Okolea is an app that provides instant loans to Kenyans through their mobile phones. Clients' loan limits are reviewed and increased every time they repay their loans on time.
Download the Okolea app, fill in the form, and submit. The app will redirect you to an easy to use home screen. You are then required to go to your profile and fill in other required details to enable us to serve you better.
When you register with Okolea you get assigned a loan limit after your account is appraised which allows you to borrow instantly any amount equal or less than their assigned limits. Every time you repay your loan on time, you get a loan limit increase.
Our interest rate is low at 0.5% per day to ensure that you enjoy our facility and repay without experiencing financial strain.
Okolea app is awesome and here is why;
Instant access to loans sent straight to your mobile phone.
You can borrow more than 1 loan at a time. *As long as you are within your loan limit.*
Ability to sort out emergencies when they arise no matter where you are.
Your information is secure and is not shared with third parties.
Lowest interest rate in the market.
It is easy to use.
Loan Amounts: 500 KES - 500,000 KES. Minimum and maximum period for repayment: 60 days - 1 year. Service Fee: One time, 0.6% - 2.5% of the principal. Interest Rate (P.A): 30% - 180%. Late Fees: Does not exceed the loan principal.