M-soko loan chap loan makes it easy for you to access loans using your smart phone. Sign up in seconds, apply for a loan and receive your money straight to your mobile account.

RATES AND FEES

Algeria
Loan Amounts applicable: دج 500 to دج 20,000
APR: 22.5% to 31.5%
Example loan: For a loan of principal of دج 10,000, a flat fee of دج 850.
No late fees, rollover charges, or origination fees.
Total amount to pay 10,000 + 850 = دج 10,850.

Angola
Loan Amounts applicable: Kz 500 to Kz 20,000
APR: 23% to 33.5%
Example fee: For a loan of principal of Kz 7,000, a flat fee of Kz 770.
No late fees, rollover charges, or origination fees.
Total amount to pay 7,000 + 770 = Kz 7,770.

Ghana
Loan Amounts applicable: GH₵ 500 to GH₵ 20,000
APR: 23.5% to 31.5%
Example Fees: For a loan of principal GH₵ 2,500, a flat fee of GH₵ 450.
No late fees, rollover charges, or origination fees.
Total amount to pay 2,500 + 450 = GH₵ 2,950

Tanzania
Loan Amounts applicable: TZS 500 to TZS 20,000
APR: 19.5% to 32%
Example fee: For a loan of principal of TZS 4,250, a flat fee of TZS 850.
No late fees, rollover charges, or origination fees.
Total amount to pay 4,250 + 850 = TZS 5,100.

South Africa
Loan Amounts applicable: R 500 to R 20,000
APR: 23.5% to 33.5%
Example Fees: For a loan of principal R 2,500, a flat fee of R 450.
No late fees, rollover charges, or origination fees.
Total amount to pay 2,500 + 450 = R 2,950

Egypt
Loan Amounts applicable: E£ 500 to E£ 20,000
APR: 18.5% to 32%
Example fee: For a loan of principal of E£ 4,250, a flat fee of E£ 850.
No late fees, rollover charges, or origination fees.
Total amount to pay 4,250 + 850 = E£ 5,100.

Repayment Terms for All Loans
Depending on the loan amount for which you are eligible, you have the option to choose repayment terms for up to 366 days. Every loan amount we offer has a minimum repayment period of 120 days. Choose the loan term that’s right for you within the app.

M-soko loan puts you in control of your finances. The M-soko loan app lets you apply for credit on the go and it works 24/7.

* No paperwork, collateral or office visits needed
* Use your money the way you want to -- for home or business
* No late charges or rollover fees
* Get access to bigger loans, lower fees, and flexible payment terms as you repay

SAFE AND SECURE

M-soko loan makes getting a personal loan simple by using the data on your phone including your SMS history to verify your identity and create a credit score. We encrypt the data you choose to share with us to protect your privacy.