A personal loan is where you borrow an amount of money from a lender and then pay it back over a set period of time. Your repayments will include interest, so you end up paying back more than the loan amount. We only offer unsecured loans. This means you don’t have to put up any asset – like your home – as security. 

The total cost of borrowing will be K20. You borrow K150 and you pay back K170 after one calendar month

At the moment the amount you can borrow is K150. If you borrow on 5 separate occasions and repay on time, the loan amount can be increased to K250 as you have proved to be a loyal customer.

The non-refundable application fee is to stop people wasting our time. It also shows your commitment to securing the loan and repaying it.

Before you apply, make sure a personal loan is the right option for you and your financial position. Consider how much you need to borrow and whether you can afford the repayments with the interest included. Late or missed repayments could result in extra charges. This might make it harder to be approved for other loans or credit in the future. If you do decide to go ahead, make sure you have a realistic plan on how you are going to repay the loan. 

When you take out a personal loan through us, we’ll give you an instant decision in most cases, and there are no set-up or arrangement fees. You only pay a non-refundable application fee of K10 and We also offer you the option to repay your loan early. So, you apply for a k150 loan and you repay K170. Simple. No hidden fees.

We offer low cost Interest so that it is affordable for you to make repayments and We feel that the rate of interest offered by other lenders are not affordable  and this adds to your financial pressures.