Total Cost Breakdown (Loan Fees):

• Interest Minimum: 7.13%
• Interest Maximum: 7.13%
• Processing fee: None
• Insurance Fee: None
• Withdrawal Fee: None
• Late Fees: 7.13%, Roll-over
• Other Fees: None
  

Disbursement Details

• Institution Type: Commercial Bank
• Application Method: Digital
• Disbursement Method: Vooma Wallet/ Bank Account
  

Repayment Method:

• Repayment Frequency: Bullet
• Early Repayment: Allowed
• Repayment Method: Bank Transfer
  
  

Eligibility Requirement:

• Smartphone: Not Required
• CRB: Must be in good standing
• Income: No minimum
• Employment: Not required
• Network: No requirement
• History: Active account for 6 months

Documents:

• National ID
• T&C Links

Representative Example of Loan Costs:

• Example Loan Amount: ksh100,000
• Representative Loan Cost: 7.13%
• Total Loan Repayment Amount: ksh107,130

This product is provided by KCB Bank Kenya Limited. KCB Bank Kenya Limited is a Commercial Bank licensed under the Banking Act Cap 488 of the Laws of Kenya and regulated by the Central Bank of Kenya

How To Apply

Pros:

• Application by App or USSD
• Fast approval time (within 24 hours)
• Loan limit grows over time
  

Cons:

• Must have an Active Account for 6 months to access
• No discount for early repayment