Kava: Save & Invest

Everyone
1,275

WHY KAVA?
Dreaming of getting a great education, starting a hustle, buying a motorbike, acquiring that latest phone? Kava app gives you the ability to invest and save towards your ambitions all on your phone! Create as many accounts as your goals and aspirations, and watch your money grow daily.

Kava has done away with high minimum savings thresholds and enables you to earn a return on your investments from as little as KES 1000/-. Deposit via MPESA and a tracker on displays the performance of each goal in just a glance.

When you some of your money back, initiate a withdrawal right from the App. Alternatively, keep your money intact, borrow only what you need and pay it back in up to 90 Days!

USING KAVA IS EASY!
Download the Kava App
Register
Create a savings account and deposit a minimum of Kshs1000/-
Borrow against your savings up to 90%

SECURITY
During the registration process, Kava shall require from you:
Your name, phone number, email address, age and other personal information that Kava, in its sole discretion, may deem relevant for purposes of registration;
This data is encrypted and protected. Your personal information will never be shared without your direct permission.
https://kava.africa/kava-app-privacy-policy/

SAVING & INVESTMENT TERMS
Savings Amounts:
Minimum to create an Account = Ksh 1,000
Return = Up to 8% p.a*
Saving Investments are powered by Britam Asset Managers (K) Ltd


LOAN TERMS
Loan Amounts:
Minimum Ksh 3,000, Maximum Ksh 500,000.
Facility Fee = 5% - 10%
APR = 60% to 122%.

Loan Tenure
Depending on the loan amount for which you qualify for, customers have the option to choose loan periods of a minimum of 62 days to a maximum of 92 days.


Loan Fee Example:
Loan Amount of Ksh 3,000
Disbursement Fee = Ksh 50
Facility Fee = Ksh 150
Total repayable = Ksh 3,200
A one-time 5% late fee will apply on loans past due

CONTACT US
Have a query?
Call: 0709 880 000
WhatsApp: 0724 222 669
Email: kava@kava.africa
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What's New

What’s New:
1. Registration Fees have been waived.
2. Removed Contacts Permissions.
3. KRA PIN is now mandatory during Registration.
4. The number of fields required during the registration have been reduced
5. The Maximum single transaction amount on loans has been increased.
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Additional Information

Updated
June 1, 2021
Size
8.5M
Installs
100,000+
Current Version
7.1
Requires Android
4.4 and up
Content Rating
Everyone
Permissions
Offered By
Kava
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