Benefits
-We don't require any paperwork or security/guarantors
-You can request a loan from any physical location without having to travel
-Loan applications are processed within 2 minutes
-You receive the exact loan amount you apply for

Loan repayment
- To repay, either use M-Pesa on the App or our paybill number and provide the phone number you registered with as the account.
- Loan repayments are made via M-Pesa and are applied instantly.
- You may repay your loan before the due date and in instalments of any amount.
- Excess payments will be automatically applied to your future loan requests.
- You can request another loan immediately you settle the current one.

Data Privacy
For us to generate your credit score automatically, Mkopo Smart do not collect your Location, Call Log, SMS and Phone data from your device.

Details
Tenure: 30 days to 150 days
Loan Amount: from Ksh.250 to Ksh. 50,000.
Maximum APR is 52%

For instance, for a loan processed with a principal amount of 10,000, a 90 - day loan payment term and an interest of 12%.

The total interest charges would be Ksh. 1,200, the total amount due would be Ksh.11,200
i.e. ((12/100) x 10,000) +10,000=11,200