Mobile lending has become a very popular practice in Kenya. Its growing popularity and easy accessibility, has led to a boom in the number of mobile loan services available in the country, as a direct response to the ever growing demand present here.
One of such mobile loan services available in Kenya, is Jiwezeshe and with the heading towards end month financial struggles almost upon us, this information might just come in handy.
Jiwezeshe is a personal loan application that provides instant loans to its users wherever and whenever within Kenya, straight to their Safaricom M-Pesa mobile money wallet accounts. The mobile lender also boasts of very flexible repayment terms.
What You Should Know About Jiwezeshe Loans
Below are certain things you should know about Jiwezeshe i.e, the features as well as the requirements for your loan application:
- Jiwezeshe requires all its users to pay a registration fee of 250 Kenyan Shillings in order to activate their accounts. This approach is rather different from what is usually employed by loan providers in Kenya. The only other mobile loan providers that are known to charge a registration fee, are Fadhili, Usawa and Utajiri.
- You must be residing in Kenya in order to be eligible for a loan from Jiwezeshe.
- You must be 18 years of age or older in order to be eligible for Jiwezeshe loans.
- You must have an Android mobile device that can successfully download and install the Jiwezeshe mobile app.
- You do not need to have a bank account or any form of collateral in order to acquire a loan from Jiwezeshe.
- Loan durations with Jiwezeshe range from four (4) months to two (2) years. This is however dependent on the loan amount taken. In a nutshell, the higher the loan amount the longer the repayment duration.
- Jiwezeshe does not require you to visit a branch, or upload any documents before giving you a loan.
- Jiwezeshe gives its users loans from 300 Kenyan Shillings to up to 100,000 Kenyan Shillings. Any amount above 100,000 to up to 1 million Kenyan Shillings, will need to be secured.
- You must have a Kenyan ID or Passport number.
- Disbursal is almost instant. Your Jiwezeshe loan once approved, will be sent directly into your M-Pesa mobile money wallet.
How To Apply For An Jiwezeshe Loan Via The Jiwezeshe App
To apply for an Jiwezesha loan via the loan provider’s mobile app, simply:
- Go to Google Play Store on your android device and search for ‘Jiwezeshe’. Alternatively, you can download the Jiwezeshe Mobile app via this link: https://play.google.com/store/apps/details?id=ke.jiwezeshe.jiwezeshe
- As soon as you are done downloading the Jiwezeshe application on your android mobile device, proceed to install and launch the application.
- Once done, register with Jiwezeshe by paying the registration fee which is 250 Kenyan Shillings.
- After that, proceed to login to your account.
- Next, check your Jiwezeshe loan limit.
- Once done, select the amount that you would like to borrow.
- Answer the set of questions that Jiwezeshe presents to you. This will be to determine your loan legibility.
- Your loan once approved, will be sent directly into your M-Pesa mobile money wallet.
How To Repay Your Jiwezeshe Loan Via M-Pesa
To repay your Jiwezeshe loan via M-Pesa Paybill, simply use the following steps:
- Go to your M-Pesa via your Safaricom SIM Toolkit.
- Once there, select the ‘Lipa na Mpesa’ option on the menu.
- Next, select the ‘Paybill’ option.
- In the field labelled as ‘Paybill Number’, type in 155221. This is the official Paybill number for Jiwezeshe.
- Next, in the field labelled as ‘Account Number’, type in your M-Pesa phone number. Please make sure that is the same Safaricom M-Pesa phone number that you registered with Jiwezeshe.
- Once done, type in the loan amount that you would like to repay.
- Type in your unique M-Pesa pin.
- Again, please make sure that all the details you provided are accurate, especially the Paybill Number and of course your phone number. After making sure the details are correct, proceed to submit your payment by selecting ‘Ok’.
How To Contact Jiwezeshe’s Customer Care Service Team
If you are in need of further assistance from Jiwezeshe, please feel free to reach out to the loan provider’s customer care via the following channels:
- Their official E-mail address: info@jiwezeshe.co.ke
- Their official phone number: +254 793823744
