M-Kopa, a renowned solar energy company with over 1 million customers in Kenya, is now extending its services by providing affordable loans to its existing clients. In this guide, we’ll explore Mkopa cash loans, how to obtain them using the USSD code *685#, and the loan limits based on customer qualifications.
About Mkopa Cash Loans
Mkopa cash loans are designed to provide easy access to funds for customers who have been using M-Kopa’s solar products. These loans aim to improve the financial well-being of rural and remote areas with limited electricity access.
How to Get Mkopa Cash Loans
To access Mkopa cash loans, follow these steps:
- Eligibility: Customers become eligible for loans after paying daily installments for an M-Kopa solar product for a minimum of 90 days.
- Application: After 90 days of consistent payments, customers can apply for either a cash loan or a medical insurance cover.
- Application Methods: To get started, you can either WhatsApp Mkopa at +254 799 136761 or use the USSD code *685#.
Mkopa Products
M-Kopa offers a range of products, including solar panels, mobile phones, radios, television sets, light bulbs, and charging systems, which have positively impacted lives in areas with limited access to electricity.
Mkopa Cash Loan Limit
The loan limit for Mkopa cash loans varies based on customer qualifications. Customers who consistently make on-time payments for their solar products will have a higher loan limit compared to those who miss payments.
Mkopa Cash Loan USSD Code
To access Mkopa services and apply for loans, use the USSD code *685# in Kenya.
Mkopa Cash Loan App Download
While you can access Mkopa cash loans through the USSD code, you can also download the Mkopa app from the Google Play Store for a seamless experience, allowing you to continue enjoying their services.
In conclusion, Mkopa cash loans via the USSD code *685# provide a convenient and affordable financing option for existing M-Kopa customers in Kenya. This initiative by the solar company aims to empower individuals and communities with better access to financial resources.
