Kashway Personal Loan : Product Details & How to Apply

Rates available from as of 1st April 2021
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Kashway

Unsecured Loan
Amount
KES
2000
-
10000
Duration
0.75
months
-
0.75
months
Total Cost
25
%
-
36
%
per loan
Typically approved within
1
days
visit website

Loan Fees:

  • Interest Minimum: 25%, per Loan
  • Interest Maximum: 36%, per Loan
  • Processing fee: None
  • Insurance Fee: None
  • Withdrawal Fee: None
  • Late Fees: 2% Daily
  • Other Fees: None

Disbursement Details:

  • Institution Type: Digital Credit
  • Application Method: App Based
  • Disbursement Method: M-Pesa

Repayment Details:

  • Repayment Frequency: Bullet
  • Early Repayment: Allowed
  • Repayment Method: M-Pesa

Eligibility Requirement:

  • Smartphone: Required
  • CRB: Must be in good standing
  • Income: No minimum
  • Employment: Not Required
  • Network: M-Pesa Customer
  • History: Not Required

Documents:

How to Apply

Money254 Review

Pros:

  • Formal Employment not required
  • Fast approval time (Less than 24 hours)
  • Digital application process, no paperwork   

Cons:

  • Low starting loan limit
  • Relatively high late fees (2% daily)
  • Relatively high interest rates (25-27% per loan)

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How to Apply for Kashway Loan, App, Repayment, Fees & Contacts

Kashway App Loan is offered by Wakanda credit. It is available on Google Play Store with over 1 million downloads and a 4.3/5 star rating from the 14 thousand plus reviews.

Kashway has no USSD code currently.

Kashway App Loan Limit and Interest Rate

Kashway Loan Requirements & Eligibility

How to Register Using the Kashway Loan App

How to Apply for Your First Kashway Loan

How to Make Kashway Loan App Repayments using the app and via M-pesa

Fees & Penalties

Kashway Loan App Privacy & Permissions

Kashway Loan App Reviews

Kashway App Loan Contacts

Learn more about Personal Loans available in Kenya on Money254

Money 254 is a new platform focused on helping you make more out of the money you have. We've created a simple, fast and secure way to find and compare financial products that best match your needs. All of the information shown is from products available at established financial institutions that our team of experts has tirelessly collected. Instantly search loan products from established providers in Kenya and compare on the terms that matter most to you.

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