Afrika loan is offered by Afrika loan Kenya Finance
Afrika loan has been in operation since 2018. The Afrika loan Kenya mobile app enables you to receive financial support wherever you are, and at any time!
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How to contact the Afrika loan app.
- Call via Phone : +254 20 5137800
- Find them on Facebook: facebook.com/afrikaloankenya
Products and services.
- Afrika loan.
How to get Afrika loan.
You can access Afrika loans via loan apps.
Afrika loan Apps are available for download on Google Playstore and Apple store.
If you don’t have a smartphone or active internet, you can instead access Zenka Loan (an alternative to Afrika loan) by dialing the USSD code *841# on your phone and follow the prompts.
The minimum loan amount you can get is Ksh 500 while the maximum amount is Ksh 5,000.
How to borrow.
To borrow a loan, you must have the following;
- National ID.
- Smartphone or feature phone (Mulika mwizi).
- A Safaricom registered number with Mpesa to receive and pay back your loan.
To get a loan by smartphone;
- Download Loan App – Visit Google Play Store. Search for Afrika Loan App and download it on your mobile
- Fill in short application form – After downloading our app, fill in short application form and choose how much money you need.
- Receive money on your M-Pesa account – Your application will be evaluated and when it is approved, you will receive money on your M-Pesa account.
How to get a loan from Afrika loan by Feature Phone (kabambe) or non-smartphone users;
If you do not have internet access but wish to borrow a loan you can also use the following process.
- Dial the USSD code *841# and follow the prompts.
- This service can only be accessed by Safaricom subscribers.
How fast can you get a loan from this app?
Once approved, you will have the loan sent to your M-Pesa number instantly.
How to pay back your loan.
There are two ways to clear your loan;
You can pay back via Mpesa, using Afrika loan pay bill number 697566 and your phone number as your M-Pesa account number.
You can also pay your loan via the steps highlighted below.
- Dial the USSD Code *841#,
- Enter your 4-digit PIN,
- Select [Repay] and find the information about your current balance.
- Select [Repay full amount] and follow the payment link.
Terms and conditions.
- Repay on time and build a positive credit history – Timely repayment increases your credit limit and allows you to apply for higher amounts in the future.
- Get special offers and get money for inviting friends.
- Loan Term: the shortest term is 63 days, the longest is 120 days.
- Service fee: 0
- Interest rates of between 0.8% to 15.2%
What is unique about this loan.
- It’s completely online. There’s no need to go to an office to get a loan, simply install the app and fill in a short application form, whenever and wherever you are.
- Fast processing. You can get an instant loan on your Mpesa, as soon as you require financial assistance.
- Great terms. Low interest rates and flexible loan repayment terms. No hidden fees or charges.
- Safe and secure. We encrypt all personal data to protect your privacy and we never share any data with third parties.
- Customer support. Our dedicated customer support team is always ready to answer any question you may have on Facebook and via email.