L-Pesa - Personal Finance Loans

L-Pesa application allows you to entry loans anytime, anyplace. Sign-up in seconds, apply for a mortgage and receive the money straight to your account. It’s a fast, handy and dependable way to access money whenever you want it.

Get your mortgage proper to your cellular account, like M-Pesa (Kenya).

It’s Easy to Get Started

* Create your account

* Apply in seconds

* Receive your loan straight into your mobile cash

* Build your credit score scores to access larger limits

Your cellular loan is shipped to you straight via your cellular cash account

Key L-Pesa Features: Loans Are Just a Touch Away

L-Pesa provides you full management of your finances. The L-Pesa app enables you to apply for credit on the go and it actually works 24/7.

* No paperwork, collateral, or workplace visits needed

* Use money for both private or business purposes

* No late expenses or rollover fees

* Get entry to greater loans, decrease charges, and versatile cost terms as you repay

* Loans are accredited and obtained fast

Safe and Secure

L-Pesa makes getting a personal loan easy through the use of preexisting knowledge in your phone, such as your SMS historical past to confirm your identification and create a credit score. We encrypt the info you select to share with us to protect your privacy. We take your privacy very seriously and promise to by no means share your info with third events.

What are My Loan Terms?

Customers can apply from a minimum sum of 100 KES to the utmost sum of 70000 KES, starting from a minimum of sixty three days to a most of 730 days.

Kenya:

Loan sums from one hundred KES – 70,000 KES

Monthly interest of 2% – 16%

Effective APR of 22% - 199%

A one-time mortgage processing fee of 3%

Interest charges are decided by a variety of components, corresponding to your compensation history and the price of lending for L-Pesa. The buyer pays the loan earlier than its due date and be eligible for an additional mortgage. Standard SMS and data costs by your cellular service may apply.

For instance, for a 63 day mortgage with principal of KES 1030, the processing charge is KES. 31(3%) and the curiosity will be KES. 263. The total sum due would be KES.1294.

All the details for the mortgage in details:

Loan sum (principal): KES 1030

Processing charges: KES 31

Total curiosity: KES 233

Total fee: KES 1294

Total Payment Duration: 63 days (9 weeks)

Depending on the loan sum for which you are eligible, you may select your personal compensation phrases from a minimum of 63 days to a maximum of 730 days.

Every loan sum we provide may be repaid in a minimal of sixty three days.

Loan repayments are done on a weekly schedule.

Penalty?

Upon the lapse of the mortgage reimbursement duration, you will not be able to access any loan till compensation is full; furthermore, your mortgage limit will be lowered as your credit rating lowers.

How Do I Repay My Loan?

Use M-Pesa Pay invoice quantity: 715489

Under account number: Use your registered telephone number or loan reference number.

Loan Payment could be made in full or partially earlier than the due date

Contact Us

We’re all the time joyful to hear from you! If you might have any feedback, questions, or concerns, please e-mail us at [email protected] or discover us on Facebook!

Like us on Facebook Kenya: https://www.facebook.com/lpesacareske/

Visit our website: http://www.l-pesa.com/

Whatsapp: 254743300689/ 254110095554