**The reliable Loan App iPesa offer:
1. Loan Amount: 500 Ksh ~ 50,000 Ksh
2. Loan Term: the shortest tenor is 91 days, the longest is 180 days
3. The maximum APR is 36%-72%.
4. Service Fee: 36%
5. Loan request: Need to be at least 18 years old or above
**Example: If the loan amount is 2500 Ksh, the loan term is 180days, and the service fee rate is 36%, the total service fee should be 2500 Ksh * 36% = 900Ksh. The total amount must be paid: 2500+2500*36%=KES3400
To apply for a loan, you need to follow several steps:
1. Register with your M-Pesa number
2. Apply for the exact loan amount you need
3. Get approved and receive the money
4. Repay on time to get a credit limit of 50,000 Ksh
Privacy and Permissions: iPesa 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 share your information with third parties.
Facebook page: https://www.facebook.com/iPesaKenya/
office address: ADLIFE PLAZA, CHANIA AVENUE, NAIROBI