Kuwazo allows you to access low cost mobile loans straight to your Mpesa account within minutes. Enjoy our flexible repayment schedules.
HOW TO GET STARTED
* Download the App
* Give Kuwazo permission as requested
* Create Account
* Login with your credentials
* Send a 6 month mpesa statement as directed by the App
* Borrow your qualified amount
* Receive money directly into your Mpesa Wallet
KUWAZO RATES AND FEES
Kuwazo offers the following loan products:
*63 Day Loan (9 Weeks) -
A 63 day loan incurs a 24% interest rate.
The total amount is payable in three instalments with the end date being the 60th day after the money is disbursed into your account.
Minimum Repayment Period : Unlimited
Maximum Repayment Period : 63 Days
Scenario:- Suppose you take a 60 day loan of Ksh 1000 on 1st Jan 2019
You receive Ksh 1000 directly into your Mpesa Wallet.
Your total payable amount is Principal + Interest of 1000+(24/100*1000)=Ksh 1240
You will be required to pay the first instalment of Ksh 414 on 22st Jan 2019, your second instalment of Khs 414 on 12th Feb 2019, your third and final instalment of Ksh 412 on 5th March 2019
Borrow and Repay on time to improve your prequalified limits and access loans with longer repayment periods and lower interest fees
For optimum performance, Kuwazo requires permissions such as:
-Display over other apps.
You will be required to grant these permissions on initial launch of the Kuwazo App.
To determine your credit worthiness, Kuwazo uses data that you submit to us such as your legal name, National ID, Mpesa Number, and your Mpesa Statement.
All communication between Kuwazo App and Kuwazo Servers is encrypted.
HOW TO REACH US
Email us at: email@example.com
SMS/ Whatsapp us on : and +254-745660345