The lender provides loan amounts from ksh 1500 as the minimum and ksh 80,000 as the maximum.
Loans can be repaid within 91 days ( 3 months) minimum and 365 days ( 1 year) .
The interest rate is maximum APR 36 per cent
How to download app and apply for Credit Hela loans
You must have an android smartphone and an M-Pesa number. Then follow these steps;
- Go to play store and download Credit Hela app
- Create your profile
- Get loan limit
- Apply for the loan
- Receive the money in your M-Pesa account
Remember to repay the loan early enough to increase your loan limit to the maximum of Ksh 80,000. Repayment is done just within the app.Â