Little Pesa Mobile Loans

Little Pesa Mobile Loans
Little Pesa Mobile Loans
Developer: LittlePesa Ltd
Category: Finance
166.2K installs
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App Description

Little Pesa Offers unsecured short term loan limits to Salaried individuals.

Little Pesa is duly Licensed and Regulated by the Central Bank of Kenya and is also approved Data Processor and Data Controller by the Data Protection Commissioner.
1. Short-Term Loan Limits up to Ksh 200,000
• Loan Tenures is 62 Days. However, the borrower has an option to
choose early repayment of 7 days, 15 days and 30 days and interest is charged according to the loan tenure chosen.
• Most Competitive Interest Rates.
• 3 Top ups available within your loan limit
• No Security/Guarantee required!
• No Processing Charges!
• No hidden charges—only Ksh 60 is charged as M-Pesa disbursal charges.
• Earn Loyalty points equal to 1% of the loan amount on every loan paid on or before the due date.
• Refer & Earn – Share Little Pesa App with your friends or colleagues and earn Ksh 1,000 per reference and your referee also earn Ksh 500 upon paying his/her first loan on time.
• Maximum APR is 110%
Representative example of a loan having repayment period of 62 days: Amount of loan Ksh 10,000 Processing fee NIL. Interest @ 18.75% flat i.e Ksh 1,875 payable upfront . The maximum APR works out to be 110%.
2. Flexipay Loan Limits up to Ksh 300,000
• Loan Repayment spread over 3- 12 months to make it affordable to you.
• Option to choose your desired date of payment.
• 3 Top ups available within your limit
• Prepayment of loan allowed after 3 months.
• Earn Loyalty points equal to 0.5% of the loan amount on every loan instalment paid on or before the due date.
• Most competitive Interest Rates—for 12 months loan interest is just 4.5% p.m
• Maximum APR is 72%
Representative example of a loan having repayment period of 3 months : Amount of loan Ksh 10,000 Processing fee NIL. Interest @ 6% p.m i.e Ksh 600 p.m. So Maximum APR is 72%.
3. Product Financing Loan Limits up to Ksh 300,000
• Loan Repayment spread over 3- 12 months to make it affordable to you.
• Option to choose your desired date of payment.
• 3 Top ups available within your limit
• Prepayment of loan allowed after 3 months.
• Earn Loyalty points equal to 0.5% of the loan amount on every loan instalment paid on or before the due date.
• Only 10% Down payment required.
• Most competitive Interest Rates—for 12 months loan interest is just 3.5% p.m
• Reputed suppliers tied up to meet your product requirements.