We believe people will happily lend to their friends in need if they are certain they will not lose their money. To that end our PesaPata goal is simple and profound. We enable you as our agent to lend to secured clients, that we have looked for and/or vetted, at amazing rates (up to 0.5% per day) while a borrower is empowered with interest rate as low as 1%.
We give you a side/main hassle and all these on your mobile phone.
KEY PESAPATA BENEFITS
1. Earn interest. The lender earns interest of over 0.5% per day on loans issued.
2. Borrowers enjoy an interest rate as low as 1%.
3. PesaPata Credit Score. Borrowers are evaluated on their creditworthiness and assigned a credit score ensuring that you lend to creditworthy clients.
4. We guarantee money being borrowed; meaning we automatically acquire any loan that is in overdue state for more than 60 days at principal value.
5. Real time transactions. Loans are sent instantly on being selected by the lender to the borrower’s MPESA account without delays.
6. Secure platform. Lend and borrow money on a secure platform.
7. Exquisite and simple design. Downloading and installing the app is fast and easy plus the user interface is friendly to use.
TO GET STARTED
a) Download the Pesapata app
b) Register using your credentials (national ID and mobile phone number)
c) Choose your interest...lend or borrow
When you download Pesapata we will ask you to accept our terms and conditions and ask for permissions to view your contacts and SMS’ so as to verify your identity, create a credit score and facilitate processing of your mobile loan application for immediate loans.
Privacy and permissions: pesapata takes your privacy seriously and we will never share your personal information unless you direct us by granting your permission.