Kashway Loan App, Apply Online, Contacts, Download Apk

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KashWay Loan is your 24/7 mobile loan provider, ensuring a safe and reliable platform for your loan application needs. Offering loans of up to 50,000 KSH at low interest rates, KashWay strives to make the loan application process convenient and secure, all accessible at the tip of your fingers.

In this guide, we will delve into the details of KashWay Loan, covering everything from interest rates to application procedures, ensuring you have a comprehensive understanding before taking any financial steps.

KashWay Loan Interest Rate

KashWay provides a transparent breakdown of its loan offerings, giving potential borrowers a clear view of the costs involved. Here’s a glimpse of the interest rate structure:

  • Loan Amount: Ranging from 500 Ksh to 60,000 Ksh.
  • Loan Term: You can choose a loan term between 91 to 180 days.
  • Annual Percentage Rate (APR): The APR varies, with a minimum of 30% and a maximum of 72%.

Loan Example: Let’s break down a sample loan scenario to grasp the repayment structure:

  • Loan Amount: 4,920 Ksh
  • Loan Term: 180 days
  • APR: 44%
  • Total Service Fee: 1,080 Ksh (calculated at 22% rate)

For one-time repayment after 180 days, the total payable amount is 6,000 Ksh. For monthly repayment, it amounts to 1,000 Ksh per month.

Note: Interest rates can change over time; therefore, ensure to confirm the interest rate for any loan offer before accepting.

KashWay Requirements

To be eligible to apply for a loan through KashWay, you need to meet the following criteria:

  • You must be at least 18 years old or above.

How to Apply for KashWay Loan

Applying for a loan with KashWay is a simple, hassle-free process. Follow these steps to complete your application:

  1. Registration: Start by registering using your M-Pesa number.
  2. Loan Application: Apply for the exact loan amount you need.
  3. Approval and Disbursement: Get approved and receive the money in just a few minutes.
  4. Repayment: Ensure timely repayment to build a good credit history and increase your credit limit up to 50,000 Ksh.

KashWay App Download

For a seamless experience, consider downloading the KashWay app from the Google Play Store. Follow these steps to install the app safely:

  1. Open the Google Play Store on your Android device.
  2. In the search bar, type “KashWay Loan” and hit enter.
  3. Locate the official KashWay Loan app and click on “Install”.
  4. Wait for the app to download and install on your device.

Note: Avoid downloading loan apps from unofficial app stores to protect your privacy and data.

Contacting KashWay Customer Care

If you have any inquiries or need assistance, you can contact KashWay through the following channels:

  • Facebook Page: KashWay
  • Email: service@kashway.cc
  • Office Address: MILESTONE BUILDING, KIAMBU ROAD, Nairobi

Note: If you can’t reach them through the above channels, consider contacting KashWay customer care within the KashWay app.

Is KashWay Legit?

Yes. Many people have downloaded Kashway and taken loans from them. They emphasize privacy and data protection, using your phone’s data to verify your identity and establish a credit score. The commitment to data encryption and privacy policies reflects their dedication to maintaining a secure and legitimate loan service.

In conclusion, KashWay Loan stands as a viable option for those seeking quick and reliable mobile loans. The transparent interest rate structure and straightforward application process make it a convenient choice for various financial needs. However, always exercise caution and ensure you understand the terms and conditions before proceeding with any loan application.

All rights reserved. Do not copy, rewrite or republish this content, in part or in whole, without proper credit to the source.

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About the Author: Femi Olawole

Femi Olawole is a seasoned blogger with interest on providing helpful Contents on online loan apps, Tech and Business.

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