Kashway Loan App is a Kenyan mobile Lending App known for it’s quick and Instant loan disbursement of cash to M-pesa account without any paperwork or collateral and can be downloaded from Google play store.
Kashway Loan Application Review
Kashway is a Kenyan mobile Lending platform that has made it easy for anyone living in Kenya to access and borrow money from the kashway Loan App anytime, anywhere and recieve cash Instantly into your M-pesa account.
How Kashway Loan App Works?
The protocols for getting a loan through the kashway Loan App is quite easy and hassle free as all that is needed to get started and apply for a loan is just a smartphone with an Internet connection and the Kashway Loan App inside your smartphone.
KashWay uses data from your phone, including your handset details and financial transaction SMS messages to make lending decisions. Kashway loan app combine this with your KashWay repayment history to build an individualized credit score, which determines the loan offers you receive
How To Become Eligible For Kashway Loan Application?
There are some certain requirements, informations and documents needed to approve your kashway loan application quickly.
All you need to apply is your Safaricom phone number, your Kenyan National ID and answer few questions that will be asked.
Kashway will also request access to the data on your phone in order determine your eligibility.
Note: to fasten up your approval, you need to share with them the correct details in your kashway loan application form, keep good credit with all other lenders, and correctly input your account details.
How To Apply Through Kashway Loan App
The Kashway loan application can be processed in a twinkle of an eye through this step by step guide below:
• Open Google Play and search for “KashWay” Loan APP.
• Click on install and download the Kashway App
• After download, you can open the Kashway Loan APP and follow the process to register and apply for a loan.
How Much Can You Apply On Kashway Loan App
Currently kashway loan sizes range from Ksh 2000 to Ksh 10,000. If you repay loans as scheduled, the amount that you can borrow will increase.
Kashway Loan Interest Rates And Fees
Kashway Loan Interest rates are determined by a number of factors, including your repayment history with KashWay and the cost of lending for them.
Depending on these factors, the origination fee is charged 25% for a term of 21 days.
Borrowers are required to cover any mobile money transaction fees, such as M-PESA charges, associated with repaying the loan. Standard SMS and data charges by your mobile carrier may apply.
How To Repay Your Kashway Loan Through M-pesa
KashWay paybill number is 900068. To make a repayment with M-PESA, follow these
Step: 1. Navigate to MPesa in your Safaricom menu on your phone
2. Select Lipa na M-PESA
3. Choose the Paybill option
4. Enter the Paybill number 900068
5. For account number, enter your MPesa number on which you received your KashWay loan
6. Enter your repayment amount
7. Enter your M-PESA pin
8. Confirm that all details are correct and press “OK”.
Kashway Loan Repayment Plan
To view your repayment information, kindly click “My Account”, then choose “My Repayment”. You will be able to see your due date and the amount.
Is kashway Loan App Legit?
Kashway loan use world-class data security and encryption techniques to protect the data you share with them. KashWay never shares your information with third parties unless it is for dedicated business purposes, such as reporting defaulted loans to authorized credit bureaus. They do not sell your data or credit profile.
Kashway Loan Contacts
If you have any questions, you can email kashway on service@KashWay.cc with your registered M-Pesa number in the subject.
They will reply to your questions as soon as possible.
Also, you can visit KashWay office in Nairobi, Kenya and call them with +2540748449406.