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 three major loan products:
*14 Day Loans-
A 14 day loan incurs a 15% interest rate.
The total amount is payable in weekly instalments with the end date being the 14th day after the money is disbursed into your account.
Scenario:- Suppose you take a 14 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+(14/100*1000)=Ksh 1140
You will be required to pay the first instalment of Ksh 570 on 8th Jan 2019 and the final instalment of 570 on 15th Jan 2019

*21 Day Loans-
A 21 day loan incurs a 20% interest rate.
The total amount is payable in weekly instalments with the end date being the 21st day after the money is disbursed into your account.
Scenario:- Suppose you take a 21 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+(21/100*1000)=Ksh 1210
You will be required to pay the first instalment of Ksh 404 on 8th Jan 2019, your second instalment of Khs 403 on 15th Jan 2019 and your final instalment of Ksh 403 on 22nd Jan 2019

*28 Day Loans-
A 28 day loan incurs a 14% interest rate.
The total amount is payable in weekly instalments with the end date being the 28th day after the money is disbursed into your account.

Scenario:- Suppose you take a 28 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+(14/100*1000)=Ksh 1140
You will be required to pay the first instalment of Ksh 380 on 8th Jan 2019, your second instalment of Khs 380 on 15th Jan 2019, your third instalment of Ksh 380 on 22nd Jan 2019 and your final instalment of Ksh 380 on 29nd Jan 2019


Borrow and Repay on time to improve your prequalified limits and access loans with longer repayment periods and lower interest fees

SAFETY MEASURES:

For optimum performance, Kuwazo requires permissions such as:
-Storage
-Phone
-Camera
-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: talktous@kuwazo.co.ke
SMS/ Whatsapp us on : and +254-745660345
Facebook: @kuwazokenya