KeCredit: Easy Loans KE 1.3.6

KeCredit – A Review of Personal Loan Services in Kenya

KeCredit presents itself as a reliable option for personal loans in Kenya, emphasizing speed and flexibility. The platform's user interface supports a straightforward registration process, enabling users to secure approvals swiftly and receive funds directly into their M-PESA accounts. The range of loan amounts available, from KES 500 to KES 50,000, suggests a solution for varying financial needs.

Advantages of Using KeCredit

• Fast and Efficient – Applications can be approved within minutes, with funds transferred immediately to M-PESA.
• Flexible Repayment Terms – Borrowers can choose repayment periods between 100 and 180 days, with transparency regarding fees.
• No Collateral Required – Loans can be accessed without providing security, making it accessible to a broader audience.
• Credit Building Opportunities – Timely repayments can increase your borrowing capacity up to KES 50,000.
• Anytime Access – The service is available 24/7, accommodating the diverse schedules of potential borrowers.

Fee Structure

• Loan Amounts: KES 500 to KES 50,000
• Repayment Period: Between 100 and 180 days
• Service Fee: A one-time charge ranging from 3% to 10% of the loan amount
• Interest Rate (APR): Between 16% to 30%

Illustrative Example

If a borrower takes out KES 10,000 for a term of 100 days, the breakdown is as follows:

• Interest (26% APR): KES 712
• Service Fee (9%): KES 900
• Total Repayment Amount: KES 11,612

Privacy Assurance

KeCredit employs data from your mobile device, such as SMS history, to verify identity and evaluate creditworthiness. All personal information is encrypted and secured during transmission via HTTPS. The platform prioritizes user privacy and does not share information with third parties without consent.

Eligibility Criteria

• Must be a Kenyan resident
• Aged between 20 and 60 years
• Holder of a stable income source

Customer Support

If you have any inquiries or require assistance, KeCredit provides support through the following channels:

• Email: [email protected]
• WhatsApp: +254 715692341
• Office Address: Le Mac Building, 6th Floor, Office 3B, Airport Drive, Nairobi, Kenya