iloanke
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| Rating | |||
|---|---|---|---|
| Kenya | 100%21 | 2.67 |
Description
iLOAN is one of the most flexible personal loan platforms on the market, with its unique features giving Kenyans more control over their finances. We offer a simple registration and application process. After a positive approval decision, you will receive your loan straight to your M-Pesa account.
Money can be put into your account even in just 5 minutes!
Customers can choose loans for 61 days. Loan interest rates range from 2.45% to 36% (risk-based pricing).
Processing fee: 0 KES. Loan amount: from 500 KES to 200,000 KES. There is no minimum repayment period; customers can repay the principal at any time after disbursement. Additional terms and conditions apply.
Representative example: for a 61-day loan with a principal amount of KSh 1,000, the interest fee would be KSh 360 and the total amount due would be KSh 1,360.
iLOAN is regulated by Central Bank of Kenya