Anyone with an Android smartphone download the Mokash app, apply for loan, and receive an instant decision. It takes about few minutes to complete the application.
Welcome to Mokash Loans
Fees and Commissions:
Loan Amounts: ksh 300- Ksh 100,000(unsecured) to Ksh 100,000-Ksh 1M(secured)
Repayment Periods: 4 months to 2years
APR: 15% to 120%
Annual Ledger Fees/Accounts Maintenance Fee: Ksh 100 -ksh 300
Example Fees:For a Loan of Ksh 10,000, a flat fee of Ksh 2,000.No late fees,rollover chargers or origination fees.
Meaning even if the loan is repaid in 1 year after no additional amount charged.
Note: For secured loans(Asset finance & Business loans:
Kindly visit our offices to avail documentation after online application is done.