Kashat

4,277

Kashat is Egypt’s first Nano lending mobile app offering small loans. Loans start from 100 EGP and got up to 1500 EGP. Once approved, you can withdraw your loan through the following disbursements channels: Aman, Vodafone Cash, Fawry

Service and Admin fees:
The annual percentage rate (APR) charged for borrowing from Kashat is 16% - 28% of the loan amount. The APR is expressed as a percentage that represents the actual cost of funds over the term of a loan.
8 EGP is deducted in the form of processing fees from the total limit amount at the time of disbursing the loan.

Repayment plans Options:
Within Two weeks - Less management fees & admin fees
Within 2 month - Full management & admin fees
After 3 Months - Extra management & admin fees

A late fee is of 3 EGP/week is applied with a maximum cumulative late fee of 24 EGP over 8 weeks for all loan amounts in late payments.


Loan Example:
You borrow 100 EGP
You will be required to pay EGP 28 in two equal monthly installments (EMI) over and above the borrowed amount as follows:

Installment 1:
Principal amount: 50
Admin Fees: 14
Total Payable: 64

Installment 2:
Principal amount: 50
Admin fees: 14
Total Payable 64

Total amount repaid to Kashat: EGP 128, break up of which is as follows:

Principal - EGP 100

Admin fees - EGP 28

Salient Features:
- Provide a few details to create your account
- Answer a few questions.
- Flexibility to choose an amount required from the limit assigned to you
- Zero collateral, or personal guarantees and minimal documentation

What do you need to create an account on Kashat?
- You must be above 18 years old.
- You must be an Egyptian citizen.
- Your national ID must be valid.
- Set your pin code to access the app

How can you apply for a loan?
- Download the application
- Accept Kashat app permissions
- Scan your National ID
- Create an account
- Answer few questions.
- App will calculate and assign a limit for you.
- Accept the limit and withdraw the amount within minutes.

How can you withdraw your money?
After limit approval, Kashat will generate a voucher which you can cash out from the mentioned disbursement channels: AMAN Stores, Vodafone Cash Fawry.
How much can you borrow from Kashat?
Limits start from 100 EGP - 1500 EGP, Kashat starts out with small loan amounts, and every time you repay on time your credit score increases, providing you an opportunity to borrow a higher amount on subsequent loan applications.
To learn about increasing your credit score, visit the financial tips section in the App

When should you repay your loan?
You should pay in two equal monthly installments (EMI) over the 61 days tenure of the loan, or use the option to pay the loan earlier through the special offers at a discounted APR and no additional fees or charges, or pay back after 17 weeks with late fee payment with a maximum cumulative late fee of 24 EGP

Kashat offers can help you:
- Increase your loan limits.
- Pay less administrative and service fees.
- Increase your chances of getting a better credit score.

To learn more about our offers, visit the offers section.

How can you repay your loan?
Generate a repayment voucher within the app which provides you with multiple repayment channels.

Privacy and permissions:
When you download Kashat, you will be required to scan your National ID in order to verify your identity and grant some android permission to your phone, the permission may include the camera, contacts, location, and others.

We encrypt your data to ensure the highest standards of privacy and security
Your privacy is important to us; your personal information will never be shared without your permission.

Contact us:
We're always pleased to hear from you!
If you have any feedback, questions, or concerns, you can reach us at supprt@kashat.com.eg, www.facebook.com/Kashateg, Or call us at 15022
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What's New

Adding Referral Program
Fixing notifications
Fixing phone verification problem
Fixing a few bugs and security issues
Adding Design and content Enhancements
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Additional Information

Updated
April 15, 2021
Size
22M
Installs
100,000+
Current Version
1.0.3.8
Requires Android
5.0 and up
Content Rating
Everyone
Permissions
Offered By
Kashat
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