HELA PESA is a loaning application that is specially designed to give clients access to short-term, convenient and affordable mobile loan products anywhere and anytime. Loans are disbursed and paid using the mobile money transfer services like MPESA.
To access the service, download the app, complete registration process and wait for account activation. Once account is activated, loan limit is availed which is the loan ceiling. This limit improves over time based on Client loan score that's is highly impacted by the payment history. You can also switch between modules in order to activate and access other products like salary advances among others
The app also provides a convenient platform for loan repayments enabled by the integrated mobile money payment service. Data and transactions are highly secured to provide clients with a secure business environment.
This application is a product of Hela Capital Ltd that prides in providing convenient financial services, anywhere and anytime.
The HELAPESA Loan offer:
1. Loan Amount: 500 Ksh ~ 70,000 Ksh
2. Loan Term: the shortest tenor is 61 days, the longest is 365 days
3. Interest rate: 24% APR
4. Service Fee: 0