Lion Cash Personal Loan : Product Details & How to Apply

Rates available from as of 1st April 2021
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Lion Cash

Lion Cash Unsecured Loan
Easy Apply
Amount
Ksh500 - 70k
Duration
14 days
Interest Rate
Total Cost Including Institution's Other Fees
16% per loan
Typically approved within 24 hours
visit website
Easy Apply

Loan Type

Unsecured Loans

Total Cost Breakdown (Loan Fees):

  • Interest Minimum: 16% per Loan
  • Interest Maximum: 16% 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: National ID
  • T&C Links

Representative Example of Loan Costs:

  • Example Loan Amount: ksh10,000
  • Representative Loan Cost: 16%
  • Total Loan Repayment Amount: ksh11,600

How to Apply

Money254 Review

Pros:

  • Fast approval time(Less than 24 hours)
  • Formal Employment not required
  • Loan limit grows over time

Cons:

  • Disbursed amount lower than requested amount (deducts loan interest  upfront)
  • Short Loan tenure
  • Relatively high Late fees (2% daily)

See more Personal Loans available in Kenya on Money254

From short-term app loans to long-term bank loans, we have aggregated all of the unsecured Personal Loans from Kenya's top financial institutions.

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How to Apply for LionCash Loan, App, Repayment, Fees, Contacts

LionCash loan app is a product of Grola Tech Limited, available on Google Play Store with over 1 million downloads and a 4.4 out of 5 star rating. 

LionCash loans are not available via USSD.


Who Is Eligible For LionCash Loans?

LionCash Loan Limits and Interest Rates

How to Register Using the LionCash App

How to Apply for Your First LionCash Loan

How to Make LionCash Loan App Repayments

Fees and Penalties

Privacy and Permissions

LionCash Loan App Reviews

LionCash Loan App Contacts

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