Usawa Loan app is a cash loan product that uses advanced internet technology to deliver dependable and convenient service. Users can access it by downloading the app from the Google Play store.
As a lending service platform, Usawa Loans will charge different fees according to the product you choose, which costs are used for credit score assessment, account management and third parties
For example:
Loan terms:
>>Loan Amount: from Ksh.1,500 to Ksh. 47,000.
>>Processing Fee: 5% of principal amount with minimum amount Ksh 60 and maximum amount Ksh 600.
>>For instance, 91-day loan with a principal amount of Ksh 3,000, the Commitment fee would be Ksh 100 and the interest would be Ksh 201.64 and the total amount due is Ksh 3301.64 and monthly payment Ksh 1605.82.
Tenure:
- The shortest tenor is 91 days, the longest is 365 days
- Interest Rate: 12.5% per annum.
- Commitment fee Ksh. 95 – Ksh.110
Usawa Loan Loan app Download/Usawa loan app apk
- Install Usawa Loan from the Google Play Store.
- Launch the Google Play Store on your phone.
- Type the app’s name on the search bar (Usawa Loan app) and click the search icon.
- Click install.
- The app will download in a few seconds.
- Set up an account.
- Fill in the basic information and submit the application.
- Sign the loan agreement after approval.
- After submitting the application, the approved loan amount will be received within 10 minutes.
Requirements to Apply for Usawa Loan Loan
- Kenyan Citizen
- 18 Years Old +
- Smart Phone User
Usawa Loan Loan repayment
When repaying your Usawa Loan loan, follow the steps below:
- Launch the M-Pesa menu on your phone.
- Choose the Lipa na M-Pesa option.
- Select PayBill.
- Enter the Usawa Loan PayBill Number
- Input your phone number, as the account Number.
- Enter the amount you’re repaying.
- Add your M-Pesa pin.
- Press Ok to complete the transaction, but ensure all the details are accurate before doing so.
Usawa Loan login
After downloading the app, follow the steps below to apply for a loan:
- Launch the app.
- Allow access to your phone’s data.
- Enter the phone number that you use for M-Pesa services.
- You’ll receive a code to verify your phone number, after which you can set a password for your account.
- To login, use your phone number as the username and password set.
Usawa Loan Privacy Policy
Usawa Loan reveals here how Usawa Loan collects, stores, uses, transmits, discloses and protects your personal information.
Usawa App uses the information they collect in various ways, including to:
- Provide, operate, and maintain our website
- Improve, personalize, and expand our website
- Understand and analyze how you use our website
- Develop new products, services, features, and functionality
- Communicate with you, either directly or through one of our partners, including for customer service, to provide you with updates and other information relating to the website, and for marketing and promotional purposes
- Send you emails
- Find and prevent fraud
Usawa Loan App Contacts
There are currently no official contacts provided.
