Helasasa is a newly launched online lending application in Kenya, and the loan application process on the app is very simple. Just follow the available instructions on the app, and the important thing is that you need to have a valid ID card to be able to borrow money. The lending feature of this app is very user-friendly and modern, allowing customers to check information, manage their loan limits, and interest rates conveniently on the app.
Conditions for Borrowing Money on the Helasasa APK Application
To borrow money quickly and easily on the Helasasa application, customers need to meet the following requirements:
- Customers must have a valid ID card
- Customers’ phone numbers must be registered
- Customers need to have a bank account to receive the loan funds
- Compliance with the terms and conditions stated on the application is required
- Customers need to have a stable job and a monthly income
Loan Information on the Helasasa Application
Understanding the online loan information through the application is very important before you decide to borrow. Here is some essential information when using the Helasasa application:
Interest Rates
Helasasa offers loans with interest rates ranging from 10.5% to 13.5% per year. With these favorable rates, you don’t need to worry about high interest rates.
Loan Limit
Helasasa loan allows customers to borrow from 3,000 to 90,000 KES. This loan limit is suitable for many users, helping to quickly resolve financial issues.
Loan Duration
Customers can choose a loan duration from 100 days to 300 days. This is one of the longest loan terms available today, ensuring that customers do not need to worry about early repayment.
Advantages of Borrowing Money on the Helasasa Loan
Using the Helasasa app for online loans offers significant benefits:
- You can borrow money anytime, anywhere with an internet connection, saving time and effort compared to borrowing from a bank.
- Utilizing AI technology, Helasasa reviews loan applications within 5 minutes.
- The loan process is simple, and anyone can participate with just a few basic steps.
- Loan repayment is easy, allowing for monthly installment payments.
- Even those with poor credit can borrow money, with loans tailored to individual needs.
- Personal information is encrypted and securely protected.
- No collateral is required, allowing you to borrow without needing to pledge assets.
Steps to Apply for a Loan on Helasasa
Step 1: You need a phone with an internet connection to apply for a loan.
Step 2: Open the loan application on the app.
Step 3: Fill in your personal information on the form.
Step 4: You will be advised on a suitable loan.
Step 5: Submit the loan application to the system and wait for approval.
Quick Loan Repayment Methods
Cash payment
Bank transfer
Online payment via the app or website
Using a credit card or debit card
Helasasa app is a convenient application that helps users in Kenya borrow money quickly and easily via mobile phones or computers. The app offers many benefits such as flexibility, quick approval, and effective financial management. However, before borrowing money, users should carefully consider the interest rates, fees, and loan conditions.
