ksh 500 to Ksh 100,000
APR/Interest rate: 20%-211% (Monthly interest: 2% to 18%)
Processing fee: None
Onboarding fee: None
Terms: Depending on your loan amount for which you are eligible, you have the option to choose repayment terms of up to 1 year. Every loan amount we offer has the option to repay in a minimum of 62 days.
The Skypesa MFB app lets you apply for personal loans on the go.
* No paperwork, collateral or office visits needed
* Easy access 24/7
* Quick and easy sign up
* Use your money the way you want to -- for home or business
* Lower fees, and flexible payment terms as you repay
What is Branch MFB:
👉 Get instant loans -- no paperwork, collateral
👉 Pay bills without extra charges
👉 Save money on branch wallet and earn 15% interest (Kenya's highest rate)
👉 Withdraw your savings anytime
Got Questions? We provide world-class support for your financial needs, 24 hours a day. Message us within the app and receive an answer in minutes!
Skypesa personal finance app provides the following type of personal loans
- Medical Loans/Emergency Loans
- Home Renovation Loans
- Education Loans
- Travel Loans
- Wedding Loans
- Student Loans
SAFE AND SECURE LOANS
Skypesa app makes getting a personal loan simple by using the data on your phone including your SMS history to verify your identity and create a credit score. We encrypt the data you choose to share with us to protect your privacy. We take your privacy very seriously and promise to never s
FEATURED IN
Financial Times - K24 - KTN - KBC - Business Daily - Daily Nation - The Standard
CONTACT US
We're always excited to hear from you! If you have any feedback, questions, or concerns, please e-mail us at [email protected] or find us on Facebook!
Our Office Address
10th Floor, Bisawa Towers,
Mogotio Road, Off Chiromo Lane,
Westlands, Nairobi.
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