Loop Pesa - online credit

Introducing Loop Pesa’s new personal line of credit offering continuous access to credit! Apply once and borrow against your credit limit of up to KSH 40,000 as often as you need to. Download the app & get started today!

PERSONAL CREDIT LINE TERMS
• Credit limit amounts: KSH 6,000 to KSH 40,000
• Annualized interest rate minimum 13%, maximum 29%.
• Repayment terms from 100 days to 300 days

💰Examples
Credit limit: 20,000; Withdrawal amount: 10,000; Interest rate:13%; Actual usage days: 100 days.
Now you decide to repay the bill, so the repayment detail will be as follows:
Withdraw principal= 10,000;
Total interest=10,000*13%/365*100 = 356.16
Total repayment amount=10,000+356.16=10356.16

👉 KEY FEATURES
✔ Only 1 ID needed
✔ Takes only 5 mins to apply
✔ Quick cash approval
✔ Double your credit limits fast
✔ No paperwork, collateral, or bank account needed

HOW IT WORKS
• Apply in Minutes
Download the app and answer a few easy questions so we can give you a customized credit offer.

• Choose your Terms
Confirm your desired cash amount and select your target repayment date.

• Continuous Access
Apply only once and get continuous access to borrow up to your approved credit limit (subject to terms and conditions).

• Repay Easily
You can pay in full anytime, on or before your due date.

WHO CAN APPLY
✔️ Any resident citizen of Kenya 18+ years old
✔️ Eligible persons holding valid ID and a mobile number

PRODUCT ENHANCEMENTS
We always work towards making our products better for our users. If you see offerings that differ from those described above, please don’t hesitate to contact us.

PRIVACY & PERMISSIONS
All data collected is to verify your identity and build your credit profile. Loop Pesa never discloses any personal information to anyone that is not you without your permission or sells your data to third parties.

CONTACT US
Phone number: +254 0789438681
A.mail: [email protected]
Contact address: 37R2+9JJ, Timau, Kenya