50K+
Downloads
Content rating
Everyone
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About this app

About this app:

In out endeavour to meet our customer needs, Kingdom bank in partnership with Okolea International; would like to be able to server over 200,000 retail customers and over 100,000 micro, small and enterprises.

Download KB Okolea App and get loan up to Kes 30,000 for up to 120 days for personal, business or other financial needs. Money directed to your M-pesa in realtime.

Features:

KB Okolea is the go to solution for customers in need for quick mobile loans processing at their convenience. The following is what is required
National ID photo
Profile photo
Realtime processing of loan to Mpesa
Grow you limit fast
One off commissions from as low as 4% inclusive of Excise Duty
No security required

KB Okolea Personal Loans:

Loan Amount - Ksh 1,000 - Ksh 30,000
Duration - 62 days to 120 days
Interest rates - One off interest from 4% to 15.45% dependent on loan duration
Maximum APR - 74.16%

Example personal loan:

Amount requested - Kes 5,000
Duration - 120 days
Interest - 10,000 * (15.45 / 100) = Kes 772.50

Amount disbursed - Kes 5,000
Amount to be repaid - Kes 5772.50
Monthly payment - 5772.50 / 4 = Kes 1444

Eligible Customer

Any Kenyan resident of 18+ years of age who has a valid Identification Card and an M-pesa number.

Time to money:

Customer indicates how much they need within their allocated limits and choose the ideal repayment date.
Money is sent realtime to customer M-pesa in realtime upon request approval.
Repay directly via the app or via Paybill 7381740 and ID Number as the account number.
Early of partial payments can be done before due date.

Data privacy and safety

All data collected is to verify your identity and build your credit profile. KB Okolea does not disclose and personal information to anyone without your permissions.
We encrypt the data you choose to share with us for safety.
Click https://kb.okolea-international.com/privacy-policy to view our privacy policy.

Disclaimer

KB Okolea is owned by Kingdom Bank LTD, which is regulated by the Central Bank of Kenya in partnership with Okolea International which is a licensed DCP by Central Bank of Kenya.
Updated on
Nov 11, 2023

Data safety

Safety starts with understanding how developers collect and share your data. Data privacy and security practices may vary based on your use, region, and age. The developer provided this information and may update it over time.
This app may share these data types with third parties
App activity and App info and performance
This app may collect these data types
Location, Personal info and 4 others
Data is encrypted in transit

App support