Chapaa Loan - Easy for Cash

Chapaa Loan

About this app

*Chapaa Loan was founded to offer better financial service that is simple, fully digital and no paperwork to non-bank people with the world's advanced technologies.

*Loan Product
1. Loans Amount: Ksh 2,500 to Ksh 50,000
2. Loan Tenure: 91 days - 365 days
3. APR: Minimum 24% to Maximum 50%
Example for Better Understand: If the loan amount is Ksh 5000 and the APR is 31% with a tenure of 91days
Interest = 5000 Ksh * 31% / 365 * 91 = 386Ksh
You will get Ksh 5000 and should repay Ksh 5,386 (5000 + 386) after 91 days.


* Loan Process
1. Install app from the Play Store.
2. Create a Chapaa Loan account.
3. Choose the amount you would like to apply for.
4. Fill in your basic information and submit.
5. Receive cash straightly into your M-pesa account.

*Permission and Privacy
When installing Chapaa Loan, we will require you to authorize us to access your mobile information to verify your identity and evaluate your credit eligibility. Your data is protected by the highest security standards in