Loan approvals depend on a borrower’s credit score calculated automatically by the app while also putting into consideration the information provided in the sign up questionnaire.
On approval,the amount applied for is disbursed to the borrowers Mpesa account within minutes.
Update;20th October 2019
I have received claims from Kenyans that Utunzi is asking for some fees before one can access loans.I therefore advice you use this app at your own will.Am still trying to reach them for clarification on the matter.
Getting Started with Utunzi
- Go to Google play store and download utunzi app
- Install that app into your mobile phone
- Sign up with ypur phone number and ID number
How to apply for Utunzi Loan
Follow these steps to apply for a loan from utunzi loans.
- Login into your utunzi app
- Select ‘Apply for a Loan’
- Enter the amount you wish to borrow
- Answer a few questions
- Attach photo of your ID
- You can also add referees
If your application gets approved,your loan amount applied for will be sent into your Mpesa number in a few minutes by Utunzi Ventures.Repayment period for loans borrowed differ as per the amount taken.