Pesa Pulse - Instant Loans

About Pesa Pulse - Instant Loans

Introducing Pesa Pulse, your trusted companion on the journey to financial well-being. Pesa Pulse is here to empower you with quick and convenient personal loans in Uganda.

Key Features:

Instant Pulse Loans: Need funds in a flash? Pesa Pulse delivers swift loan approvals, ensuring you're always prepared for life's twists and turns.

Flexible Repayment Terms: Your financial goals, your way. Pesa Pulse offers tailored repayment terms starting from 3 months to 1 year, providing the flexibility you need to manage your finances without stress.

Tailored Solutions: Your financial goals are unique, and so are our solutions. Enjoy personalized loan options and repayment plans that align with your aspirations.

Pulse-Driven Rates: Experience the heartbeat of affordability with our competitive interest rates of 25% per annum. Pesa Pulse ensures that you achieve financial milestones without breaking the bank.

Security at its Core: Your financial security is paramount. Pesa Pulse employs cutting-edge security measures, ensuring your data is protected throughout your financial journey.

Instructions:
1. Install the Pesa Pulse - Instant Online Loans App
2. Register through your Phone Number
3. Confirm your identity through the app.
4. Request for a loan and get money sent to your e-wallet.
5. Repay your loan with the Airtel or MTN phone number you signed up with, loan amount you applied.

Loan Applicant Requirement:
* Age between 20 to 60
* Uganda Citizenship
*Registered Mobile Money Account

The Loan App offer:
* Loan Amount: Ugx50,000 - UGX 1,000,000
* Loan Term: 91 - 365 days
* Interest rate: 15 - 25%
* APR: Min.15% - Max. 52%

**Example: If the loan amount is UGX160,000, the loan term is 180days, and the APR is 50%, the total service fee should be UGX160,000 * 50%/2 = UGX40,000. The total amount must be paid: 160,000+160,000*50%/2=UGX200,000

For one-time repayment: Pay UGX200,000 after 180 days.
For monthly repayment: your monthly repayment amount will be UGX200,000/6 = UGX33,333.33

Loan principal: UGX160,000 (180 days)
Loan fee(total fee of the loan): UGX40,000 (25% rate)
Total amount payable: UGX200,000
APR: 50%