Loanika-A guide to quick Mobile loans

Get an instant cash loan from your mobile anytime! Loanika App provides timely and affordable loans to cover your financial needs and make your opportunity ready!

Simple, Fast, Secure - Sign up in seconds, apply for a loan and receive money directly in your M-Pesa account. It’s a reliable way to access credit when you need it.

Loan Applicant Minimum Requirement
* Age between 20 to 60
* Kenya Citizenship
* Kenyan ID holder

RATES AND FEES

The Quick Loan App offer:
* Loan Amount: KES 200 - KES 50,000
* Loan Term: the shortest tenor is 91 days, the longest is 365 days
* Interest rate: 16% APR
* Service Fee: 0

Example: If the loan amount is KES 2000 and the loan term is 180 days. Therefore, the total Interest would be KES 2000 *0.00067*180 = KES 240 .

IT’S EASY TO GET STARTED

* Download the Loanika APP
* Register for an account using your M-Pesa number.
* Secure your identity in 3 simple steps through the app.
* Verify your identity code through our secure system in minutes.
* Get money sent directly to your M-Pesa in an instant.
* Repay on time to get a credit limit up to KES 50,000.
* Repay your loan with M-PESA through our Paybill 409523, phone number you sign up with, loan amount you applied.

* You can pay in full or make partial payments anytime before due date.
* Easy repayment schedule keeps you on track with your payments.

PERSONAL LOANS

With Loanika App, you can apply for an instant loan to
- pay for the little extra expense you want for your new smartphone, motorcycle, household products
- pay the education course you or your child really want to pursue
- pay off unexpected expenses,
- buy airtime top-up
- get the extra money to scale your business
- extra money to upgrade your lifestyle and fulfil your travel dream
whatever you need

Buisness Loans
*We offer business loans to borrowers with existing businesses.
*Interest Rate: APR 10%
*Loan Term: the shortest tenor is 91 days, the longest is 365 days
*Overdue Fees: 2% of the outstanding balance per month
*No collateral is needed.

OTHER BENEFITS
#Low interest & flexible repayment schedule
#100% digital process
#No hidden charges
#More referrals, More rewards

Ready to get started? Install the Loanika App Now!


SAFE AND SECURE

When you download APP, we will ask for permissions to use the data on your phone including your SMS history and other information in order to verify your identity and create a credit score. We take privacy very seriously and your personal information will never be shared without your direct permission.


CONTACT US today!!!

email: [email protected]
+ (254) 0100288340