Craft app is a mobile loan app that enables instant application of loan to Craft inventors and get decision instant. On loan approval, cash is sent immediately and direct into your MPESA account
1. Loan Amount: Ksh 500 ~ 100,000 Ksh
2. Loan Term: The shortest tenor is 91 days, the longest is 365 days
3. Fees: 12%
4. APR: 12%
Service Fee: We charge additional service fee to cover the cost of credit scoring,payment cost, and account management. The amount varies for loan amount requested
Example: If the loan amount is Ksh 20,000 for one year loan term with the total fees of 12%, then the APR will be Ksh 2,400 which is also the loan fee.