Mega Loans App focuses on providing short-term credit to fix your emergencies and occasional short-term money needs.Our services are available to any adult in Kenya(18+) with a national ID and an MPESA-enabled phone number or bank account. We give a minimum of Ksh. 1,000 and a maximum of Ksh. 3,000,00 at a reducing Maximum Annual Percentage Rate of 60% per annum. The minimum loan repayment period is 3 months and a maximum period of 1 year.For example, if you take a loan of Ksh. 20,000, and plan to repay it in 3 months, the payment can be broken down as follows Monthly Payment = Ksh. 18,360Interest 1st Month = KSh. 2,500Interest 2nd Month = KSh. 1,706Interest 3rd Month = KSh. 874Cumulative Interest = Ksh. 5,080Total payment in 3 months = Ksh. 55,0801. Why choose Mega Loans App?We offer a variety of loans to cater for your needsWe offer flexible repayment period plansQuick disbursement on approvalLoan extension application available2. Who can apply for a loan?We will consider an application form from you if you are:Aged 18 or overA Kenyan residentYou have a salary account with a bank in Kenya3. SecurityYour data is safe with us. It is transferred over a secure HTTPS connection to us, and we do not share it with anyone without your consent except the Lenders. All the transactions are secured via a 128-bit SSL encryption.
Mega Loans Kenya
